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Do cruise prices fluctuate in the crazy fashion that airline tickets do?

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Do cruise prices fluctuate in the crazy fashion that airline tickets do?

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I just saw a travel-channel style show about cruises and it suggested to either book early (cruise lines love to have rooms booked a year in advance) or book late (cruise lines love to have the ship booked). It’s a gamble to wait as the ship may sell out, so YMMV with this knowledge.

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