Business: Cruise ship prices dropped as inflation rises

image
Photo credit Getty

Possible issues ahead for the major cruise lines. New analysis from Bank of America found Royal Caribbean, Norwegian, and Carnival all saw a decrease in prices from May to June. The firm thinks it’s a sign the demand for cruise vacations is weakening amid high inflation and the ongoing COVID pandemic.

A hearing is set for tonight on the controversial proposal to bring new condominiums to the West End on the New Orleans lakefront. Area businesses and residents are concerned the new buildings would bring new concerns about flooding. The developer has decreased the proposed condo from 15-stories to 6.
But even still, locals are worried it would narrow the flow of water in the nearby canal, increasing the potential for flooding.

Featured Image Photo Credit: Getty