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There is no denying that in pre-pandemic times, finding last minute The travel deal was a very familiar story among travelers – with many cheap flights, hotel reservations and even All Inclusive After it was seized Incredible Prices.
However, fast forward to this present moment in time and the situation couldn’t be any different – b It seems like last minute travel deals are a thing of the past – Well at least for now anyway.
There are many contributing factors behind why this happens – with High cost of airline tickets and hotel rooms – As well as the fact that The demand for travel is increasing per day.
Even the chief executive of one of the world’s leading tour groups, TUI, has had his say on the matter – Frederic Josen claiming that “there will be practically no last minute low-priced deals this summer”, in a recent BBC interview.
So why aren’t travelers hesitant to strike a last-minute travel deal this summer?
Let’s look at some of the reasons why waiting to find a travel deal might not be the best idea right now.
Hotel occupancy is approaching full capacity
With more and more people looking to travel internationally and domestically – following border closures and closures throughout the Covid-19 pandemic over the past two years – demand for hotel room reservations around the world has reached an all-time high.
Just last month we reported that hotels in Cancun, a popular Mexican tourist attraction — recently ranked as the most popular destination for American travelers — were close to being fully booked for the summer months already.
In fact, as many as 90% of hotel rooms – in the Caribbean city – are booked until late July, which could see Cancun more popular than it was in pre-pandemic times in 2019.
The cost of hotel rooms is increasing
However, the increase in demand for hotel rooms has also driven up prices – it was recently revealed that for the first time ever, hotel rooms in Mexico are priced at a higher average cost than hotel rooms in the United States. States.
For example, during the closing stages of last year (2021) – when the majority of the world was closed for tourism – Mexico saw the average price of a 4-star hotel in its popular tourist destinations being advertised at a minimum price of US$280 per night.
An amount that clearly shows why this hotel deal is so hard to find – with demand on the verge of outstripping supply.
And it’s not just Cancun that sees an influx of tourists – with the likes of other popular destinations for travelers – such as Las Vegas – also seeing large numbers of tourists return.
It has been said that up to 80% of hotel rooms in Vegas are currently occupied by visitors – who all want to take an adventure again, in what is commonly referred to as “Sin City”.
Air ticket prices continue to rise
Another factor that contributes to why you may not be able to get a last-minute travel deal – which you might have been able to get earlier – is that the price of airline tickets is rising.
We reported a few days ago that airfares had reached a “historic monthly high” – with a huge price jump between March and April.
We’re not just talking about international airfare — US travelers see the average cost of a domestic return flight as $358.
If that wasn’t bad enough, the average cost of an international return ticket has risen to $865.
Unfortunately, it looks like airfares aren’t going to get any cheaper anytime soon – travelers need to prepare for a summer of skyrocketing prices for both flights and hotel rooms.
Just yesterday, Michael O’Leary, CEO of Europe’s largest low-cost airline, Ryanair, suggested that the price of an airline ticket could indeed rise “by a high single-digit ratio” – which is likely to come about due to the large number of pioneers booking flights.
There are still budget friendly travel destinations on offer
Although it may now be nearly impossible to find last-minute deals – which were widely available in pre-pandemic times – it is still possible to visit places on a budget, which hopefully won’t hit your wallet too hard.
Just yesterday we featured 7 budget-friendly beach destinations – that not only offer great value for money – but also offer travelers a chance to experience beautiful landscapes, culture, food and more.
And while you’ll likely have to pay more for transportation when heading to and from your desired travel destination – in addition to where you live – there are still opportunities for travelers to save money by opting for more budget-friendly activities.
For example, for American travelers heading to the popular Mexican tourist destinations of Cancun and Playa del Carmen, there are plenty of budget-friendly things to do — all of which likely won’t break the bank.
The same is true for American travelers heading to other destinations – whether domestically to the likes of Florida or internationally to cities, such as Vancouver or London – where entertainment can still be found without spending a fortune.
Of course, as travelers, we always strive to find the best possible deals when it comes to booking transportation and accommodation – especially when we can save a significant amount of money in the process.
However, while we’ll likely struggle to find the huge amount of last-minute deals we’ve become familiar with in the past, there are still ways travelers can find affordable deals – and also balance their transportation and accommodation costs when Planning their trip.
For example, there are still some great value flights to have – including for American travelers looking to head to Jamaica’s Paradise Island, for example.
There are also a number of ways travelers can look to buy cheap flights – as well as tips for planning their trip – so they can stay on budget.
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