Understanding Cruise Value vs Cruise Price will help you choose a cruise that meets your needs, interests and your cruise budget. Value is subjective and reflects our personal feelings, opinions and expectations. It varies from person to person. It helps us determine if we are getting the best overall cruise experience for our money.
There are two components to cruise price. The first is the published fare that generally states, “Fares start at.” Additional taxes, port fees and other charges may or may not be listed or included. The second component is the unlisted, hidden or back end charges. These are the components that will impact the total cruise price. Most of all, they not only affect the cruise value but your subjective favorable impression of the cruise experience.
Cruise Value vs Cruise Price: An Example of Cruise Pricing’s Two Components
Let’s review Oceania’s Insignia July 11, 2019 sailing from Miami, FL.
A lowest price only person would select the G-Inside Stateroom at $849.
Delta Air Lines’ main cabin round trip air fare from New York to Miami is $368 plus baggage fees of $70 each way for 2 bags for a total of $508.
The cruise only fare plus the Delta air fare total $1,357
The basic Oceania fare for both examples include all non-alcoholic beverages, specialty restaurant dining, taxes, fees and port charges. The O Life package includes air fare, free Internet and we selected the $400 On Board Credit. The total cost $1,349.
Besides Price, What Gives a Cruise Value?
To begin with, your cabin, its square footage, location on the ship, and cabin amenities, can increase your enjoyment and add to the value of your cruise. Not all cabins, in every category, are created equal. Some are next to an elevator, or under a lounge with live music.
A cruise catering to people in your age group will have activities and entertainment and destinations that suit your interests. A varied selection of food offerings, in different food venues, greatly increases the value of your cruise.
Picking a cruise based on the value of what it offers will often cost less than choosing one based on price alone. Why? Because value filled cruises include amenities in the cost of the cruise. When amenities such as beverage packages, laundry services, specialty dining, and internet service, are purchased separately on-board, they can add a significant charge to the original low cost of a cruise.
Cruise value packages often include other amenities such as free gratuities, and on-board credit. Low end priced cruises do not include gratuities in the price of the cruise. They also do not offer on-board credit in the cost of the cruise.
Please call me at 800-388-8781 to learn more about our custom designed, individual cruises and the accompanied cruises I will host in 2020.
Financial Source Information John Diczok, BA, MBA – Fordham University, Financial Planning – Oglethorpe University, FINRA Licenses Series 7, 9, 10, 24, 31, 63, 65; Georgia Insurance license, IRS and NYS Tax Certifications