Are We Headed For Cruise ARMAGEDDON??
Source: Our analysis of the creator's lived experience, based on what they said in this video.
Creator's Key Takeaways
The cruise industry has a ton of challenges on the horizon.
Between those four ships, that is 8,800 cabins that have come online.
It is not outside the realm of possibility that we may see a couple of cruise lines or a cruise line actually go bankrupt and cease to exist.
The good news for us as cruisers, at least over the next year, is that we're going to see downward pressure on cruise fairs.
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Could we be approaching a PERFECT STORM on the HIGH SEAS? Less bookings, more inventory, high prices, more ships and a bad economy could spell a whole lot of pain for the cruise industry. I talk about all of the challenges cruising is facing right now, and some of the potential results. Could a popular cruise line CEASE TO EXIST? Here's a more in depth video on what's causing available inventory to surge across all major lines: https://youtu.be/aezraxMsDco?si=1QWs0mqokTsBzZoy