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Travel Industry News |
Saturday July 4th, 2009 |
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Farecast 2008 Spring Break Forecast: Travelers Will Pay Over 10 Percent More |
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Fares for peak spring break trips are up 10-12 percent this year over 2007 |
The Fareologists at Farecast.com issued its 2008 Spring Break Forecast today, revealing that consumers can expect to pay 10-12 percent more this year for peak spring break travel. If you have to travel during peak times, it's all about picking the right destination. Fares peak in mid-March when an estimated 60 percent of US colleges take spring break. Those locked into travel during peak periods can still save more than $100 per ticket by choosing the right destination.
"Consumers will pay on average 10-12 percent more for spring break this year for travel," said John Rauser, a Farecast Fareologist. "We are seeing the impact of numerous factors impacting pricing including rising oil prices and fuel surcharges, rumors of consolidation and reduced capacity, emphasizing that consumers need to be smart when knowing when to fly and buy this season."
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