Rare Cruise Junky Posted February 24, 2012 #201 Share Posted February 24, 2012 Well, I believe that Royal Caribbean is still getting premium prices for the Colossus of the Seas twins... :rolleyes: Yep, probably 20%? I'd probably pay a 20% premium for the TA on Royal as the TA prices are usually very reasonable. Link to comment Share on other sites More sharing options...
Putterdude Posted February 24, 2012 #202 Share Posted February 24, 2012 On the subject of costs, I am reminded of one year when I lived in San Diego and it was the site for the Super Bowl. San Diego is an extremely popular vacation destination. Because of that fact, inflated prices were monitored. They did not want San Diego to be seen as taking advantage of people who would very likely be repeat visitors to San Diego long after the Super Bowl was over. I would think that Princess will realize that many of us are repeat cruisers with Princess. Sorry to burst your balloon. However, I believe in Santa Claus, the Easter Bunny and the Tooth Ferry, but I won't kid myself re the fact that Princess will command as high a price as the market will bear for as long as they can....regardless of the loyalty of their clientèle. The only obligation they have is to maximize profits for the benefit of their shareholders....much as we shop for the lowest fares regardless of our loyalty to Princess. Link to comment Share on other sites More sharing options...
caribill Posted February 24, 2012 #203 Share Posted February 24, 2012 I guess you need to look at historical data of rates when they launch new ships. Just look at the two recent RCCL ships, Displacement of The Seas I and II. They still command higher rates than similar itineraries on older RCCL ships. Example: December 30, 2012 Caribbean holiday sailing out of Fort Lauderdale 8 nights Independence of the Seas starts at $1349 ($169/night) 7 nights Allure of the Seas (newest RCCL ship) starts at $1449 ($207/night) Link to comment Share on other sites More sharing options...
Rare Cruise Junky Posted February 24, 2012 #204 Share Posted February 24, 2012 Just look at the two recent RCCL ships, Displacement of The Seas I and II. They still command higher rates than similar itineraries on older RCCL ships. Example: December 30, 2012 Caribbean holiday sailing out of Fort Lauderdale 8 nights Independence of the Seas starts at $1349 ($169/night) 7 nights Allure of the Seas (newest RCCL ship) starts at $1449 ($207/night) But can we really compare Royal to Oasis? Royal will be a great ship, but she's not that different to Celebrity's Solstice class. Other than her sister, there's nothing that comes close to Oasis. Link to comment Share on other sites More sharing options...
CRUZER2012 Posted February 24, 2012 #205 Share Posted February 24, 2012 But can we really compare Royal to Oasis? Royal will be a great ship, but she's not that different to Celebrity's Solstice class. Other than her sister, there's nothing that comes close to Oasis. If I remember my Economics class correctly, prices are also determined by the availability of another reasonable alternative. There are lots of cruise options these days. Though I really do like cruising on Princess. Link to comment Share on other sites More sharing options...
IECalCruiser Posted February 24, 2012 #206 Share Posted February 24, 2012 For future comparison, these were the Launch Fares for the 2012 Ruby Princess 19 Day Venetian Passage cruise. There was also a $100 Captain's Circle Launch Savings. The 2013 Royal TA will only be 18 days. IS: $1,400 OV: $1,690 BALC: $2,090 M/S: $2,590 Link to comment Share on other sites More sharing options...
Rare Cruise Junky Posted February 24, 2012 #207 Share Posted February 24, 2012 For future comparison, these were the Launch Fares for the 2012 Ruby Princess 19 Day Venetian Passage cruise. There was also a $100 Captain's Circle Launch Savings. The 2013 Royal TA will only be 18 days. IS: $1,400 OV: $1,690 BALC: $2,090 M/S: $2,590 Nice sleuthing. Will be very interesting to compare. Link to comment Share on other sites More sharing options...
RickEk Posted February 24, 2012 #208 Share Posted February 24, 2012 Nice sleuthing. Will be very interesting to compare. It should actually be interesting to see the price differential between insides and balconies since there are no oceanview cabins... And here's hoping that they include some single cabins... Link to comment Share on other sites More sharing options...
IECalCruiser Posted February 24, 2012 #209 Share Posted February 24, 2012 It should actually be interesting to see the price differential between insides and balconies since there are no oceanview cabins... How True! Link to comment Share on other sites More sharing options...
Astro Flyer Posted February 24, 2012 Author #210 Share Posted February 24, 2012 Hopefully the info about additional details being released on March 1st is accurate...if not sooner. :) Link to comment Share on other sites More sharing options...
Vexorg Posted February 24, 2012 #211 Share Posted February 24, 2012 Just a quick look at RCI pricing shows that a 7-day trip on the Oasis or Allure in July 2012 is going to run at least $1,300pp for an interior, and the single supplement puts that same cruise over $3,000(!) for a solo passenger. I'd like to try one of those ships (once anyway,) but not at those prices. On the other hand, you can sail an interior on the Oasis in November 2012 for $849pp, which is still a distinct premium over other ships, but not quite as expensive as something like a Disney cruise. You could also do an unobstructed OV for that price on the Ruby Princess, and possibly even a balcony if you could catch the right price break. I suspect that when it comes to the Royal, the biggest "price increase" will be the lack of the Oceanview categories. I frequently book the OVs, so I'd probably have to spring for a balcony (generally at least an extra $150-200pp over an OV) if I was sailing the Royal. I don't know if anyone could find it, but perhaps in this case it would be a more interesting example to see what pricing on the Grand Princess looked like when it was first launched compared to other Princess ships. Link to comment Share on other sites More sharing options...
Astro Flyer Posted February 24, 2012 Author #212 Share Posted February 24, 2012 I suspect that when it comes to the Royal, the biggest "price increase" will be the lack of the Oceanview categories. I frequently book the OVs, so I'd probably have to spring for a balcony (generally at least an extra $150-200pp over an OV) if I was sailing the Royal. Having no OV cabins will probably result in many paying more because it will not be possible to book lower priced obstructed & unobstructed OV cabins hoping for a complementary upgrade to a higher category of cabin. With having only balcony and inside cabins it will be interesting to see the price difference. Link to comment Share on other sites More sharing options...
CRUZER2012 Posted February 24, 2012 #213 Share Posted February 24, 2012 As I reread some of these posts, I got to thinking about some aspects of pricing. I imagine that Princess has been busily working on price structures for awhile, What is considered as pricing criteria would be telling. These may include capital recapture, stockholder interests, client retention, and market conditions. I can imagine that pricing is fairly complicated. Remember the Royal Princess is evolutionary, not revolutionary - no major risk factors by following this approach. Launch fares will possibly begin higher than normal for comparable cruises. But, these are only a starting point for fare pricing. Pricing is so sensible as a purchasing consideration, but emotionally I want to be on this ship in its Inaugural year. Link to comment Share on other sites More sharing options...
Loonbeam Posted February 24, 2012 #214 Share Posted February 24, 2012 Pricing IS very complicated. Princess, like every other travel provider, uses very sophisticated yield management software to determine pricing on a minute by minute basis. The actual algorithms used are a closely guarded secret but every single thing you listed is considered. As I reread some of these posts, I got to thinking about some aspects of pricing. I imagine that Princess has been busily working on price structures for awhile, What is considered as pricing criteria would be telling. These may include capital recapture, stockholder interests, client retention, and market conditions. I can imagine that pricing is fairly complicated. Remember the Royal Princess is evolutionary, not revolutionary - no major risk factors by following this approach. Launch fares will possibly begin higher than normal for comparable cruises. But, these are only a starting point for fare pricing. Pricing is so sensible as a purchasing consideration, but emotionally I want to be on this ship in its Inaugural year. Link to comment Share on other sites More sharing options...
CRUZER2012 Posted February 24, 2012 #215 Share Posted February 24, 2012 Pricing IS very complicated. Princess, like every other travel provider, uses very sophisticated yield management software to determine pricing on a minute by minute basis. The actual algorithms used are a closely guarded secret but every single thing you listed is considered. Thanks Loonbeam. I really like your moniker. :cool: Yield Management Software. Interesting. I suppose that is like airline pricing. That sure makes a lot of sense. Link to comment Share on other sites More sharing options...
bdjam Posted February 24, 2012 #216 Share Posted February 24, 2012 I like the more intimate Princess atria better too... I dunno... it seems to me that while a very tall atrium is certainly spectacular, it would also be a spectacular waste of space that could be put to better use. Link to comment Share on other sites More sharing options...
Astro Flyer Posted February 25, 2012 Author #217 Share Posted February 25, 2012 Pricing IS very complicated. Princess, like every other travel provider, uses very sophisticated yield management software to determine pricing on a minute by minute basis. The actual algorithms used are a closely guarded secret but every single thing you listed is considered. Thanks for those insights which is what I figured but had no way to know for sure. My TA told me that it was yield management that created an issue last March on the 1st day of booking. It was for a cruise at the end of this year that could be booked as a 32 day or b2b cruises. We wanted to book as a 32 day cruise however learned that not one cabin in the area we wanted to book was available even though by booking it as a b2b they were readily available. My TA contacted Princess & was able to free up a cabin of our choice but it was such a shock to be told there was nothing available for any cabin we wanted to book on the very 1st day...thanks to yield management! :rolleyes: I understand the need for yield management to maximize income which for us if we had booked it as a b2b it would cost about 10% more. I'm thankful that our TA was able to get us a cabin of our choice. :) Link to comment Share on other sites More sharing options...
CRUZER2012 Posted February 25, 2012 #218 Share Posted February 25, 2012 I like the more intimate Princess atria better too... Aha! You used your Latin training. Atrium, Atria. :) Link to comment Share on other sites More sharing options...
DanJ Posted February 26, 2012 #219 Share Posted February 26, 2012 I don't know if anyone could find it, but perhaps in this case it would be a more interesting example to see what pricing on the Grand Princess looked like when it was first launched compared to other Princess ships. My parents did a cruise on the Sun Princess during it's brief tenure as the largest ship for about $1200 for the both of them in an inside. We had an inside on the Grand in late 1999 (the week after the Thanksgiving cruise), and it was $800pp. Not quite the comparison you are after, and I wasn't as much into price shopping online then as I am now. Personally, I'm hoping they come up with balcony cabins that are a little more suitable for 4 people than the ones they have now. As long as we are taking our kids now, Princess just isn't on the shopping list for us. Sure, having the closet set up the way it is provides a nice separation from sleeping area to bathroom area, but it takes up space a sofabed and upper bunk could go. Link to comment Share on other sites More sharing options...
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