Cruise ticket prices softening, more could follow

Ticket prices obtained by the three largest listed cruise shipping groups softened from May to June and this could extend much further as the economic outlook remains challenging, a recent analyst report noted.

“Royal Caribbean (Group), Norwegian Cruise Line, and Carnival all saw capacity-weighted sequential ticket pricing declines from May to June, according to new data from BofA Global Research.

Price declines ranged from 1% to 3% compared to May, with Carnival seeing the largest drop (2.6%),” a report on Yahoo Finance said.

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