by Sarah Kuta
Last updated: 12:05 PM ET, Thu May 30, 2024
Royal Caribbean Group, Carnival Corp. and Norwegian Cruise Line Holdings are discounting cruises that are setting sail this summer, reports Reuters.
Many lines are sending ships to Alaska and the Caribbean that would have otherwise been sailing in the Red Sea, according to Reuters. However, because of the ongoing Houthi rebel strikes in the Red Sea, operators are rerouting the vessels.
In 2024, 202 ships will sail in the Caribbean, an eight percent increase from last year. In Alaska, the number of vessels sailing this summer has increased by 9.3 percent since last year. That increased supply in both regions is contributing to lower summer prices, per Reuters.
Prices are down 21 percent compared to the same time last year for Royal Caribbean’s seven-day itineraries in the Caribbean and Bermuda, according to Reuters. Meanwhile, prices are down 12 percent for Norwegian and 11 percent for Carnival for similar itineraries.
In Alaska, Carnival’s July and August itineraries are 20 percent cheaper than last year. Royal Caribbean’s Alaska trips are six percent cheaper in July and 12 percent cheaper in August than last year.
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