Businessweek

High Hotel Rates Got You Down? A Boat May Be Better Value

Make your money go further and take to the water.

The Kairós yacht can be chartered for Croatian adventures through Sailing-Classics.

Source: Sailing Classics

Hotel rates in Europe have jumped 50% since 2019, according to market researcher CoStar Group, but one place where pricing is relatively stable—even if your footing isn’t—is on a boat. The cost of a cruise can be a steal when you consider it also includes meals and entertainment.

Ironically, the more luxurious the cruise, the more value you can extract. Seabourn’s 600-passenger Encore (seven-night sailings from $3,999 per person) includes unlimited caviar and Champagne on trips to small ports such as the ancient Greek town of Monemvasia, typically accessible only to yachts. Regent Seven Seas Cruises redefines the meaning of “all-inclusive” by covering round-trip business-class airfare from 29 US and Canadian cities to the port. That alone could make a seven-night sailing between Athens and Istanbul on the 698-passenger Seven Seas Voyager (from $8,999 per person) worth every penny.