Cruise vacations in the past year have emerged as a popular option among consumers in search of cheaper ways to travel, but U.S. cruise companies are signaling that itineraries will get costlier in the coming months. After discounting aggressively following years of COVID-era testing requirements and restrictions, cruise operators such as Royal Caribbean Cruises (RCL.N) and Carnival Corp (CCL.N) are looking to raise prices as occupancy levels approach pre-pandemic levels. Cruise vacations before the onset of the pandemic were on average 15% to 20% cheaper than a land-based vacation, Truist hotel and cruise analyst Patrick Scholes said. That gap has widened to 50%, he added. "(We are) working hard to close the outrageous and unwarranted 25% to 50% value gap to land-based offer...
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