According to Travel Weekly, a cruise industry trade magazine, bookings are so strong this year that Carnival and Norwegian Cruise Line will increase cruise fares for 2010 departures.
Carnival’s rates will rise five percent on 2010 peak season (June, July and August) cruise fares while NCL’s prices will go up seven percent on April 2.
11 March
6 Comments Carnival and Norwegian Cruise Line to Raise Cruise Fares
Cruisegle
March 14th, 2010 at 1:12 pm
1As the dollar has strengthened against the pound is it wise for Carnival to increase the price of their cruises? A couple of months ago it was $1.6 a £1, now it is around $1.50.
Carnival cruises are sold in the UK in dollars, already UK cruises are facing a 6% in the fare (exchange rate), add another 5% to that and the sales will soon drop.
However the post in Travel Weekly may have been talking about Carnival UK (i.e P&O et al). If they were then the increase will probably have no effect on sales.
Anne Campbell
March 14th, 2010 at 1:24 pm
2You certainly make a good point. Cruise lines can also lower fares in a heartbeat, especially in areas (like Britain) where bookings are sluggish.
Faraz
March 14th, 2010 at 3:19 pm
3It seems that cruise lines are not applying price increases to upcoming repositioning cruises. I’ve seen a few articles recently talking about how prices for these cruises are actually dropping – e.g: http://articles.latimes.com/2009/mar/15/travel/tr-money15
Anne Campbell
March 14th, 2010 at 6:01 pm
4No, they wouldn’t increase the price of repositioning cruises. There are amazing deals on these voyages and all that time spent at sea is wonderful. You can get a balcony cabin under $100 per person, per day. And, the Europe to Florida route (vs. North Atlantic) can be as calm as a lake.
Faraz
March 14th, 2010 at 6:16 pm
5I agree. There are some incredible deals for the repositioning cruises. Thanks for the tip on the Europe to Florida route. That sounds fantastic.
Now, I just need to convince my wife:)
Eddy
March 14th, 2010 at 7:25 pm
6One of the good things about the cruise industry is that its prices auto correct quickly. If that 7% increase is too much it will not last. The cruise industry could serve as the test subject in a petri dish for a capitalist scientist to prove his/her theory.
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