P&O Cruises has carried out research on Cruise Holidays. P&O have found that Cruise holidays, once the preserve of the wealthy have become more affordable and accessible.
They found that a two week Cruise holiday for summer 2009 in an ocean view cabin costs £1579 per person whereas ten years ago it would have cost £2520.
P&O Cruises managing director, Nigel Esdale said: “The cumulative inflation rate between May 1998 and May 2008 is 32%*, so if cruise holidays had increased accordingly, then our prices should be more than double those in this summer’s brochure. In actual fact, this year’s prices are more than £900 cheaper per person, almost £2,000 cheaper for a couple than ten years ago.”
“Compare that to a loaf of bread, which cost 48p and is now £1.08, or a pint of draught bitter which cost £1.70 ten years ago and is now around £3 a pint or even the well documented price of a litre of unleaded petrol which cost 67p per litre in 1998 and is now £1.12. Household expenditure on everyday items has practically doubled, whilst cruise holidays have become more affordable than ever.”
As a whole Cruise holiday prices have been decreasing over the years, making Cruise holidays more affordable than ever, whereas our everyday essentials have done the complete opposite.
For full quotations visit the Cruise News website The Cruise.