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Four Reasons why Cruise Prices May Never Be Lower

We are seeing right now a perfect time for booking a cruise, particularly if you can leave at the last-minute. Obviously that is not feasible for everyone. But golden-agers, people with flexible work schedules, or perhaps people who were fun diving thinking of a vacation soon and haven’t quite nailed it down, now may be the time to take a cruise, particularly to the Mediterranean Area. Why then is now the perfect time to book a cruise? It is all about supply and demand.

The long-term trend for the cruise industry is going up, and has been since the late 1980s. That’s when the huge cruise ships began to be built-in anticipation of the large demand that this niche of vacationing would bring. We were holding right, as more cruises were built and more areas were covered by cruiselines, more people became cruise-happy. Since 2001 nine or more newly built cruises every year have been added just catering to North american clientele. In 2011 more than 19 million passengers worldwide took a cruise.

There are at least four reasons why right now is your optimum time to take a cruise:

  1. Demand is low. There are several reasons for this, but the economy is a big one. People are still eager about spending too much, but all of those cabins have already been built, and the cruiselines want to fill them. They feel if they can get you on board at a rock-bottom price, you’ll spend cash voluntarily at the casino or purchasing wine with dinner, normally not covered in your original cost to book. That doesn’t mean you have to make those purchases, and even if you didn’t take the cruise you still would have some cost for food.

The second reason why demand is low is the devastating Concordia traumatic events off the shore of Madeira last year, there are gotten more than a few people nervous about cruise ships. Like all disasters that are extremely rare, memories will reduce and folks will get past those fears and start booking. But for now it means empty cabins.

  1. New cruises will be built, meaning discounts on older cruises. With your newer cruises coming on board and demand in a recession, the older cruises are the ones to look for that will have the best deals. Some of these “older ships” just a few years ago were the fleets’ star attractions, and like getting a deal on a late-model used car it will be your best value.
  2. Rising fuel costs. Most analysts predict fuel prices to continue to rise, e . g in the future the cruiselines will have no choice but to pass the cost on.
  3. The economy will come back. Economies are cyclical, and these more difficult economic times will publish just as they have. When they do, cruise demand will increase.

The economy will bounce back and the Costa Concordia disaster will become a remote memory, and then demand for cruise trips will shoot back up in a big way. If you’ve ever taken a trip to the Mediterranean, you will know that a cruise is a fantastic way experience a vacation to Europe.

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