Airfares, gas and hotel prices were up this summer—Americans traveled anyway
If the fall travel season looks anything like the summer, costs for flights, hotels and gas will be higher and Americans will still find money for vacations.
TL;DR
- Nearly half of travelers surveyed said a 25% cost increase would make them change plans, but 55% of U.S. summer travelers made no changes.
- Travelers are adjusting their budgets in other areas, such as retail shopping and dining out, to accommodate vacation costs.
- Some travelers are cutting back on savings or investing to afford their trips, prioritizing current comfort over future financial rewards.
- Fall travel is also expected to be more expensive, with higher prices for domestic flights and lodging compared to the summer.
- While international fall travel may offer some savings, discounts are generally smaller than in previous years.