You knew it had to happen, and it has! Fuel surcharges have hit the cruise industry. The Carnival family announced a $5 per person surcharge recently, and was quickly followed by Regent Seven Seas $7.50 announcement. At last week's meeting with our Royal Caribbean district sales manager Mike Francis, no mention of a hike on their products was made. But, I'm sure that they will or already have imposed a surcharge as well. When a cruise line budgets $60 per barrel on a product that gets inches per gallon mileage, a cost increase of 50% per barrel can not be absorbed.
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