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November 20, 2008
Contrary to Popular Belief
Although over the past couple of months, it was estimated that with our economy's current downfall, that a large decline in travel was soon to occur,
this will no longer happen. Americans are doing whatever they can to insure that they spend time with their loved ones during the holiday season.
I personally will be flying to New York, since the trip is much more affordable than going back to California. I will be spending time with family, but not my immediate family, but with a price difference of almost $500, the price clearly outweighs the trip back home. Still, like most Americans, I will not be spending the holiday season alone.
There are many ways that Americans are taking action to make sure that they are still able to travel. One of these ways is to go through agents and buy last minute tickets. If there is an empty seat on the flight, the plane will still obviously fly, so in last-minute scenarios, airfare prices are going down. However, although fuel prices have declined, the average airfare price has risen 8%.
Many people have turned to all inclusive vacations, cruises, and other means of travel to avoid having to pay for the everyday costs that are incurred on vacation.
Some companies have realized this change in demand, and have begun to cater to a different type of consumer. My family is one of these families, so for the holiday season, although travel is expensive, we have employed the same all-inclusive cost cutting strategies that will hopefully pay off in the end.
As for the summer,
studies still show that it is less expensive to buy flights far in advance, so the earlier I can plan to travel abroad, the better chance I will have of being able to afford it.
Posted by amkruger at November 20, 2008 05:32 PM