Cruise prices fluctuate with demand and supply. Sometimes price differences can add up to more than 80% of the price. And with summer approaching, so is cruise price drop season – as our historical data shows.
Historic Cruise Pricing Overview
Looking at the past can tell us quite a bit about the future. For example about the best time to book that cruise.
T
he chart on the right hand side shows you the historic pricing for oceanview cabins on Celebrity Eclipse. You can see how the pricing changes over time with the left hand side of the graph showing 600 days before departure and the right hand side being departure day.
We have normalized all pricing at 100 so that you can see price drops and hikes. The orange line is the average pricing line with the other lines showing statistical boundaries.
In this example, the pricing trend is generally upwards in the beginning with moderate increases of about 3%. Price reductions start about 60 days before departure with the lowest pricing around 40 days.
Of course, this is just the average. Cruise pricing will always be impacted by individual demand and supply. As you can see, there are sailings that have significant price increases fairly early. Such sailings are typically in high demand seasons (such as public holidays). And there is also a very active last minute season with strong pricing drops about 90 to 25 days before departure (red line).
Keep this in mind when looking at current cruise prices and check out the pricing history of the ship you are interested in. To do this, browse through the cruise lines, pick a ship, click on “analytics” and then choose a cabin type. Happy savings!
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