With many airlines expected to reduce capacity later this year, consumers are likely to see price increases as early as this fall. Those who want to take advantage of the abundance of travel deals should do so this summer. Travelocity’s most recent data report shows average domestic airfare is $299, down 17 percent from last summer, and the average price of hotels is $142 per night, a decrease of 14 percent. For a family of four, that represents a combined savings of $374 on accommodations and airfare for an average six-night domestic summer vacation.
Similarly, with both average international hotel rates ($197) and airfare ($690) down 14 percent compared to last year, a family of four can save an average of $847 on airfare and hotel for the typical 13-night international vacation. Because it’s such a tremendous value this summer, most international travelers are deviating from the norm and heading to Western Europe, which has managed to take share from the Caribbean. “Travelers have been spoiled by cheap travel options this year, and we’re seeing that trend continue into the summer season,” said Genevieve Shaw Brown, senior editor for Travelocity. “However, travelers should not expect these prices to last forever. With capacity cuts planned for the fall, now is the time to jump on current travel deals.”
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