The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
Good news for people in need of a little rest and relaxation after the long winter — Spring Break is going to cost a lot less in 2016 than it did last year.
The average airline ticket prices to big Spring Break destinations are down year over year, according to a new analysis by Expedia. This is true regarding all five of the most popular Spring Break domestic destinations:
Four of the five most popular international destinations also show significant year-over-year decreases as well:
Prices were up by 1% in the outlier — San Jose del Cabo, Mexico.
There’s a good chance you could get a good price on your hotel stay this year, too. The average daily rates of Puerto Rico, Panama City and Aruba hotels are down more than 5%, 15% and 10% respectively, year over year. New Orleans, Riviera Maya, Mexico and Miami also show lower average daily rates year over year, though their decreases are in the single-digits, according to the study.
The findings are based on Expedia.com bookings made between March 11-April 10, 2016 and March 1-April 12, 2015. (The site did not immediately respond to request for comment as to why the dates year over year were slightly different.) Popular Spring Break destinations are defined as markets that show higher demand in spring versus the rest of the year.
Prices could be down for a variety of reasons — “the price of oil, demand, weather, you name it,” Sarah Gavin, Expedia travel expert, said in a press release.
Of course, lower airfare and hotel rates don’t necessarily mean you should book a last-minute trip. You’ll need to be sure your budget can handle a vacation, first. And you may want to check your credit. High credit card balances caused by a sudden influx of travel expenses could drive your credit utilization up and hurt your credit score. (You can see where you currently stand by viewing your free credit report summary each month on Credit.com.)
If you do decide to get out of Dodge, you can keep the cost of your trip down by comparison shopping for deals, avoiding tourist traps and traveling to less traditional locations. (Hotel prices in Lake Tahoe, for instance, are down 110% this year, Expedia said.)
You may also want to use a travel rewards credit card to earn points, miles or cash back on your vacation purchases. These cards also tout other benefits, like a free checked bag or no foreign transaction fees that can help control expenses. (You can go here to learn more about the best travel credit cards in America.)
Image: nito100
April 11, 2023
Uncategorized
September 13, 2021
Uncategorized
August 4, 2021
Uncategorized