Travel prices to keep rising in 2023

The new year will see fewer last-minute travel deals, and more higher prices

Jan 9, 2023

The upsurge in travel demand means that the days of booking a cheap flight or hotel room at the last minute may now be in the rearview mirror.

Key takeaways

  • With fewer seats available to book and strong demand, airfare will continue to be inflated until supply begins to outpace demand;
  • Prices for the top 5 most searched for international hotel destinations are all considerably higher than at this time last year;
  • Hotel prices in the US for 2023 check-ins are currently averaging $220 per night, a 60% increase from this time last year.

Get the full story at Yahoo News

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