Holiday airfare has decreased, but Americans plan to spend 20% more on travel this season.

Holiday airfare has dropped significantly this year, with prices down 9% for Christmas and New Year’s and 6% for Thanksgiving. However, Americans are planning to spend more on travel, averaging $2,330 during the 2024 holiday season, a 20% increase from 2023. This rise is linked to more travelers opting for upgraded seats, better itineraries, and pricier destinations, despite lower airfare. Factors like checked baggage fees and comfort choices contribute to overall higher spending.

November 01, 2024
55 Articles