Right now, value-seeking vacation buyers will find a wide choice of flights, cruises, and land-based vacations at rates equal to or lower than previous years. In the cruise industry where onboard revenue represents a significant portion of the overall profit picture, cruise lines are willing to reduce fare yields seasonally to ensure full occupancy.
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Will this trend continue or should the value-oriented traveler wait for the next round of price reductions? No one can predict the future with certainty, but the chances are better than 50/50 that with the election over and the weather turning cooler, prices will likely rise into 2009.
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