Will Carnival cut prices next year

The Miami-based company – which operates 88 ships across 11 lines, including Cunard and P&O – still expects to spend £400 million more on fuel this year than it did in the previous one, and that’s bad news for cruise passengers who can expect surcharges to rise

There are big questions about how strong consumer demand will be, with the looming recessions in America, Britain and Germany, which are Carnivals three big markets. Already there is evidence that onboard spending has dropped. Cruise operators have to ensure that their ships sail with every cabin full to make a profit and the fact that Carnival not cut prices so far is a sign of its confidence for the future – but when five new vessels launch next year, increasing capacity by nearly 10%, we might see some price cuts after all.