Why are cruises going up in price?

He noted the removal of COVID-19-related cruising restrictions in the fall of 2022 as a big factor in boosting Europe bookings and allowing for price increases, and he said the surge in bookings was coming from both veteran cruisers and newcomers.



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Vacations can be expensive, so naturally, whenever there's a study that suggests ways to travel cheaper, it's worth digging into. According to an extensive study that followed price drops in the cruise industry, Thursdays may be the best day to book a cruise.

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What is the cheapest time to book a cruise? Prospective cruisers can usually find a lot of good deals at the beginning of the year during wave season, Goldberg-Glazer said. That period typically lasts from January until March. However, the optimal time to book may depend on when you plan to sail.

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While the cruise lines have been sailing around 60-80% capacity in 2022, some are predicting they will reach 100%+ occupancy by the middle of this year. So, with more individuals wanting to cruise, this means higher cruise fares. We are already feeling these effects when trying to plan trips for the year ahead.

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13 Tips for Finding Cheap Cruise Deals
  1. Don't Wait for Last-Minute Cruise Deals on High-Season Sailings. ...
  2. Hunt Down Shoulder Season and Repositioning Cruise Deals. ...
  3. Use Cruise Critic's Deal Score to Know When a Deal is Really a Deal. ...
  4. Bundle Up for the Best Cruise Deals. ...
  5. Ask for a Price Drop Credit When Cruise Fares Change.


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Every cruise line wants its customers to come back onboard and therefore offers excellent incentives to book your next cruise onboard. Cruisers who know they will sail again can take advantage of these offers and earn perks they otherwise will not receive once they return home.

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According to an extensive study that followed price drops in the cruise industry, Thursdays may be the best day to book a cruise. Prices associated with travel are always in flux due to supply and demand, so the prices of a cruise can change daily. Prices could spike on a Wednesday and drop, well, on a Thursday.

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The summer months, especially June, July, and August, are the peak travel season for cruises. This is primarily due to families taking advantage of school holidays and vacation time. With increased demand, cruise prices tend to be higher during these months.

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Cruise lines having a hard time filling up ships for fall excursions are offering lower base fares to attract more travelers.

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Your rate is likely to be the same (or at least very close) to what you'd pay online. In addition, you can also get perks like onboard credit if you book on the ship. Keep in mind as well that if you do book and find a lower price later, you can call the cruise line and let them know.

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Planning ahead is a great way to score big savings, as Royal Caribbean often runs early saver deals to guests booking well in advance. It's also pretty safe to assume prices usually go up as availability goes down the closer you get to your sail date, so booking ahead is a surefire way to lock in a great rate.

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Many people suggest $100 per day, and this has generally worked well for me in my cruising experiences, but there are a lot of variables to consider. Here are some guidelines to help you decide how much money to bring on a cruise.

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Final Thoughts To recap, the single best way to pay for a cruise booking is either by bank transfer or a credit card (if you can pay the balance in time). Both have fees attached but they are actually quite similar on balance.

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Expect to pay between $3000 and $5000 for a family of four during this time of year. That being said, it's possible to find a cruise for around $2000 during the off-season if you can make it work with your kids' school schedules.

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Cruising in 2023 is mostly back to normal following the pandemic-induced changes implemented across the industry in 2021 and 2022. Pre-cruise testing has been almost entirely abolished, ships are sailing at full capacity, and new ships are being constructed.

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The average cost of a 7-day cruise is $1,500 per person based on double occupancy. However, this price can range from $700 to $4,000 per person, depending on the cruise line and specific itinerary.

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