Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.

Cruise lines market plenty of glamorous experiences that seem aimed at big spenders. A 5-star treatment on a cruise feels out of reach when you’re working with the average holiday budget.
In reality, many cruise goers aren’t necessarily rolling in money. They’re just clued up. And more often than not, they’ve taken advantage of something called the “Empty Cabin Theory”.
You know how supermarkets mark down fresh foods closer to their expiry dates? Cruise lines do something similar. Only this time, instead of selling “two-for-one” mange tout, they lower fares on any cabins that haven’t sold as the departure date gets closer.
This practice is known as the Empty Cabin Theory.
Once the ship leaves port, those empty rooms bring in no money. So, to avoid sailing with vacant rooms, cruise companies drop prices at the last minute to fill the gaps.
Why? Because a discounted passenger is better than no passenger at all, especially when you factor in the revenue losses from onboard spending and day trips.
For flexible travellers, hunting for last-minute cruises is the ultimate way to enjoy a premium suite for a fraction of the brochure price.
While most cruises are booked in advance, not every trip is sold out. People cancel, certain routes don’t sell as well as expected, or sometimes demand is low.
To avoid this, cruise lines use several tactics to keep losses to a minimum:
Sometimes, guests are even moved from lower-category cabins into better rooms so ships can balance occupancy across decks. It’s not guaranteed, but it does happen. And when it does, it feels like you’ve hit the “5-for-2” holiday lottery.
Flexibility really is everything here. The more open-minded you are about destinations and departure dates, the easier it will be to find a good deal. Picky travellers will find their choices very limited.
To get the ball rolling, start by checking out deal-focused websites and signing up for email lists from major cruise lines. Be prepared to act fast when a deal lands, as the good ones don’t hang around for long.
Another thing to consider is how you’ll get to and from the port. A cheap cruise can quickly lose its appeal if you end up paying a fortune for last-minute flights. Choosing nearby ports (like Southampton or Liverpool, for example) helps keep overall costs under control.
Next, make sure your basics are covered. Check that your passport is valid (at least six months) and your packing essentials are ready. There’s nothing that dampens those holiday vibes more than scrambling for last-minute items under the wire (or realising your passport expired the day before yesterday!)
Timing matters too. School holidays and festive periods rarely see big markdowns. Shoulder seasons, on the other hand, are typically where you’ll get the most savings.
The Empty Cabin Theory is one of the simplest ways to enjoy a 5-star holiday without the luxury price tag. With a bit of patience and flexibility, holiday cruising is more affordable than most realise.
So, keep your passport handy and your schedule loose. That 5-star treatment could be just a few clicks away.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.