It amazes me that cruise lines are booming, and ordering/building new mega ships. Must be a lot of folks who buried their $$ in good ol mason jars in the backyard. Looks like I gotta go dig up another. IF I can remember where it was hehehehe...
CONSIDERING WHATS GOING ON IN THE MARKET
Market may reach a saturation point where there are far more cabin than people to fill them. In that event, we'll see measurable price reductions. Obviously the analysts have convinced the market is in a long term growth spurt and there are a lot of new ships coming on-line. Its got to pause eventually.
I suspect in the case of a saturation before seeing the price drops we will see the sale and or retirement of many of the older and smaller ships in the fleet as maintenance costs tend to increase with those.