sanjame
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Posts posted by sanjame
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On 10/9/2021 at 1:05 PM, pinotlover said:
Anyone watching the current economic news will tell you that comparing cruise prices for a 2022 cruise priced 18 months ago, versus a 2023 cruise, recently priced, is comparing apples to oranges. Fuel Oil, food, and labor prices are increasing dramatically for those of you that obviously haven’t noticed. Oceania can hedge some of that out into 2022, but not 2023. Those price differentials you’re seeing are inflation hedges based upon the expectations of inflation. In 2023, if prices subside and Oceania needs to sell cabins, they’ll have the flexibility to drop prices. However, if inflation starts swirling upward, those currently posted prices may look like a bargain in 18 months.
I think you are absolutely correct.
Food, fuel, labour charges. The cruise industry is very vulnerable to these and I would not be surprised to see future cruises taking a dramatic jump.
Remember fuel surcharges for air travel?
Oceania needs a competitive online way to book airfare
in Oceania Cruises
Posted
While I agree with you, a case can be made for leaving it on a future (2023) reservations until final payment is required. It is an excellent hedge in theses times of rampant inflation - fuel prices and labour costs.