By SHANNON KELLY
To say that every cruise disaster has a silver lining may be crass, but in the wake of recent tragedies aboard the Costa Concordia and Costa Allegra, it seems that cruise prices have dipped significantly.
Time Magazine found that last-minute deals on Caribbean cruises are about 65 per cent less than would be expected and that cruise lines are piling on booking incentives to draw buyers. The New York Times reported that that European cruise prices have dropped by 12 per cent over last year.
Deals won’t last forever: despite the devastation of the tsunami in Japan in March last year, tourism there is already bounding back and is expected to exceed not just 2011 but 2010 levels. The smaller-scale cruise disasters aren’t likely to delay bookings for long.