Royal Caribbean Cruises have been recommended as an affordable alternative for US travellers this year.
The falling value of the dollar against the euro has hiked up the price of holidays for wannabe tourists, but Miami banker David Schwartz, head of Florida's International Bankers Association, came up with a creative solution, according to the News Tribune.
Mr Schwartz tells the newspaper: "We booked a European cruise, and we were fortunate."
"A decent hotel is 300 euros (£237) a night, over $450 a night," he adds.
Their choice of the variety of
Royal Caribbean Cruises available will see the family take in the sights of Barcelona, Spain, this year.
Taking a cruise, such as those offered by
Royal Caribbean Cruises - has become a popular choice, with a greater number of US travellers turning to the luxury option in the current economic climate, the newspaper asserts.
Royal Caribbean Cruises recently announced plans to send one of its most popular ships - the 137,000-tonne
Mariner of the Seas - to Los Angeles in 2009.