Exceptional Value of European Cruising

North Americans pay for their cruise vacations in advance in U.S. dollars, which provides a buffer for travelers against further fluctuations. In addition, 2008 cruise prices were calculated when the dollar was stronger; this means the cruise passenger already has a price advantage compared to current prices in Europe.

How do cruises compare to land-based vacations in Europe?
In Venice, a typical three-star hotel in July is approximately $200 per night, double occupancy, based on the current exchange rate. A typical four-star property is $450.

One of the best-known luxury hotels is $750 midweek and almost $2,000 on weekends. According to "Frommer's Travel Guide of Italy," the minimum price for a prix fixe dinner in Venice is approximately $30 per person, without wine.

For travelers who want to visit cities other than Venice, the Eurail Select Pass Saver, allowing unlimited travel by train for eight days to three bordering countries, costs $618 per person or $1,320 for a family of three. And, throughout Europe, a Value Added Tax, or VAT, on most purchases can be as high as 20 percent.

Using these average prices, CLIA calculates that an eight-day land-based vacation visiting three countries, including seven nights' double-occupancy accommodations in a three-star hotel, transportation and two meals per person per day, could total $3,116 per couple. An eight-day cruise on a premium cruise line visiting five countries can be found at approximately $2,000 per couple.