Is booking a cruise late still a good idea to get a deal?
Booking a cruise at the last minute used to be one of the easiest ways to save money. However, with record-high cruising demand, booking a last-minute sailing might not be the best strategy for everyone.
Last-minute cruising refers to bookings made after the final payment deadline has passed. For most Royal Caribbean cruises, final payment date is 90 days before the sailing is scheduled to depart. When you book a cruise within this timeframe, you’ll usually need to pay for your cruise in its entirety at the time of booking.
You might think you are likely to snag a sweet deal with this strategy, but that’s not always the case anymore. Here’s why you might want to rethink booking last-minute cruises and whether these sailings are actually cheaper.
Are last-minute cruises in high demand?
You might have noticed that cruise prices have continued to rise in the last few years - and don’t expect the fares to lower in the near future. With cruising demand at record-high levels, it’s becoming harder to find last-minute cruises in general.
Earlier this year during the cruise line’s second-quarter earnings call, Royal Caribbean President and Chief Executive Officer, Jason Liberty, discussed the sky-high demand for cruising throughout 2024. He said, ”2024 bookings have consistently outpaced last year throughout the entire second quarter and into July, despite the fact that we have significantly fewer staterooms left to sell.”
With fewer staterooms to sell, Royal Caribbean is able to continuously sell cruises at higher prices. Liberty also hinted during the call that Royal Caribbean will continue to raise prices in 2025 with such high demand for cruising.
Royal Caribbean’s third-quarter 2024 earnings call specifically highlighted the rising prices of last-minute cruises. Reporting better-than-expected earnings in October 2024, Royal Caribbean attributed the strong quarter to vacationers booking last-minute cruises for a higher price.
Do cruise prices drop as the departure date approaches?
Last-minute cruising deals occur when cruise lines struggle to sell cabins for a particular sailing. If demand is low, cruise lines will drop prices to sell excess staterooms. To reduce unsold inventory, cruise lines might run flash sales and offer reduced pricing as the sail date approaches.
However, people are more interested than ever before to book cruises for their vacation. In the post-pandemic era of heightened travel spending, Royal Caribbean is selling more cabins over the years, often at higher prices. Basic economic principles show that prices rise as supply decreases and demand increases. Because of this, you’re less likely to find a good deal on a last-minute cruise.
In particular, Royal Caribbean's growing popularity has been propelled by the recent launch of Icon of the Seas. The revolutionary cruise ship is unlike anything Royal Caribbean has built before, leading to sold-out bookings and surging prices. We are seeing many itineraries for the brand-new Icon class ship being completely sold out for months in advance.
People are demonstrating how they are willing to pay higher prices for Royal Caribbean cruises. As a result, last-minute cruise deals have become much less common due to the surge in booking demand. With popular itineraries, you might not even have the option to book a particular sailing because cabins are filling up faster.
For example, I am booked on a cruise for April 2025 sailing on Anthem of the Seas from Singapore to Tokyo. Although this sailing is more than four months away, the remaining cabins were high-end suites that are selling for upwards of $10,000 per person!
How can I find last-minute cruise deals?
Although last-minute deals are far and few between, you can still find some reduced prices occasionally. But, you should expect to dig around for these last-minute deals, along with being extremely flexible with your plans.
First, look for last-minute deals right after final payment is due for a particular sailing. This is when already-booked cruisers will need to pay the entire balance of their reservation. If plans change, cruisers cancel their booking or might move to a different sailing.
Within about 30 days of final payment date, cruise lines have a better idea of passenger load to determine occupancy levels for a particular sailing. This is when last-minute deals begin to emerge. Cruise lines could continue to drop prices until the sail date approaches if cabins do not sell.
You’re more likely to find a last-minute deal during the offseason or shoulder season. Generally speaking, shoulder season includes sailing in off-peak months like September through November. This is when demand is lower and prices tend to drop as a result.
Depending on the destination, you might be able to find cheaper deals for the first and last sailings of a certain season, such as cruising to Alaska in late April and early October. For the Caribbean, check out peak hurricane season for last-minute deals after kids are back in school.
Less popular itineraries might be another good option to snag last-minute deals. For instance, repositioning cruises, along with transatlantic or transpacific crossings, could have more cabins to book at the last minute. These longer sailings with additional sea days typically see lower demand, making them ideal for last-minute bookings.
Also, Royal Caribbean’s website has a Last Minute Cruises page where you can look at sailings departing within the next few months. When clicking the “Book now” button, you can see a promotional offer applied to the search function with a “Promo Last Minute Deals” code applied.
In addition, Royal Caribbean also offers Going, Going, Gone deals on its website. These promotional offers are often last-minute sailings departing within the next few weeks or months. Either way, you’ll need to have major flexibility for the best outcome.
What else should I consider when booking a cruise last minute?
Last-minute cruising can be quite lucrative if your schedule allows for flexibility. If all the stars align and the right opportunity presents itself, you can save hundreds to thousands of dollars on a short notice cruise. However, you should consider a few things before booking a last-minute cruise.
One of the biggest perks of booking a last-minute cruise is knowing the certainty of your schedule, minimizing the risk of needing to change or cancel your reservation. When booking years in advance, it’s hard to know what unexpected circumstances could occur. Changing or cancelling your nonrefundable reservation could be expensive.
Speaking of expenses, you’ll want to consider how last-minute cruising limits the amount of financial planning you can do ahead of your vacation. Your budget should allow for spending hundreds to thousands of dollars to book the cruise within a short timeframe. If you want to book any add-ons, including onboard internet access, drink packages or specialty dining, you will want to account for these expenses as well.
Airfare is another consideration. Those who live within driving distance of cruise ports are in a better position to snag last-minute deals than those who need to book airfare. If you need to fly to a cruise port for a particular sailing, you’ll want to consider the cost of airfare as well.
Because last-minute airfare can be astronomical these days due to increased travel demand, your cheap cruise might be offset by expensive airfare. But, similar to last-minute cruising, lower demand routes could have reduced pricing.
Also, you should expect to have limited options for staterooms on a last-minute cruise. Leftover cabins can often be located in less desirable locations onboard, so you will need to anticipate having minimal stateroom choices. You might need to be fine with any stateroom, such as the very front of the ship with excessive motion or directly below the pool deck with screeching chairs early in the morning.
Additionally, keep in mind that your options for shore excursions may be limited. If you book a last-minute cruising, many travelers have likely already booked their excursions for the entire itinerary. This could leave you with very few options for tours within each port. However, if you are comfortable booking independent excursions, this factor might not be an issue for you.
Last-minute cruising can present logistical challenges too, such as needing to arrange pet care or securing time off work. Make sure you’ve confirmed your schedule allows for the last-minute itinerary before booking a non-refundable sailing.
Finally, ensure your travel documents are up-to-date and all necessary travel requirements can be met. Most countries require at least six months of passport validity while others might require a visa to visit. Vaccines could also be a consideration for more exotic itineraries in Africa, South America and Asia.
When should I avoid trying to book a last-minute cruise?
Booking a last-minute cruise is not for everyone. First, those on a tight budget should especially avoid last-minute cruising. Sailings are released years in advance, so this provides plenty of time to plan and budget appropriately for your vacation needs.
Also, you’ll want to avoid peak travel periods if you hope to find a last-minute cruise deal. This includes avoiding holidays, spring break and summer vacation. During these times, families tend to book early to align their vacations with school breaks, leaving fewer opportunities for last-minute availability.
Typically, there is higher demand for holiday sailings at Christmas, New Years, Easter and Thanksgiving. Summer months from June to August are usually considered peak vacation time for families when kids are not in school. Finally, spring break is usually in March for many, including college students. This is a popular time to go cruising, meaning you are less likely to find a last-minute deal.
Further, those looking to visit a specific destination or sail on a particular itinerary should not wait for a last-minute deal to book. Some unique itineraries are extremely popular and sell out months in advance. For this reason, destination-focused vacationers are not the best candidates for last-minute cruising.
Other reasons to avoid last-minute cruising would include group travel and accessibility needs. If a sailing has limited cabin options, it could be difficult for group travel to be successfully booked. Also, those needing accessibility accommodations might find limited stateroom options for accessible cabins.
Moreover, brand-new cruise ships will be especially difficult to find last-minute deals because of higher demand. For instance, the soon-to-debut Star of the Seas is seeing strong demand for bookings. This means you might not be able to find a last-minute deal on the latest Icon class ship for a while.
Special occasions or events should also be considered, such as anniversary trips or themed itineraries. You wouldn’t want to risk having a special occasion ruined because you are unable to find a last-minute itinerary. Similarly, themed sailings, such as Royal Caribbean's upcoming Solar Eclipse cruise in August 2026, often sell out far in advance.
Bottom Line: Is booking a last-minute cruise cheaper?
Although booking a last-minute cruise used to be quite lucrative, those days are long gone. With more people eager to cruise and fewer cabins to book, finding a last-minute cruise for a great price is becoming more difficult. In particular, Royal Caribbean’s skyrocketing demand continues to drive up prices, even for last-minute sailings.
Of course, this isn’t to say you can’t find a last-minute deal. Those with flexible schedules who can sail during off-peak times could save hundreds of dollars by booking last-minute. Less popular itineraries with low demand are the best option for last-minute savings.
However, last-minute booking isn’t the best option for everyone. There are many factors to consider when booking a last-minute cruise, such as airfare costs, limited excursion availability and fewer stateroom options. Those who are on a tight budget will likely benefit from booking their cruise far in advance, allowing time to pay off their sailing and even reprice if the cost goes down.
At the end of the day, if you are very flexible and simply want to get on a cruise ship, you could benefit from last-minute cruising.
