Posted on May 23, 2021
It's not your imagination. Rising airfares and hotel rates are making vacations more expensive
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CNBC article on the rising cost of 2021 travel expenses based on gradual ending of COVID restrictions
It's not your imagination. Rising airfares and hotel rates are making vacations more expensive
Posted from cnbc.com
Vacation
Money
Travel
Posted 3 y ago
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LTC Eugene Chu
The number of people traveling again is on the rise. So are prices.
Airfares and hotel rates are climbing as travelers return in the highest numbers since the pandemic began, hitting beaches, mountains and visiting friends and family after a year of being cooped up.
Even the cost of a road trip is climbing as gasoline prices reach the highest levels since 2014.
The rock-bottom fares hit during the depths of the pandemic were largely in the rearview mirror earlier this spring. Now airlines and hotels are gearing up for a bustling summer, and a rise in bookings is driving up prices even more. Add to that airlines are not flying as much as they did pre-pandemic, so travelers can expect some full flights ahead.
The number of people traveling again is on the rise. So are prices.
Airfares and hotel rates are climbing as travelers return in the highest numbers since the pandemic began, hitting beaches, mountains and visiting friends and family after a year of being cooped up.
Even the cost of a road trip is climbing as gasoline prices reach the highest levels since 2014.
The rock-bottom fares hit during the depths of the pandemic were largely in the rearview mirror earlier this spring. Now airlines and hotels are gearing up for a bustling summer, and a rise in bookings is driving up prices even more. Add to that airlines are not flying as much as they did pre-pandemic, so travelers can expect some full flights ahead.
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hmmm
Americans pay more to travel, yet “unaccompanied minors” from the Southern Border travel for free...
Americans pay more to travel, yet “unaccompanied minors” from the Southern Border travel for free...
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