The cost of hotels, petrol, and higher inflation don’t seem to be discouraging travelers. Traveler numbers are rising even during the fourth quarter of the year, when they are typically at their lowest.
Particularly airlines anticipate strong business. Delta Airlines, for instance, just reported a third-quarter profit of $695 million and projects a larger-than-expected profit in the fourth quarter with revenue that will surpass pre-pandemic levels. Additionally, United Airlines recorded a strong third quarter.
That indicates that, even before Thanksgiving Day, the skies are full and the airlines are once again profitable.
This demand and more are reflected in holiday airfares: This year’s Thanksgiving week airfares cost an average of $468, which is an increase of over 50% from previous year. With a $574 average, Christmas expenses seem to be considerably more pricey. Up to those holidays, fares are increasing by roughly 4% every week.
This year and every year, the Thanksgiving holiday travel season is the busiest. Additionally, since Christmas this year occurs on a Sunday, more individuals will travel and begin their vacation up to 10 days in advance.
It will be pricey and congested, whether traveling by vehicle or air.
Taking your holiday celebration abroad is one way to vacation on the cheap. Currently, staterooms on more than 1,500 cruise ship itineraries average less than $100 per day, and cruise companies also provide discounts like shipboard credits and cost-free shore excursions.
Moving your own Thanksgiving celebration back a week to begin on the following Wednesday might help you save money if you have some holiday flexibility. This occurs in the travel business during one of two “dead weeks,” which are the week after Thanksgiving and the week after New Year’s. Since almost anybody is going, prices for hotels and airfares fall sharply, there is less traffic on the roads, and even the cost of renting a vehicle is reduced.
Aside from Presidents Day weekend, airfares are predicted to fall sharply in the first quarter of 2022 all the way up to Memorial Day if you don’t mind delaying your visit to family for a little while.