Go Back   Cruise Reviews Forums > General Cruise Chat Questions > General Cruise Chat
Register Forgot Password?
New! Use your Facebook, Google, AIM & Yahoo accounts to securely log into this site, click logo to login  

Closed Thread
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 05-12-2008, 06:01 AM
Join Date: Jun 2005
Location: Cape Coral, Fl.
Posts: 1,329
Have any of our TA's noticed a slow down in cruise bookings lately due to the economy? I've been reading a few news articles that indicate people are cutting back on vacations in general but I wonder if they would be eliminating a cruise also.
  #2 (permalink)  
Old 05-12-2008, 06:13 AM
Join Date: Dec 2005
Posts: 6,043
Haven't seen a slow down.
  #3 (permalink)  
Old 05-12-2008, 09:48 AM
TrvlPro's Avatar
Senior Member
Join Date: Apr 2007
Location: Houston TX
Posts: 2,172
I'm in a kind of niche in the industry that is slower to notice slow downs but... We have for the first time in several years stopped new hires and the training program that was once always running new classes, as one ended the next began. Don't know if it has to do with the economy or other factors, you can't grow forever. Personally I've noticed no slow down in bookings. The first quarter of the yaer was very strong although not record breaking. We'll see if the second quarter show signs of weakening. My guess is that it may show a small dip. After record breaking quarters for the cruise industry for a couple of years it couldn't possibly continue to grow at the pace it was on, or could it? We'll see, the industry is certainly not hurting. RCCL had record profits last year despite the cost of fuel rising. Others had similar results. If it does slow a little, it may result in lower cruise pricing. That will be the big indicator. If pricing dips significanly, it's slow for bookings. If they climb or remain at current level, it's a healthy market.

Cheers, Neil
  #4 (permalink)  
Old 05-12-2008, 11:59 AM
Join Date: Jan 2003
Location: Maryland
Posts: 3,904
I haven't noticed any slow down in my particular niche. Cruising tends to be a stable area of the travel industry, especially since cruise lines have become responsive to passenger requirements. For example, after 9/11, many cruise lines that had not done so before, started sailing out of many different ports around the country, such that a much larger percentage of the population could drive to an embarkation port, rather than fly.

Sometimes a cruise line's ups and downs in profitability has more to do with how much money they're pouring into the many new ships they're building, or if they suffered an incident that garnered a lot of negative press coverage. But the broad strokes are that the popular cruise lines continue to be popular, and profitable.

  #5 (permalink)  
Old 05-12-2008, 12:23 PM
penny3333's Avatar
Join Date: Nov 2005
Location: Alabama
Posts: 10,602
I would think that since it is still a good value vacation, anyone who can take a vacation will. And, as Sandy said, since more people can drive to a cruise port, it is a more viable option. I haven't seen a decrease in pricing, so that would indicate to me, cruising is holding its own. For economies on the euro, taking a cruise from a US port, is probably the best value they can receive. I guess time will tell, but I don't think there's be a slow down yet.
  #6 (permalink)  
Old 05-12-2008, 02:24 PM
Join Date: Dec 2005
Posts: 6,043
The way they are ordering newbuilds doesn't indicate a sign they expect a slow down.
Closed Thread

bookings, cruise, down, slow

Similar Threads
Thread Thread Starter Forum Replies Last Post
Carnival Offering Cash Back On Select Bookings Dave Carnival Cruise Line 4 06-11-2010 06:22 PM
carnival spirit 2 may 08-back to back cruise dizzybelle Roll Calls 1 02-23-2008 09:14 PM
Setsail Cut Off! CRUISELOVER94 Royal Caribbean Cruise Line 6 03-14-2007 08:36 PM
Just Back from Victory 8 day Cruise. Sherri You back onine yet? Tracy1969 Carnival Cruise Line 12 11-03-2006 08:07 AM
BACK TO BACK CRUISE ON TRIUMPH OR VICTORY Sandy G Carnival Cruise Line 1 09-28-2004 11:02 AM

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -7. The time now is 10:20 PM.

Contact Us - Terms of Use - Cruise Reviews Home - Archive - Privacy Statement - Top

SEO by vBSEO 3.5.2