Demand for vacations is soaring this summer, but overall travel costs are cheaper than a year ago. Here's what to expect.
From backpackers to beachcombers and globe-trotters, about half of adult travelers expect to travel more this summer than last, according to a recent survey.
During the Fourth of July week alone AAA projects 70.9 million Americans will hit the road, up 5% from last year. A record number of Americans — 5.7 million — will also be leaving on a jet plane over the July holiday, per AAA. And fares are lower than last summer. Domestic airfare for the Fourth of July weekend is down 18% from last year, averaging $263 per ticket, according to Hopper’s
“This will save travelers an average of 32% or about $121 per ticket compared to the more popular Wednesday to Sunday trip,” she said. And the standard advice for fliers remains. “Travelers who fly in the middle of the week — Tuesday or Wednesday — can save an average of 18% or $51 per ticket on domestic airfare,” Berg said.
Entrance fees to places like the Eiffel Tower have soared. This month, an adult ticket to ride to the top of the tower will cost roughly $38, a 20% leap from last summer.Kerry Hannon is a Senior Columnist at Yahoo Finance.
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