If you missed the bargains that flooded the travel market during the height of the COVID-19 pandemic, you may get a second chance to cash in.
With businesses continuing to keep employees at home, airlines are scrambling to boost their bottom line during the slower fall travel season. That means fares should sink lower than they were in the fall of 2019, according to a Business Insider report.
If you want the very best deals, you need to act fast. September is likely to be the cheapest month for fares, travel data company Hopper tells Business Insider. Fares could dip by 10%, to an average of $260 for a domestic round-trip.
In recent weeks, travel demand has begun to soften. The federal Transportation Security Administration reported that it screened about 1.35 million people on Aug. 31, the fewest since May 11. Several airlines noted in August that bookings are down largely due to renewed fears about COVID-19’s delta variant.
However, don’t expect the recent price breaks to last through the holidays. Hopper expects fares to rise 11% between September and December. As Hopper told Business Insider:
“This would make domestic airfare over the holiday season equivalent to summer airfare, similar to what we saw in 2019 and 2020.”
How to save on your next trip
If you are looking for a great deal on travel during the fall — or any other time of year — try Money Talks News’ partner ShermansTravel. This website lets you shop by criteria such as deals, destinations or interests.
For more travel tips, check out “18 Ways Save on Every Kind of Travel.”
Add a Comment
Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.