5 Signs That Cruise Prices Will Drop After Covid 19

The covid-19 crisis may dramatically decrease the demand for cruisers in the coming years and months. First time cruisers who have seen the media stories about 'super spreading' ships may avoid booking and even experienced cruisers are unsure about what the future of cruising will hold. Increased prices of travel insurance, reduced ports and social distancing onboard does make it feel as though the future of cruising is doom and gloom. But in 2021 I think we can expect to see cruise prices plummet, here's 5 signs that this will happen. Want to learn how to save 60% off advertised cruise prices and secure freebies/upgrades? Start here by joining the How to Cruise For Less Cruise Course: https://cruisingisntjustforoldpeople.com/cruiseforless/ Potential First Time Cruisers May Not Book If you've seen anything cruise and covid-19 related in the news you'll likely have seen stories about 'super spreading' cruise ships. Cruise ships are often described by the media as petri dishes for illness but this couldn't be further from the truth. Despite the majority of claims in these stories being incorrect the damage in regards to the cruise industry's image is likely already done. The Uncertainty About The Future of Cruising May Decrease Demand Many people who have previously cruised may be put off of cruising by the fact that we don't know what cruising will look like in the future. At the moment we are unsure about social distancing measures with some cruise lines stating that they'll be removing buffets, introducing my stringent health checks and limiting the number of passengers in venues onboard. Cruise Lines Need Income The Coronavirus crisis has caused MASSIVE financial problems for all cruise lines. Royal Caribbean is estimating a monthly cash burn of around $250 million dollars. No company is designed to deal with such a long period of time without any revenue. The cruise lines have been able to improve their liquidity and survive by seeking private investors, releasing more stocks onto the market and keeping as much money within the company as possible through future cruise credits. Luxury Lines May Do Better It may be the case that smaller more luxurious cruise lines have the advantage as they already have a greater amount of space per passenger. Cruisers may feel safer on a 900 passenger Viking cruise ship as apposed to a 7000 Royal Caribbean ship and so will chose this option. River cruising could also increase in popularity as the ships usually only have around 100 passengers and it would be much easier to enforce social distancing rules. Travel Insurance Changes May Decrease Demand The cost of travel insurance is set to increase and it may not actually be very useful. If you were to book a travel insurance policy now it would not include any coronavirus related claims apart from emergency medical expenses and repatriation costs. If your cruise was cancelled due to coronavirus you wouldn't receive anything from your insurance. Most companies aren't currently selling the travel disruption insurance that they usually would. Some Cruise Lines Are Already Reducing Prices We are already seeing some evidence of cruise lines reducing prices, particularly for new ships. I have JUST booked a cruise for 2021 for £55 per night, including gratuities on P&O's new ship Iona! Virgin Voyages have also cut their prices dramatically as well as offering guests with cancelled cruises 200% onboard credit and even more in some circumstances. The situation caused by the Coronavirus is difficult for all cruise lines but possibly more so for those who are set to be launching new ships this year. There definitely are bargains out there if you know where to look for them. If you are interested in learning more about how to cruise cheaply, start now by joining the How to Cruise For Less cruise course. You'll learn how to save 60% off advertised cruise prices and for a limited time, I'm also throwing in an audio consultation with me (usually $30): https://cruisingisntjustforoldpeople.com/cruiseforless/ *** ▶ SUBSCRIBE or weekly cruise tips, tours and news: https://bit.ly/34ltwZi ▶ FREE TRAINING: Want to learn how to cruise well on a budget? https://bit.ly/31vGORb ▶ JOIN THIS CHANNEL: https://bit.ly/3kmSZan ▶ BOOKING A CRUISE? Free cruise quote: https://bit.ly/3mf9FRZ *** RECOMMENDATIONS: Never ever ever ever cruise without travel insurance! Compare quotes here: USA: https://www.anrdoezrs.net/click-100225232-13511091 UK: https://tidd.ly/3oiKD5Y ▶ Recommended Cruise Lines: https://bit.ly/31WiXdA ▶ Recommended Blog/YouTube Resources: https://bit.ly/2HnSjn1 LEARN MORE: https://www.emmacruises.com/about Let’s Connect! https://instagram.com/emmacruises https://twitter.com/emmacruises https://patreon.com/emmacruises emma@emmacruises.com Facebook Group: https://bit.ly/2Hr3c7s