Consumer spending on travel isn’t slowing down, and that's keeping airfare and hotel room prices high.
High prices for hotel rooms and airfare are to be expected this summer as demand to travel has not shown any signs of slowing down.
International and domestic flights are returning to levels seen before the pandemic, Delta Airlines CEO Ed Bastian said. Booking Holdings CEO Glenn Fogel said hotel prices in cities like New York and Miami are"expensive, but people are willing to spend it." Travel is showing no signs of cooling off this summer, as both demand and prices are expected to stay high.CEO Glenn Fogel said on"Squawk on the Street" last week."They got a lot of savings; they want to spend it."
Fogel, whose company operates several travel fare aggregators including Booking.com, Priceline.com, and Kayak.com, said the company saw a 26% increase in room nights in January compared to the same month in 2019. He also pointed to the TSA checkpoint travel numbers, which are now within a few percentage points compared to the number of travelers seen in 2019.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Delta Air Lines says you'll be paying more for airfare this summer✈️ Expect to pay more for your summer travel plans this year. Delta Air Lines reports summer flights are selling fast, with travelers booking in advance at a record high.
Consulte Mais informação »
What to know about planning and pricing as summer travel interest soarsWhat to know about planning and pricing for both domestic and international destinations as summer travel interest soars.
Consulte Mais informação »
Ways to save on summer travel as prices riseFinancial professor Dan Roccato says it's important to book your airfare well in advance. If you're flexible on your dates, you could save hundreds by booking on a Monday versus a Sunday.
Consulte Mais informação »
Breaking records: Experts say summer travel season is already heating upIt's only April, but summer travelers are already eager to take to the skies.
Consulte Mais informação »
Mobile among leaders in USA Today 10Best Summer Travel DestinationsIs Mobile the nation’s top summer travel destination? Many of USATODAY’s readers seem to think so, as the Port City is among the leaders in the newspaper’s poll to rank the 10Best Summer Travel Destinations for 2023. There's still time to vote. More:
Consulte Mais informação »
Travel tips: Why you shouldn't suck a cobra bite | CNNThe top travel news this week: 🦛 How to survive a hippo attack 🏕 Adventure doesn't have an age limit ✈️ What to do with an abandoned Boeing 👻 The group that bought a ghost village And much more 👇
Consulte Mais informação »