Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Monday, June 2, 2025
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

How to save on summer travel in 2025

May 31, 2025
in News
Reading Time: 4 mins read
A A
How to save on summer travel in 2025
0
SHARES
ShareShareShareShareShare

READ ALSO

Leapmotor and Aito report record high deliveries in May amid price war

Investors are piling into big, short Treasury bets with Warren Buffett

Klaus Vedfelt | Digitalvision | Getty Images

Earlier this spring, consumers were feeling good about their summer vacation prospects. More people were planning to take a trip compared to last year, and summer travel budgets were up, too, according to a new report from Deloitte.

But just a few weeks later — after President Donald Trump announced widescale tariffs and the stock market dropped precipitously, bubbling up recession fears — some would-be vacationers abruptly scaled back their spending plans, a second round of the survey found.

About 53% of respondents plan to take leisure vacations this summer, up from 48% in 2024, according to a new report by Deloitte. 

We still see a strong summer travel season, but perhaps with a more frugal approach.

Kate Ferrara

the transportation, hospitality and services sector leader at Deloitte

The report is based on two surveys: one was conducted between March 26 and April 1, 2025, and another between April 7 and April 9. The first survey reached 1,794 travelers and 2,132 non-travelers while the second reached 1,064 travelers and 880 non-travelers.

Initially, Deloitte found, the average summer travel budget was set to grow 21% year over year, to $4,967. In the second round of the survey, travelers expected to spend just 13% more than last year, or about $4,606.

When looking at budgets for their longest trip of the season, respondents initially planned to spend an average $3,987, 13% more than 2024. That anticipated budget declined to $3,471 in the second poll, an increase of less than 1% from a year ago. 

More from Personal Finance:
Trade tensions drive consumers to cut back
Student loan borrowers brace for wage garnishment
House Republican tax bill favors the rich — how much they stand to gain, and why

Deloitte conducted a second poll because the firm noticed “softness” in consumer spending across other areas of their research, said Kate Ferrara, the transportation, hospitality and services sector leader at Deloitte.

“We still see a strong summer travel season, but perhaps with a more frugal approach,” said Ferrara.

Travel costs are down

Broadly, travel costs have declined, which may help travelers looking to stretch their budget. Hotel room rates are down 2.4% from a year ago, according to a recent report by NerdWallet. Rental car costs are also down 2.1% in that same timeframe, while airfares are down 7.9%.

Round-trip domestic airfare for this summer is averaging $265 per ticket, according to the 2025 summer outlook by Hopper, a travel site. That’s down 3% from $274 in 2024 and down 8% since 2019, the lowest level in three years.

Travel costs for international travel are generally down, said Hayley Berg, the lead economist at Hopper. The average round-trip airfare between the U.S. and Europe, the most popular international destination, costs $850 per ticket this summer, down 8% from 2024, Hopper found.

How to save on summer travel in 2025

In spite of slightly lower prices for travel, people are generally spending more due to inflation, and might have less leftover money to spend on non-essential items like travel, said Deloitte’s Ferrara.

‘The root of all of our hacks’

Of those who reduced their summer travel budgets, 34% of respondents plan to cut back on their in-destination spending activity, such as food or paid guided excursions, Deloitte found. About 30% plan to stay with family and friends instead of paying for lodging, and 21% chose to drive instead of flying to their destination.

You can also save money this summer if you can be flexible with things like when you take the time off, your destination, what you do while you’re there and your mode of transportation, experts say.

“The root of all of our hacks for saving this summer is flexibility,” said Berg.

Airfare tends to spike or be higher during federal holiday weekends like the Fourth of July and Labor Day, Hopper found. This year, prices on these weekends will be about 34% higher compared to other weekends.

Instead of flying in the middle of the summer, consider delaying trips toward the end of the season, in late August or even early September, Berg said. Both price and travel demand will typically drop off by then as the new school year starts and employees go back to regular work schedules, she said.

What’s more, flying in the middle of the week can help save as much as 20% on airfare, per the site’s report.

Traveling on a Tuesday or Wednesday can also help vacationers save about $67 on a round trip domestic flight this summer, Hopper found. That flexibility can help travelers save over $100 on international trips to Europe or Asia. 

Credit: Source link

ShareTweetSendSharePin
Previous Post

Denmark raises retirement age to 70; U.S. might follow

Next Post

United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’

Related Posts

Leapmotor and Aito report record high deliveries in May amid price war
News

Leapmotor and Aito report record high deliveries in May amid price war

June 2, 2025
Investors are piling into big, short Treasury bets with Warren Buffett
News

Investors are piling into big, short Treasury bets with Warren Buffett

June 1, 2025
I’ve worked with over 1,000 kids—if you want yours to trust you, do this
News

I’ve worked with over 1,000 kids—if you want yours to trust you, do this

June 1, 2025
European firms rethink travel policy over U.S. border control concerns
News

European firms rethink travel policy over U.S. border control concerns

June 1, 2025
Saylor bitcoin buying strategy ‘exploding,’ but Wall Street skeptical
News

Saylor bitcoin buying strategy ‘exploding,’ but Wall Street skeptical

May 31, 2025
DoorDash CEO Tony Xu is new industry consolidator in food delivery
News

DoorDash CEO Tony Xu is new industry consolidator in food delivery

May 31, 2025
Next Post
United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’

United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Sam Altman urges lawmakers against regulations that could ‘slow down’ U.S. in AI race against China

Sam Altman urges lawmakers against regulations that could ‘slow down’ U.S. in AI race against China

May 9, 2025
Target missed analysts’ sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts

Target missed analysts’ sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts

May 28, 2025
Apple says Epic Games contempt ruling could cost ‘substantial sums’

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025
The ASUS ProArt A16 laptop gets you the latest from AMD and a giant screen

The ASUS ProArt A16 laptop gets you the latest from AMD and a giant screen

May 20, 2025
WellTheory raises M for AI-enabled autoimmune care platform

WellTheory raises $5M for AI-enabled autoimmune care platform

May 23, 2025
Gregg Giannotti goes scorched earth on Rich Eisen before ESPN return

Gregg Giannotti goes scorched earth on Rich Eisen before ESPN return

May 16, 2025
The 18-inch Lenovo Legion 9i can switch between 2D and 3D without glasses

The 18-inch Lenovo Legion 9i can switch between 2D and 3D without glasses

May 8, 2025

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Europeans are rethinking trips to the U.S.—here’s what’s really driving tourists away
  • Leapmotor and Aito report record high deliveries in May amid price war
  • The payoff Yankees are hoping for from Dodgers series
  • Where each Knicks player stands heading into an offseason full of questions

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In