RCL - Major Cruise Operators Slash Summer Prices Despite High Demand - Here's Why | Benzinga
Big cruise line operators like Royal Caribbean Cruises Ltd (NYSE:RCL), Carnival Corp (NYSE:CCL), and Norwegian Cruise Line Holdings (NYSE:NCLH) are reportedly cutting summer cruise prices to fill cabins, say travel agencies and company websites.
This adjustment comes as more ships head to popular destinations like the Caribbean and Alaska while rerouting from the Red Sea due to ongoing conflicts between Israel and Hamas, Reuters reports.
Despite record demand and increased revenues, cruise prices for trips departing from the U.S. this summer are lower than last year, Reuters quotes from AAA data.
Royal Caribbean's seven-day itineraries in the Caribbean and Bermuda are down 21% year-over-year for ...