After the Memorial Day holiday, the summer travel season has begun. To save on travel expenses that have skyrocketed due to the airline crisis and inflation, it is advantageous to postpone the schedule to the end of August and make a reservation 60 days before departure. Also, considering the recent strength of the dollar, going abroad rather than domestic may be a way to save money.
According to the US Travel Association on the 30th, 6 out of 10 Americans plan to travel this summer. This reflects the increased enthusiasm for travel due to the lifting of the pandemic. The problem is money. According to the association, this year’s summer vacation is expected to cost at least 25% and in the worst case 50% more than last year’s summer vacation. Several flights were canceled due to a serious shortage of manpower, which made ticket prices high, and various kinds of inflation caused the cost to rise.
In this regard, Christopher Elliott, manager of travel agency Elliott Confidential, said, “From airfare to various travel costs, it has risen to record levels.
Nevertheless, if you must go on a trip, the best itinerary is at the end of August. According to online travel agency Expedia, the average air ticket price in August is 5% lower than in June and 10% cheaper than in July. In particular, the two weeks at the end of August when school starts, and summer travel ends in some countries are the cheapest during the summer travel season. Since the air ticket price gets cheaper as the year goes on, if you are traveling alone or as a couple, it is better to postpone the trip than to leave during the peak season.
The timing of booking is also important if you want to save on air ticket prices. Many travelers, including Koreans, think that it will be cheaper to book air tickets early, but this is not the case. Christie Hudson, manager at Expedia, said, “If you book at about a month plus two weeks ahead of your travel date, you are more likely to get the best price. You will pay the fee.” In addition, if you have decided on a specific destination, using various flight search engines such as Skyscanner to receive price notifications will help you find the best ticket.
For Korean travelers who have considered traveling domestically and are surprised by the high cost, changing their destination abroad may be a good option. This is because spending money abroad is cheaper than spending it domestically in a situation where the dollar is strong due to the recent Federal Reserve (FRB) rate hike.
Summer Hull, manager of PointsGuy, a travel online company, said, “It is very advantageous to travel to Europe considering the weak euro.
