'Expensive in every way': What travelers should expect this summer (2024)

Summer travel in 2024 will be "expensive in every way," said Katharine Nohr. And she should know.

She's planning a two-week adventure to Europe in June, which starts with a marathon flight from Honolulu to Zurich, where she'll speak at a conference. Then, she's hopscotching across Europe – to Vienna, then on to the Olympics. Nohr made plans to be in Nantes, France, to watch a soccer game, in Lille for basketball, and in Paris for gymnastics, boxing, and swimming.

Check outElliott Confidential,the newsletter the travel industry doesn't want you to read. Each issue is filled with breaking news, deep insights, and exclusive strategies for becoming a better traveler. But don't tell anyone!

All told, it'll set her back five figures despite her best efforts, which include flying economy class and staying in the lowest-priced hotels.

"The trip is pricey, even with my efforts to economize," said Nohr, an attorney from Honolulu. "But it's a once-in-my-life adventure."

Flying cars are coming!Here's how they could change the way you travel.

'Flying feels different':Here's how air travel has changed recently

Summer travelers are pursuing exciting, expensive vacations

Nohr is part of a wave of travelers who are making big plans for this summer. The itineraries are exciting – and expensive.

Pretty much every barometer of travel intent is up for the summer travel season. Inflation and unemployment are low, and consumer sentiment and curiosity are high, fueling an unprecedented interest in travel during the summer of 2024.

"Bookings are rising," said Susan Sherren, who runs Couture Trips, a travel agency. "Unfortunately, hotel, tour, and air prices are not falling. So, if you plan on hitting the road this summer, make sure you are willing to splash some cash."

Travel companies say they're overwhelmed with summer reservations.

"The travel economy is booming," said Joe Ialacci, owner of Yacht Hampton Boating Club, a company that rents yachts in Sag Harbor, New York. He's seeing a 40% increase in rentals this summer compared to last year as Americans shift some of their vacation dollars to domestic destinations.

Prices aren't the only thing trending higher. People's expectations for their summer vacation are also higher than at any time since the pandemic, said Sangeeta Sadarangani, CEO of Crossing, a multinational travel agency headquartered in London.

"They're embracing the unknown," she said.

And one of the great unknowns is travel prices. How much higher will they be?

'Expensive in every way': What travelers should expect this summer (1)

What will prices be like this summer?

It depends on where you're going. There's good news if you're traveling within the U.S.: flights and hotels are a little less expensive than last summer. But they're rising elsewhere. Here's the breakdown:

  • Airfares are mixed. Domestic roundtrip airfares for summer will peak at $315 per ticket, according to the travel platform Hopper. Flights to Europe are cheaper, too. They've fallen 10% from last year to $882. But flights to South America are up 2% and flights to Canada have risen 7%. You'll pay an average of $708 to fly south of the border and $419 to head north.
  • U.S. hotel rates are down. Domestically, they're about the same as last year at an average of $206 per night.
  • Car rental prices are rising. Average domestic car rental rates are only up 3% this summer to $42 per day on a four-day rental, according to Hopper.

But you can avoid the high prices with a little strategic planning, experts say.

What to avoid this summer

American travelers are becoming more predictable in their summer vacation choices, said John Lovell, president of Travel Leaders Group. Immediately after the pandemic, they embarked on "revenge" vacations to far-flung locations. Now they're returning to more conventional vacations.

"We continue to see U.S. travelers heading back to the more traditional locations across Europe this year, like London, Rome, Athens and Munich," he said.

There are places that will be exceptionally busy – and exceptionally pricey – this summer.

  • Paris during the Olympics. The Olympic Games are taking place in Paris this summer. Rooms are more than double the normal rates. which is typical of the Olympics. Paris is already crowded with tourists during the summer, so you can probably imagine what it will be like with the Olympics. Zut, alors!
  • Taylor Swift is touring Europe this summer. Prices will be higher and the crowds will be denser. "If you aren't planning to attend one of her concerts, I recommend planning around those European cities when she's there," said Betsy Ball, co-founder of Euro Travel Coach. (Want to know if your schedules overlap? Here's Taylor Swift's concert schedule.)
  • Other big summer events. Even if you steer clear of Taylor and the Olympics, you're still not out of the woods. There's the UEFA Euro 2024 football tournament in Germany in June. There's the Tour de France in July, which begins in Florence and finishes in Nice. France is also hosting the Paralympic Games in August and September, which will take place in Paris, Nice, Marseille and Bordeaux.

Air travel smells worsethan ever. Here's how to fix it.

Pay less to fly:New strategies for finding cheap airfares now

When is the best time to book a 2024 summer vacation?

Since this is going to be a busy one, the sooner you book, the better. Hopper recommends buying your airfare two to three months before your departure for domestic flights, and for international – well, it's probably too late to get that rock-bottom fare. If you're reading this in April, you can still find something for late August or early September, according to its airfare experts.

As always, you can save money by booking a flight for midweek instead of on the weekend – and, of course, by keeping far, far away from the big travel holidays like Memorial Day, the Fourth of July and Labor Day.

Also, if you're going overseas, remember their holiday calendar is different. For example, half of Europe shuts down during August for summer vacation. It's worth a look-up, otherwise, you could face some real disappointments.

Strategies for traveling better during the summer

One tactic that consistently works is splitting your getaway into two sections. Take that required summer vacation with your family somewhere less expensive during the high season. Then, wait until shoulder season for the big trip.

That's what Ross Copas, a retired electrician from Tweed, Canada, is doing during the summer of 2024. It's a road trip across the northern U.S. by motorcycle – New York to Washington State, and then back east through Canada.

Then he's heading to Amsterdam in September for a 23-day European river cruise. He said the late summer getaway will be costly, but he doubts fares will fall anytime soon. "So price be damned," he added.

Actually, that's pretty smart. I took the same cruise he's planning on Viking River Cruises many years ago, and it was worth every penny.

With hotel rates rising in some places this summer, this is the right time to consider alternatives. Monica Fish, a writer from Glen Rock, N.J., is headed to Ireland to catch one of Taylor Swift's performances. She said hotel rooms in Dublin are overpriced if they're even available. But Fish found an affordable vacation rental.

"We just had to book it farther in advance than we normally would," she said.

Go ahead, follow the crowds this summer

I think it's fine to follow the crowds this summer. I'll be doing it. I'm planning to rent an apartment for a month in Switzerland with Blueground, a long-term apartment rental company. Then I'm crashing on a friend's sofa in Spain, then heading to Sweden to see other friends and visiting my brother in Finland. Yes, travel writers know people everywhere.

But don't follow the crowds off a cliff. There are places even I won't go. I might take the four-hour train trip from Zurich to Paris in June to check out my favorite patisseries, but I wouldn't go anywhere near the City of Lights during the summer games in July unless I made a reservation a long time ago.

And Taylor Swift? Puh-leeze. I'm more of a jazz guy.

Christopher Elliottis an author, consumer advocate, and journalist. He foundedElliott Advocacy, a nonprofit organization that helps solve consumer problems. He publishesElliott Confidential, a travel newsletter, and theElliott Report, a news site about customer service. If you need help with a consumer problem, you canreach him hereor email him atchris@elliott.org.

'Expensive in every way': What travelers should expect this summer (2024)

FAQs

What makes traveling so expensive? ›

Travel prices have increased for many of the same reasons that have affected other industries: inflation, rising labor costs, supply chain issues and debt service rates. But travelers' unflinching willingness to pay the new rates means the “old” prices for a five-star holiday may be a thing of the past.

How many people are expected to travel this summer? ›

According to a newly released study from The Vacationer, 82% of Americans plan to travel this summer. That's more than 212 million American adults. Of those 212 million adults, 134 million Americans will be flying, and 196 million people will be taking road trips.

Why is America so expensive for tourists? ›

Attraction admission prices, expensive hotels and a higher cost of living still combine to make a trip to the States a pricey proposition. As the third most expensive city to live in the world according to Forbes (after joint winners Singapore and Zurich), New York makes for a particularly eye-watering break.

Why do people travel more in the summer? ›

The nice warmth of the summer months allows just about any vacation activities without weather-based interruptions. You can plan just about anything without fear of extreme cold or snow getting in the way.

Why are flights so expensive this summer? ›

It's also a story of simple supply and demand—people want to travel in the summer. While, yes, airplane production has slowed down, fleet sizes are still increasing—in other words, airlines now have more planes than they did last year. However, demand for travel is still higher in the summer months.

Has traveling become more expensive? ›

Whether it is the cost of staying in a hotel or an Airbnb (ABNB) , gas for the car, or airplane fuel and tickets, the cost of many aspects of the travel experience rose in double digits in the past two years.

Are people traveling a lot this summer? ›

According to the survey, nearly 82% of Americans plan to travel this summer, which could be more than 212 million adults throughout the season. This number is down from summer 2023, with 3% fewer people intending to travel at least once this summer.

Are people traveling this summer? ›

A little over half of U.S. adults are planning a summer vacation this year. That 53 percent includes 36 percent planning for domestic travel, 15 percent for an international trip and 12 percent for a staycation. Some people who plan to travel this summer are willing to go into debt for it.

Are people taking vacations this summer? ›

The days are getting longer and hotter, and millions of Americans are making plans for summer vacation. According to NerdWallet's annual summer travel survey, nearly half of Americans (45%) plan to take a trip that requires a flight or hotel stay this summer, and they'll spend $3,594, on average, on these expenses.

Is America cheaper to live? ›

While life in the UK generally is cheaper than in the US, the US offers more affordable public transport, petrol, and vehicles.

Is the USA cheap to travel? ›

Small towns are typically quite affordable, with mom-and-pop motels and restaurants keeping their prices low. Popular metropolitan areas like New York City, Washington, DC, and San Francisco, however, are famously pricey, and hotels, restaurants and museums work hard to lighten your bank account.

How expensive is it to travel? ›

Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936. Inflation is on the rise, affecting how Americans choose to spend their money. However, increased costs don't seem to be getting in the way of Americans' travel plans for 2024.

Is it more expensive to travel in summer? ›

Round-trip flights within the U.S. are averaging $290 in April, but prices are expected to rise in the months ahead. Hopper's data shows prices for domestic flights will peak between May and June at $315 on average, then will gradually fall through the summer, reaching a low of $264 on average in September.

How can I travel healthy in summer? ›

Wear loose, lightweight, light-colored clothing. Plan outdoor activities during cooler parts of the day. Rest often and try to stay in the shade when outdoors. If you will be doing strenuous activities in the heat such as hiking or biking, try to adjust before you travel by exercising 1 hour per day in the heat.

Why is summer vacation the best? ›

The most important reason that summer vacation is the best time of the year is that you get to spend time with family and friends. For example, you can go over your friends house and go to the pool or play soccer in their backyard.

How much money do you realistically need to travel? ›

The average vacation for one person in the United States costs about $1,986 per week. A vacation for two people will typically cost around $3,971 per week.

What is the most expensive part of Travelling? ›

Plane flights are the most expensive, whereas bus travel is extremely cheap. If you really want to keep your budget low, limit your flights and fill in the gaps with bus and train travel. But remember, you get what you pay for.

Is travel going to get cheaper? ›

Last year's high traveler volume has prompted airlines to increase flight schedules to other parts of the world. Inflation has hit most of the economy, but that's hardly the case with airfare. Not only are airfares down 6% year-over-year based on January 2024 prices, but they're even down 15% versus a decade ago.

Will travel costs come down? ›

According to the American Express Global Business Travel Air Monitor 2024 report, prices on certain international routes may drop as much as 12%. Here's how AmEx GBT anticipates average economy airfares will change in 2024 versus 2023, for a sampling of regions: South America to North America: Drop by 11.9%.

Top Articles
Latest Posts
Article information

Author: Errol Quitzon

Last Updated:

Views: 6112

Rating: 4.9 / 5 (59 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Errol Quitzon

Birthday: 1993-04-02

Address: 70604 Haley Lane, Port Weldonside, TN 99233-0942

Phone: +9665282866296

Job: Product Retail Agent

Hobby: Computer programming, Horseback riding, Hooping, Dance, Ice skating, Backpacking, Rafting

Introduction: My name is Errol Quitzon, I am a fair, cute, fancy, clean, attractive, sparkling, kind person who loves writing and wants to share my knowledge and understanding with you.