As prices increase so does the value of a travel agent
I've been helping a client book a trip to France for the summer, and we first started talking about the trip several months ago. My client understood that prices were fluid, but he was surprised when he was ready to book because prices had gone up significantly. He asked me "what happened?!" Quite simply... inflation.
Airline fares have climbed by 10.7 percent on a monthly basis and are nearly 24 percent higher than last year, fuel costs are 48 percent higher since last year, hotel rooms almost 26 percent higher, and rental cars nearly 24 percent higher.
So what does this mean?
Don't expect to find the travel deals you used to see in 2018 and 2019. Demand remains high and cruise lines, airlines, and tour operators need to make up for losses suffered the last few years. They don't need to slash prices to encourage people to travel.
It's better to book early to get the best deals. I know that people are reluctant to do this because they're afraid that prices might go down over time, but this is rarely the case. Unless your trip is last minute, you should only have to pay a deposit with final payment (typically) due 30-90 days prior to departure.
Use a travel agent. While we can't do anything about the higher costs of air, hotels, etc., we are very good at knowing how to help our clients save money. My client traveling to France? I still saved him almost $2000. We can also typically help our clients if the price does go down after deposit - especially on cruises.
Restrictions are lifting, travel is normalizing, and the world is out there to explore. When you're ready to explore, we're here to help!