Princess Cruises Bets on Antarctic Demand with 2027-28 South America Season

  • Princess Cruises will offer six departures across four itineraries in its 2027-28 South America season aboard the Majestic Princess.
  • The season, running from October 2027 to January 2028, includes a 37-day transatlantic voyage from Southampton to San Antonio.
  • Itineraries feature overnight stays in Buenos Aires, late-night port calls, and access to 15 UNESCO World Heritage Sites.
  • The Majestic Princess, with a capacity of 3,560 guests, will offer land-and-sea cruisetours to Machu Picchu and Iguazu Falls.

Princess Cruises' investment in South America, particularly the Antarctic Peninsula, signals a belief in the continued growth of experiential luxury travel. This move positions the company to capitalize on a niche market segment willing to pay a premium for unique itineraries, but also exposes them to risks associated with remote destinations and fluctuating consumer spending. The inclusion of land-based extensions like Machu Picchu and Iguazu Falls suggests a broader strategy to capture a larger share of the South American tourism market.

Demand Elasticity
The success of this expansion hinges on sustained consumer interest in high-end Antarctic cruises, which are sensitive to economic downturns and geopolitical instability.
Fuel Costs
Increased fuel costs could significantly impact profitability, especially given the long distances and extended itineraries involved in South American voyages.
Infrastructure
The ability to scale these offerings will depend on the availability of port infrastructure and shore excursion capacity in key destinations, potentially limiting growth.