Cruise Prices Going on Even Keel in the Caribbean

Cruise prices in the Caribbean appear to be stabilizing, prices in Alaska are falling and Europe continues to be strong, according to a report from investment firm A.G. Edwards.

Analyst Tim Conder said in A.G. Edwards’ February Cruise Pricing Report that Carnival’s Caribbean prices are, so far, not falling for the second and third quarters, and that third-quarter prices are up in the Caribbean for Royal Caribbean.

Europe continues to be the strongest geographic market, Conder said, with pricing up a double-digit percentage over last year. Conder also noted that weekend lodging in European cruise markets, which has been weak since last spring, has begun to rebound.

Overall, Conder said continued weakness in the Caribbean has been offset by strength in Europe and declining fuel prices.