How Much Does A Cruise Ship Cost To Build & Operate? It's a lot!

Table Of Content

• Royal Caribbean Blog is your ultimate source for Royal Caribbean coverage.
• Shore excursions and tours in port
• How Much Is a Cruise: 10 Hidden Costs of Cruising and How to Save Money
• #3 - Harmony of the Seas Cost to Build
• #18 - Anthem of the Seas Cost to Build
• Additional Cruise Expenses to Consider
• How expensive are cruise ship refurbishments?

The green line depicts "cost in today's dollars." These figures were derived using an average inflation rate of 3.22%. It’s an exciting time to be a cruise passenger with some of the epic ships on the horizon – that will no doubt cost a pretty penny. On average, a cruise ship tends to last for around 30 years if properly maintained, and they will usually undergo some refurbishments or a refit during that time to keep them updated. A cruise ship will usually generate around $200 million to $300 million in revenue every year.

Royal Caribbean Blog is your ultimate source for Royal Caribbean coverage.

The ship called at Catalina Island, Cabo San Lucas and San Diego. Some people just get dropped off at the port by a friend or family member, so it costs them nothing. Others have to book a cross-country flight and a hotel stay the night before. Still, these figures should give you a good idea of the average cost of a cruise based on what others pay across different cruise companies. As we mentioned above, the cost of your specific cruise will vary.

Shore excursions and tours in port

Based on this estimate for the fourth quarter, we could guess the 2023 annual cost for cruise operating expenses will be around $7.84 billion. This would be an increase from an annual expense of $6.6 billion in 2022 and $6.1 billion in 2019. Of course, this is an estimate based on data given in the report from Royal Caribbean Group.

How Much Is a Cruise: 10 Hidden Costs of Cruising and How to Save Money

Onboard amenities are included in the price, but the luxurious extras like wine-tasting experiences or a balcony suite will require a fatter wallet. Other expenses not included in your cruise fare are shore excursions, specialty restaurants, Internet access and even room service charges on some ships. While it's A-okay to stick to what's included with your cruise fare, the truth is that most cruisers add on a few extras.

#3 - Harmony of the Seas Cost to Build

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The average cruise costs $237 per person per day, and that includes both fare and onboard spending. The data was compiled from Carnival Corp. & plc and Royal Caribbean Group earnings numbers to average what passengers typically spent last year. Many components factor into cruise ship construction costs. The bigger the ship and the more passengers it holds, the more money it will cost to build. Depending on the cabin class, the location, and the time of year, the typical cost of a 7-night cruise can range from $700 to over $2000 per person. This includes meals, entertainment, and use of the aforementioned wild and wonderful amenities.

#18 - Anthem of the Seas Cost to Build

Now as cruising resumes, they are focused on improving their balance sheets. Cruise lines have said repeatedly that demand is strong and onboard spending is at considerably higher levels than before the pause. Rates vary across cruise lines, but are usually around $15 per person, per day. So a couple traveling on a seven-day cruise will pay about $200 in gratuities.

This will allow us to get a general idea of how much Royal Caribbean spends annually for each ship based on capacity. Similar rates can be calculated for Celebrity Cruises and SilverSea. With little data available from Royal Caribbean Group, we can really only draw assumptions from the gross tonnage and capacity if we want to understand the cost of operating a single cruise ship.

The shopping district runs on an 80kW solar array costing $600,000. The overall cost of a cruise ship can exceed $1 billion. A 5% loan on $950 million (after a 5% down payment) will run about $47.5 million a year. Happily, this kind of financing is one of the strengths of Assets America®. Every cruise company needs to make money, and building ships is expensive.

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” consider the cost of cruise tickets, then add up all the add-ons and extras to get a more realistic total. Laundry and dry-cleaning charges on a cruise can be steep (approximately $3 to $7 to wash and press a shirt, for instance). Check to see if there is a self-service launderette, and use it. Typically, washing and drying one load of clothes comes to a reasonable price, though some lines offer complimentary self-service laundry. While many onboard activities are free, other special activities incur extra fees.

We've analyzed cruise lines to find how much a cruise ship costs based on multiple criteria. Below, you'll find a deep dive into cruise ships by cost. From the most expensive cruise ship in the world, to the cheapest. Fuel costs include the cost of buying the fuel, but also the cost of getting the fuel delivered to the ship and any costs involved with storing it. Fuel is expensive, and cruise ships spend huge amounts on it – more on that below. The newest ship in the Royal Caribbean fleet – Icon of the Seas – may become the most expensive cruise ship ever built.

From Oasis of the Seas to Symphony of the Seas, the average measurements are 1,181’ for length, 154’ for width, and 236’ in height. If you move down to luxury ships, the World Navigator by Atlas Cruises cost just $80 million. Celebrity's newest ship, Celebrity Beyond, entered service in April 2022 and cost $900 million. With mainstream lines line Royal Caribbean, Carnival, Norwegian, and MSC Cruises you can expect to have to pay extra for some amenities. On most 7-day sailings the cost of taxes and fees will range from $100 to $200 per person.

To make sure the incidentals don't break the bank for you, here are 10 things that will cost you extra onboard (and how to score them at a discount). In truth, "all-inclusive" is a term that really only applies to a handful of high-priced luxury cruises. Another famous example is the "Fun Ship 1.0" upgrades of all old Carnival Fantasy-class fleet - 8 ships, USD 250 million.

The cost to construct the new ship is estimated to be $213,000/berth costing $500 million – a more expensive cruise ship than the original. Alcoholic BeveragesDrinking is a big draw on a cruise ship. There’s lots of time spent on the ship and bars are abundant. You can either purchase drinks one by one (they run about $7 for a beer and $10 for a cocktail) or you can purchase a drink package what allows you to drink what you want for one set price. If you need help on estimating what you might spend on drinks on a cruise, you can try our Drink Package Calculator here. Some of the world's largest cruise ships will spend over $180,000 in fuel per day alone.

Time Your Spa Visits for Discounted DaysTake advantage of spa discounts, typically offered on embarkation and port days when the spa is less busy. Check your ship's daily program for spa treatment specials that might be available one day only or during certain hours. If you want the full cruise experience, you'll need to set aside some cash to cover these extra expenses.

After 2023, we can say that cruising is back with ships sailing at full capacity. If you fly in for your cruise, then you need to factor in your airfare. We also suggest anyone flying in to arrive the day before you sail and get a hotel room, just to avoid any delays that might cause you to miss your ship. Use Your Cruise Line App to Communicate with Fellow CruisersNew cruise line apps offer certain planning and communication services -- often for free or discounted rates -- when you're onboard. You may also see packages only meant for email and social media usage.