Summer travel in 2024 will be expensive in every way
Hotel, tour and air prices are not falling as companies are overwhelmed with summer reservations
Nearly every indicator of travel interest is on the rise for the upcoming summer travel season. With low inflation and unemployment rates, coupled with high consumer confidence and curiosity, there's a notable surge in enthusiasm for summer travel in 2024.
Key takeaways
- It's not just prices that are increasing; people's expectations for their summer vacations are also reaching new heights, surpassing levels seen since the pandemic;
- American travelers are showing a growing tendency to opt for traditional European destinations this year, such as London, Rome, Athens, and Munich.
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