Jun18
The word is out: Cruising is a good value on a great vacation
It appears that what you’ll pay for a cruise vacation has reached bottom and is slowly trending upward. The upshot: Book now for the best deals.
In a conference call to Wall Street analysts Carnival Corporation CEO Micky Arison said, “We have started tweaking pricing on a variety of brands.”
Read: Prices are increasing. However, some incredible deals are still to be found.
Despite the global economic slowdown, nearly 20 million people chose to cruise in 2008, a healthy increase of 7.9 percent growth over 2007 that contributed to the five-year growth rate of 6.9 percent, according to reseach by Shippax Information.
The Caribbean continues to be the largest market for cruising, representing one-third of the passengers who cruise. However, the European cruise destinations, particularly the Mediterranean but also the Baltic and Northern Europe, showed some nice growth and may be overtaking the Caribbean.
The economy did have an impact on orders for new ships, which were low at just seven. However, with annual and long-term growth trends such as these, it would seem that the cruise lines are being understandably cautious and will probably place orders for magnificent new ships once the economic picture appears more stable.
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