How much have cruises been discounted this season?

In the current economic climate, nothing is certain, and many families are forced to make sacrifices. Two of the likeliest candidates to be cut out of the routine are home improvements and holiday excursions. The trick for today's consumers is knowing which options are still affordable (or in some cases, more affordable) in a recession. Cruises have been a stronghold of affordable travel for years now, with so many price tiers available that potential passengers from all walks of life are likely to find their niche. Recently, the ocean liner industry has seen such a dip in numbers that they've resorted to desperate measures. Many of the major liners have seen unrivalled short-term losses in the past quarter or two. Log onto any cruises website and you'll see that prices are unbelievably low now, as industry officials slash prices in a move to fill cabins and remain competitive. Of course, in some cases any indulgence at all is difficult to justify, and homeowners have been forced to cancel this year's travel plans altogether in order to see to home repairs or improvements.

Inside Q4 lounge

Inside Q4 lounge

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But the savviest people manage to do both, finding ways to save money on house work without scrimping on quality. One of the latest trends is garage conversion, where the attached garage is renovated and turned into additional living space. This is much more affordable than adding on an extra room, where the actual infrastructure has to be built before the finishing touches are added. Those who opt for this sort of construction work are liable to garner substantial savings which can be redirected into this year's outstanding holiday cruises. What's important to realize is that these holiday savings are not likely to last much longer. In many respects, dramatic price cuts have been part of an unprecedented financial experiment to see whether it makes more sense for ocean liners to boost capacity at extremely low prices or to maintain normal ticket prices and accept lower volume. One of the biggest problems with slashing prices has been the enormous boost in demand. Companies feel obligated to build new ships to meet the increasing numbers, but this sort of expansion isn't possible at current discounts. In any event, there has never been a better time to embark on discount cruises.

Grills wide sun deck

Grills wide sun deck

Those who opt entirely out of a holiday this year can still take advantage of tricks like garage conversion to boost savings at home. Then they can rest assured that they've tucked away a bit more than they planned this year, increasing their chances of taking a holiday next year. On the other hand, those who've managed to save enough to afford this year's cruises will find that the same amount of money they're used to spending affords more amenities this year. Lower-deck berths are exchanged for rooms with a veranda and view, and finer extras like a few complimentary drinks and hors d'oeuvres to get passengers in the mood to enjoy themselves. The hope is that a few complimentary touches will open the door to on-board spending, which is where these companies make most of their money to begin with.