Here’s a possible rewritten title: “Unlock Extra Savings of $500 or More when Booking Your Flight to Europe this Year”

Jose A. Bernat Bacete | Moment | Getty Images

Airfare to Europe hit an all-time high this summer. But those dissuaded by the sticker shock can still travel overseas in coming months and cut costs by perhaps hundreds of dollars a ticket.

Flying to Europe from the U.S. during the fall “shoulder season” — in September and October — instead of in the summer will save the average traveler $500 per round-trip ticket, according to data from Hopper, a travel app.

Europe is the most popular overseas destination for U.S. tourists this summer. But travelers to top European cities would save 34%, on average, by going in the fall instead of June, July or August, Hopper found.

More from Personal Finance:
Canceled or delayed flight? What to know about your rights
U.S. passport delays may be months long
Travel to Europe is no longer a ‘screaming, bargain-basement’ deal

Consider these examples: Airfare to Rome is $1,284, on average, this summer. It’s $736 this fall, a 43% reduction, or $548 of savings per ticket.

Likewise, those venturing to London would pay $693 in the fall, 32% less than summer’s $1,025. In Barcelona, visitors would fly for $757 in the fall versus $1,193 in summer, a 37% savings.

“There is some good news in sight,” Hayley Berg, Hopper’s lead economist, said of prices.

Shoulder season travel is typically less expensive

Shoulder season is generally a less expensive time to travel. But the savings may be especially noteworthy to prospective buyers due to recent nosebleed costs, experts said.

The price dynamic is guided by supply and demand: Fewer people typically travel in the fall, as kids return to school, for example.

That also means not everyone — like families with kids, or workers like teachers whose vacations revolve around summer months — may be able to take advantage of a bargain.  

But those who can travel during the shoulder season would likely get a better overall experience due to milder weather and reduced crowds, said Sally French, a travel expert at NerdWallet.

Why international travel costs are so high

Tourists and locals at the crowded El Postiguet Beach in Alicante, Spain, on July 9, 2023.

Marcos Del Mazo | Lightrocket | Getty Images

The Coliseum at sunrise in Rome, Italy.

Alexander Spatari | Moment | Getty Images

As a result, summer 2023 is the most expensive time on record to travel to Europe, Hopper said. The average ticket costs about $1,200 — eclipsing the previous high in 2018 by $50 a ticket.

In Asia, the No. 2 most-popular destination for Americans, average prices are 64% higher than pre-pandemic levels, Berg said.

And it’s not just airfare: Staying at a European hotel this summer costs $205 a night, a 37% increase from last year. Cities like Rome and Madrid have seen prices jump by 63% and 41%, respectively, over last year, Hopper said.

Transportation Secretary Pete Buttigieg on summer air travel delays, impact of infrastructure bill

Price doesn’t seem to have dissuaded travelers, in the aggregate, from travel abroad, however.

That makes sense from a money standpoint: The typical American tourist going abroad tends to be wealthier (with an average household income of $110,000 relative to $83,000 for all travelers) and much more optimistic about their personal finances — spilling over into a greater willingness to spend on leisure travel, according to a recent poll by Destination Analysts, a tourism market research firm.

Other travel tips to scout a good deal

Senja island, Norway.

Roberto Moiola / Sysaworld | Moment | Getty Images

<

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Swift Telecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – swifttelecast.com. The content will be deleted within 24 hours.

Leave a Comment