Carnival Announces Price Increase on Cruises

by Libby Zay 
Posted Feb 25th 2010 06:10 PMUpdated Mar 18th 2010 10:21 AM



lilu12323, flickr

Carnival Cruise Lines announced on February 24th they will be implementing a price increase for all summer sailings.

The cruise line said the across-the-board price increase comes in the wake of "record wave seasons bookings" from the period of January 1st through February 21st, 2010.

Prices will swell up to 5 percent, depending on departure date. Carnival is encouraging travelers to book before March 22nd to save on all June, July, and August departures.

According to the release, Carnival President and CEO Gerry Cahill said: "We're seeing significantly increased volume as consumers are taking advantage of the incredible value that a Carnival cruise provides."

Wave season-the period running from mid-January to early spring-is considered the most important booking period in the cruise industry. Industry watchdog Cruise Critic predicted earlier this month that cruise prices are on the rise because new ships are driving prices up and "people who skipped their big vacation in 2009 are getting ready to hit the road again."

To stay afloat on all the cruise bargains currently being offered, check out our roundup of cruise deals.

Carnival operates 22 ships that sail voyages ranging from three to 15 days in length, and to destinations such as the Bahamas, Caribbean, Mexican Riviera, Hawaii, Panama Canal, Canada, New England, and Europe.
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