We plan on going on a cruise in the fall or winter. Was wondering if it would be better to book now or wait until later this summer? If the economy enters or is already in recession do you think prices will drop? It seems to me they might if people are afraid of an uncertain ecomony and start to conserve money in case things worsen. I seem to remember in 2001 in the last recession the Norway being advertised at $249.00 for an inside cabin on a 7 day cruise. Could that happen with prices in the vacation industry later this year? Would like to hear others thoughts on this.
There are pros and cons of doing it either way. As for rates dropping, if they drop prior to final payment you can request the lower fair.
many people, probably over 50% book cruises 6 months or more in advance. if you want to sail in the fall or early winter this is only 3 to 5 months away. Late Sept to early Dec other than Columbus day week and Thanksgiving week you will find the lowest fares of the year. By booking now you stand a better chance of getting a good cabin at a good rate. If you wait you may find the cruise you are looking at selling out or the cabin selection not all that great. I will give you an example, we are planning on a cruise late Novemeber. Even being a travel agent and should have known better I fiddled around and lost the deal I really wanted. No, we agents do not cruise free like many think.
I would contact a travel company that specializes in cruising. I can't give you any names but there are a few companies throughout the USA that do a great job.
If you wait, yes, indeed you may get a great rate, usually these come about a few weeks to a month prior to the sail date.
As for the economy, well, let me tell you business has not suffered a bit from the economic slump, or vary little.