Analyst Says Cruise Prices Have Not Fallen After Costa Accident
By Travel Weekly
Updated: February 02, 2017
Travel Weekly | UBS Investment Research analyst Robin Farley noted Jan. 24 that cruise fares have held steady or slightly increased since the start of the year, despite the crash of the Costa Concordia.
UBS had forecasted that prices would take a hit as a result of the accident.
“Although we expected that a strong start to Wave season would likely be derailed by the accident in Italy, said Farley, ticket prices appear to be up as much as 1% since the start of the year, according to the UBS Cruise Data Tracker.