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#1
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Have cruise fares hit bottom?
We all know that with the economy in the tank, since the beginning of the
year cruise fares have dropped like a stone and many of you who had already booked cruises found that your reservations could be re-booked at lower fares. I would say that 80% of the open reservations I had on file qualified for lower prices. But recently, that seems to have stopped. While I spent most of February doing fare reductions, I haven't had a single one in the past two weeks! On top of that, some fares are now starting to go up. I had booked a HAL Alaska cruise and found the fare had gone down $300 pp and got the booking adjusted. By final payment date... the fare had gone back up $100 pp. To be sure, there are still some outrageously good deals out there... especially last minute sales on shorter cruises, or inside cabins on Alaska cruises going for $399. Overall, I think the market has stabilized a bit and perhaps is starting to drift back to normal. One other point. For the most part, the ships are still going out full. In fact, some of the cruise lines are reporting good increases in cruise sales (10% for Carnival, 6% for Princess, etc) in January and February... but at the lower rates. Carnival is going to release it's first quarter results this Tuesday and it will be interesting to see how the dollars are adding up... and how advance reservations are looking. George Leppla http://www.CruiseMaster.com Cruise Specials Weblog http://cruisemaster.typepad.com/my_weblog/ May 10, 2009 ALASKA http://www.cruisemaster.com/moagc4.htm January 10, 2009 Southern Caribbean http://www.cruisemaster.com/caribprin.htm October 16, 2010 OASIS http://www.motherofallgroupcruises.com |
#2
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Have cruise fares hit bottom?
On Mar 22, 7:57*am, "George Leppla" wrote:
We all know that with the economy in the tank, since the beginning of the year cruise fares have dropped like a stone and many of you who had already booked cruises found that your reservations could be re-booked at lower fares. *I would say that 80% of the open reservations I had on file qualified for lower prices. But recently, that seems to have stopped. *While I spent most of February doing fare reductions, I haven't had a single one in the past two weeks! On top of that, some fares are now starting to go up. *I had booked a HAL Alaska cruise and found the fare had gone down $300 pp and got the booking adjusted. *By final payment date... the fare had gone back up $100 pp. To be sure, there are still some outrageously good deals out there... especially last minute sales on shorter cruises, or inside cabins on Alaska cruises going for $399. Overall, I think the market has stabilized a bit and perhaps is starting to drift back to normal. One other point. *For the most part, the ships are still going out full.. *In fact, some of the cruise lines are reporting good increases in cruise sales (10% for Carnival, 6% for Princess, etc) in January and February... but at the lower rates. *Carnival is going to release it's first quarter results this Tuesday and it will be interesting to see how the dollars are adding up... and how advance reservations are looking. George Leppla * *http://www.CruiseMaster.com Cruise Specials Webloghttp://cruisemaster.typepad.com/my_weblog/ May 10, 2009 *ALASKA *http://www.cruisemaster.com/moagc4.htm January 10, 2009 *Southern Caribbeanhttp://www.cruisemaster.com/caribprin.htm October 16, 2010 *OASIShttp://www.motherofallgroupcruises.com I think the price of oil probably has something to do with the prices holding firm right now also. I believe the lines see the trend and feel the movement in the oil business that prices are going up and they won't be coming down for a little while at the very least. Here's the difference from March 2nd: $40.15 to March 19 : $51.61 One of the biggest 2 week jumps in a while and with OPEC lowering the amount they are putting out per day, the greed everyone has seen profoundly recently of the American businessman and 'storm' season fast approaching it looks like I may actually have to worry about the dreaded fuel supplement being reapplied to my late July cruise. |
#3
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Have cruise fares hit bottom?
wrote in message ... On Mar 22, 7:57 am, "George Leppla" wrote: We all know that with the economy in the tank, since the beginning of the year cruise fares have dropped like a stone and many of you who had already booked cruises found that your reservations could be re-booked at lower fares. I would say that 80% of the open reservations I had on file qualified for lower prices. But recently, that seems to have stopped. While I spent most of February doing fare reductions, I haven't had a single one in the past two weeks! On top of that, some fares are now starting to go up. I had booked a HAL Alaska cruise and found the fare had gone down $300 pp and got the booking adjusted. By final payment date... the fare had gone back up $100 pp. To be sure, there are still some outrageously good deals out there... especially last minute sales on shorter cruises, or inside cabins on Alaska cruises going for $399. Overall, I think the market has stabilized a bit and perhaps is starting to drift back to normal. One other point. For the most part, the ships are still going out full. In fact, some of the cruise lines are reporting good increases in cruise sales (10% for Carnival, 6% for Princess, etc) in January and February... but at the lower rates. Carnival is going to release it's first quarter results this Tuesday and it will be interesting to see how the dollars are adding up... and how advance reservations are looking. George Leppla http://www.CruiseMaster.com Cruise Specials Webloghttp://cruisemaster.typepad.com/my_weblog/ May 10, 2009 ALASKA http://www.cruisemaster.com/moagc4.htm January 10, 2009 Southern Caribbeanhttp://www.cruisemaster.com/caribprin.htm October 16, 2010 OASIShttp://www.motherofallgroupcruises.com I think the price of oil probably has something to do with the prices holding firm right now also. I believe the lines see the trend and feel the movement in the oil business that prices are going up and they won't be coming down for a little while at the very least. Here's the difference from March 2nd: $40.15 to March 19 : $51.61 One of the biggest 2 week jumps in a while and with OPEC lowering the amount they are putting out per day, the greed everyone has seen profoundly recently of the American businessman and 'storm' season fast approaching it looks like I may actually have to worry about the dreaded fuel supplement being reapplied to my late July cruise. For the most part, the fuel supplements won't be reinstated unless the cost of oil hits $70 per barrel. Here is a good article about oil prices: http://www.bloomberg.com/apps/news?p...&refer=germany This one claims that it would be hard to get prices over $60 a bbl, but who knows. -- George Leppla http://www.CruiseMaster.com Cruise Specials Weblog http://cruisemaster.typepad.com/my_weblog/ May 10, 2009 ALASKA http://www.cruisemaster.com/moagc4.htm January 10, 2009 Southern Caribbean http://www.cruisemaster.com/caribprin.htm October 16, 2010 OASIS http://www.motherofallgroupcruises.com |
#4
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Have cruise fares hit bottom?
Could it be that they've saturated some markets with too many
lines and new megaships competiting for a limited number of customers? I want to do Alaska once; since I prefer sunning myself on a warm rock in the Caribbean vs. watching ice in the North Pacific. Airfares have a long way to fall to hit the pre- 140 dollar a barrel days too. I could have sworn I saw a RCI 14-day transoceanic cruise for $299 last week (gone the next day, sold out..) Oh, to be retired and able to jump on those deals! |
#5
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Have cruise fares hit bottom?
On Sun, 22 Mar 2009 11:31:24 -0400, "Unca Pete"
wrote: Could it be that they've saturated some markets with too many lines and new megaships competiting for a limited number of customers? I want to do Alaska once; since I prefer sunning myself on a warm rock in the Caribbean vs. watching ice in the North Pacific. Airfares have a long way to fall to hit the pre- 140 dollar a barrel days too. I could have sworn I saw a RCI 14-day transoceanic cruise for $299 last week (gone the next day, sold out..) Oh, to be retired and able to jump on those deals! It couldn't possibly be that it was "sold out" before the ad ran, could it? Thumper |
#6
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Have cruise fares hit bottom?
The cruise lines have some very good prices,but oh my god those air
fares, cruise lover(~~~~~) .. |
#7
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Have cruise fares hit bottom?
One can indeed find some pretty good cruise prices right now, but as someone
pointed out, the air fares tend to cancel out any cruise bargains. However, here on the West Coast, we are booking more and more 3, 4 and 7 day cruises for the locals not needing airfare. In fact, we were down at the Queen Mary (Carnival Cruise Line Terminal) last Friday to see some clients off on Carnival's Paradise. Carnival didn't seem to have any problem filling that ship. Likewise, we are going to be on her ourselves in a few weeks, just for a quick get-away. Incidentally, it was good to see some actual restoration work on the Queen Mary itself. The smoke stacks and the white part of the hull has been repainted so far, along with some work talking place onboard. It was nice to see that such an historic ship will not be allow to deteriorate any longer. Happy sailing, John |
#8
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Have cruise fares hit bottom?
The cruise prices are good from florida and the west coast,but here on
the east coast if you want a cruise from a port you do not have to fly to they raise the price of the cruise where there is not that much of a saving's cruise lover(~~~~~) .. |
#9
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Have cruise fares hit bottom?
"Surfer E2468" wrote in message ... The cruise prices are good from florida and the west coast,but here on the east coast if you want a cruise from a port you do not have to fly to they raise the price of the cruise where there is not that much of a saving's That is a function of supply and demand and always has been. Cruises from NY, Philadelphia and Baltimore have traditionally been higher because they serve a huge population area that can drive to the port. One fifth of the US population lives in the corridor between Boston and Washington, DC... and most of those people can drive to a port within a few hours. The more flying becomes a PITA, the more demand for cruises from these ports... and the higher the fares. -- George Leppla http://www.CruiseMaster.com Cruise Specials Weblog http://cruisemaster.typepad.com/my_weblog/ May 10, 2009 ALASKA http://www.cruisemaster.com/moagc4.htm January 10, 2009 Southern Caribbean http://www.cruisemaster.com/caribprin.htm October 16, 2010 OASIS http://www.motherofallgroupcruises.com |
#10
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Have cruise fares hit bottom?
"George Leppla" wrote in message ... "Surfer That is a function of supply and demand and always has been. Cruises from NY, Philadelphia and Baltimore have traditionally been higher because they serve a huge population area that can drive to the port. One fifth of the US population lives in the corridor between Boston and Washington, DC... and most of those people can drive to a port within a few hours. -- George Leppla http://www.CruiseMaster.com And there are DARN few cruises from those ports too. |
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