Will Inflation Disrupt Your Summer Travel Plans?

As the Washington Post points out, many aspects of travel have increased in cost due to inflation. 

The U.S. Travel Association’s travel price index shows prices rising more than 14.4% higher in October last year compared to 2020. 

One of the most significant factors affecting travel is the price of oil, and hence gasoline. The best way to combat the rising prices – over $6.00 per gallon in some areas – is to drive less. 

The Pandemic Factor

The pandemic caused a lot of fear and angst. Prices fell, and airlines and travel industries suffered from a lack of income. 

People stopped leaving their houses, entire countries closed their borders, and air travel became so complicated that it left a bad taste in many people’s mouths. 

Will Inflation Disrupt Your Travel Plans?

Inflation is going to continue to rise for travel. On the bright side, as the world continues to normalize, demand will eventually start to fall, and prices will become less of a threat to our wallets.

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