At Extreme Investor Network, we understand the importance of smart financial decisions when it comes to holiday travel. If you’re looking to save money and avoid the stress of last-minute planning, it’s essential to start early and plan ahead. The ideal time to book Thanksgiving, Christmas, and New Year’s travel is fast approaching, so let’s dive into some valuable tips and insights to help you navigate the holiday travel season like a pro.
According to Hayley Berg, lead economist at travel site Hopper, the best time to book your holiday travel is in October. This is when prices are at their lowest, and you can take advantage of significant savings. However, if you miss this window, Travel Tuesday (the Tuesday after Thanksgiving, Black Friday, and Cyber Monday) is another opportune time to score great deals on flights, hotels, and rental cars.
When it comes to holiday travel, prices are expected to be slightly higher this year compared to last year. For Thanksgiving travel, round-trip flights are currently averaging around $298, up 10% from last year. Similarly, Christmas airfare is averaging around $406 per round-trip booking, up 4% from last year. Prices are projected to decrease by about $40 for Thanksgiving and $80 for Christmas until they reach their lowest levels in October.
To ensure you’re getting the best value for your holiday travel, it’s crucial to be proactive in your planning. Booking early and being flexible with your travel dates can help you secure the most affordable options. Additionally, avoiding peak travel days, taking the first flight of the day, allowing extra time for delays, and considering alternative airports can all contribute to a smoother and more cost-effective holiday travel experience.
At Extreme Investor Network, we want to empower you to make informed financial decisions, especially when it comes to holiday travel. By following these tips and staying proactive in your planning, you can enjoy a stress-free and budget-friendly holiday season with your loved ones. Stay tuned for more expert insights and advice on personal finance and travel from our team of experts.