The Royal-class ships—Royal Princess and Princess Royal—are the newest and largest in the Alaska fleet. They carry around 3,600 passengers. They have more cabin categories, more dining venues, more deck space per person than the older ships, but they also have more people. If you're a liveaboard planning to spend six weeks in Alaska, you will see the same faces in the dining room every night. The advantage of the Royal-class ships is that they have more variety in accommodations. If you're booking a long season, you have more cabin types to choose from, including some of the newer balcony configurations. The disadvantage is price. These ships command higher per-night rates because they're newer and because they carry more passengers, which means higher occupancy and less negotiating room on last-minute pricing.
The Grand-class ships—Grand Princess and Sapphire Princess—are older but still substantial, carrying around 2,600 passengers. They've been in service longer, which means the cabins are smaller and the layouts are more dated, but the per-night cost is lower. If you're budgeting for a long season, the difference between a Royal-class ship at $200 per night and a Grand-class ship at $140 per night adds up fast. Over a six-week season, that's $2,520 in savings. The Grand-class ships also visit some ports that the mega-ships can't access because of draft and size restrictions, though Princess has been consolidating itineraries in recent years.
The Island Princess is the outlier. It's smaller—around 1,970 passengers—and older, which means it's the cheapest option per night. It also visits the most remote ports and has the most flexible itineraries because it can go where the bigger ships can't. If you're serious about seeing Alaska and not just cruising past it, the Island Princess is worth considering. The trade-off is that the ship itself is dated. The cabins are smaller, the public spaces are more cramped, and the dining room is smaller, which means you're more likely to get a seating time you don't want or to eat at off-peak hours.
The actual cost difference matters when you're planning a season. A Royal-class ship might run $180 to $250 per night depending on season and cabin type. A Grand-class ship runs $120 to $180. The Island Princess runs $100 to $150. Those are approximations based on what Princess has published, but the spread is real. If you're booking a 12-week season, you're looking at a potential difference of $8,000 to $15,000 depending on which ship you choose.
Itineraries vary by ship too. The mega-ships run the standard Inside Passage loop—Ketchikan, Juneau, Glacier Bay, Sitka, and back to Seattle or Vancouver. The smaller ships sometimes add Haines or Skagway or run different routing. If you have a specific port you want to spend time in, check the actual itinerary before you book. Princess publishes these on their website by ship name, not by ship class.
Cabin availability is another practical consideration. The mega-ships have more cabins, which sounds good until you realize that means more competition for the best rates and more difficulty getting a last-minute upgrade. The smaller ships have fewer cabins, which means less inventory to negotiate with but also less chance of finding exactly what you want if you're booking late. If you're planning a season six months out, the mega-ships give you more options. If you're booking 30 days out hoping for a distressed price, the smaller ships sometimes have better luck because they have less occupancy pressure.
One thing that doesn't vary much by ship: the onboard experience. Princess runs the same dining program, the same activities, the same shore excursion catalog on all its Alaska ships. You're not getting a fundamentally different cruise experience on the Island Princess versus the Royal Princess. You're getting the same cruise with fewer people, older cabins, and a lower price, or more people, newer cabins, and a higher price.
The real decision comes down to three things: budget, port access, and crowd tolerance. If you're spending three months in Alaska and you want to minimize cost, the Island Princess or a Grand-class ship makes sense. If you want newer cabins and more onboard variety and you can afford it, the Royal-class ships are worth the premium. If you have a specific port or itinerary in mind, check which ships actually visit it. Don't assume all Princess Alaska ships go everywhere. They don't.
One last thing: book through a travel agent who specializes in cruises, not directly with Princess. A good agent can often negotiate onboard credit or a cabin upgrade that Princess won't offer you directly, and they can alert you to last-minute pricing drops on specific ships. If you're committing to a long season, that relationship pays for itself.