Bing Travel predicts that compared with last year, airfare is expected to be up 15 percent, with tickets averaging $561, up from $485 last summer. Summer hotel costs will rise by more than 7 percent, with average costs at $242, versus $227 last year.
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All this talk of higher airfares begs for some perspective. The Bureau of Transportation Statistics just released its latest airfare data, which showed a record drop in ticket prices.
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Matthew Darrah is a senior vice president at Enterprise, where he oversees North American operations for Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car. I asked him about the summer’s skyrocketing car rental prices and what travelers should do about some of the new fees they’ve seen on their rental bills.
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Oil prices dipped below $90 a barrel yesterday — roughly the same price as a year ago, before airline charged passengers for everything that wasn’t bolted down on their planes. Energy costs, the stated reason for all of these new fees, are expected to fall further this week. But are the new surcharges here to stay?
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