Brexit impact on pricing

Carnival off about 9% premarket. Whats interesting is that discounting emails from SB and SS etc have been hitting inboxes for the last two weeks. There will be more suites to fill as trips have become 8% more expensive buying in UKpounds and 4% in Euros . Should get interesting.

Can you tell me when exactly Seabourn will raise its GBP and EUR prices?

And can you comment on how that works with the hedging Seabourn may well have done regarding the anticipated revenues from those 2 markets?

That will help clarify what Seabourn may and may not do this year.

Happy and healthy sailing!

Their pricing strategy is above my pay grade. My comment was basically that they have been sending promotional emails before this event and as new inventory is coming on line for all these carriers.

Hmm, if anyone has a crystal ball that can provide the answers to this, please run it past the UK government, the Bank of England, the EU council and the EMF a.s.a.p. please, just for starters, as none of them seem to have a clue what might happen. Any pointers, even this specialised, would surely be appreciated.;)

If a US client uses a UK travel agency to book his/her Seabourn cruise, isn't he/she paying the day's exchange rate for the cruise?

If so it would behoove all of us to pay for cruises today while the exchange rate is more favorable for US citizens.

Or am I missing something?

If you pay today a UK travel agent with a USD credit card, you pay at the rate the cc charges. That's it.

Of course, if you do so and the Sterling drops further vs the USD then you might kick yourself. Or you might be smiling ear to ear through cruise check-in if later Sterling appreciates vs the USD a bit after the day you paid.

Then there is the chance that before you pay Seabourn raises Sterling prices for those who have not booked and paid because they want more Sterling to equal the USD price list and their USD costs. I have never seen them do this - maybe they hedge their receivables from what they expect to receive in non-USD currencies - but they can do whatever they like. We have seen them discount cruises that are not selling well enough, though. What they want is full ships at the highest prices they can get/ the market delivers to them. However they can get it e.g. now with a weak Sterling or later with discounts.

Happy and healthy sailing!

If you pay today a UK travel agent with a USD credit card, you pay at the rate the cc charges. That's it.

 

Don't understand the above. Am in the US and if I were to book with a UK TA, would be booking in Pounds even though I pay for charges in USD. And, the card I would use has no Foreign Transaction Fees and converts the Pounds to USD and the best conversion rate so again if I had booked and with the latest drop in the price of Pounds per USD, paying today could provide a better than 10% saving to me in my USD depending on the exchange rate on the day the credit card company ultimately charges my card and performs the conversion.

Thanks,

I don't know what you don't understand.

If you use a USD cc and the expense is in Sterling you get the rate the cc uses.

My cc's offer online reporting services and I can see the charge in my currency, the amount of the charge in the currency of invoice and the rate - in a day or 2 of using the card. I don't know the rate used and the amount charged until then but I do expect it to be a good rate.

Of course any other fees etc are under the control of your cc issuer but anyone who has used a cc for purchases in other currencies has seen them and the rates used if not online but in your mailed or online monthly statement.

Happy and healthy sailing!

SB has been discounting med cruises for months now.

I think it is more to do with the terrorism issues that have put of many americans from travelling to europe. Lots of heavy discounts for istanbul embarkations,which has been targeted recently.

Welcome to the world of a depreciating currency! We Canadians have been dealing with this for some time. Our dollar at one time was above par with the US $ and now the US dollar is a 30% premium. The result is that we are paying a lot more for our cruises. Even though Seabourn prices in Canadian $, they still add on most of the currency premium. So unless you get one of those discounted Med cruises, you will be paying through the nose at full price with the added currency premium.

i used to buy cruises in the UK until 1999 - in general those were far cheaper in the UK in those days

i remember my very first Cunard in 1990 was some 25 % cheaper in London - booked with a TA

for several years - around 2005 - Seabourn cruises were at least 15 % cheaper in the Us as in the euro zone

if you do have the time it is worth to search :D

The pricing Seabourn sets for the Eurozone has always been higher than that for the UK market during the past several years. That is why Europeans, Australians and others I know compare prices in the US and UK markets with what they can get at their home markets. You just do a conversion on your calculation and decide.

So if someone in the US finds a UK price now that in USD terms looks advantageous he or she might as well select it and pay for it while the going is good. Just fix and finalize the deal.

Simple as that.

Happy and healthy sailing!