Apparently, yesterday Oceania announced some significant price reductions for their 2009-10 Winter Collection Oceania Winter Collection Promotion
and some 2009 European cruises Oceania Europe Promotion .

This means that the comparison I posted yesterday may need further adjustment, because my reading is that the promotion reduces the fare by $1000 per person. It is interesting to me that the new Oceania cruise fare with the promotion for the 2010 S. American itinerary is still higher than the price we had for our now canceled 2009 Oceania cruise. But I think the per diem for a PH3 on Oceania is now about $100 per person per day lower than an H on the Regent cruise, not making any adjustment for tips on Oceania or the costs of drinks.

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Eugene