Expedia Reports High Holiday Airfare Due to Demand, Prices Expected to Drop in January
During the holiday season, airfare prices are experiencing a significant increase due to high demand and limited capacity, according to Melanie Fish, VP of Public Relations at Expedia Group. This trend is consistent with previous years, where the holiday period is one of the busiest travel times, leading to a spike in ticket prices as departure dates approach. Expedia data suggests that the cheapest day to fly for Christmas is December 24, with New Year's Eve flights being more affordable on December 30 or 31. Despite the current high prices, there are still opportunities for savings, particularly on international routes to destinations like the Bahamas, Aruba, and Cancun, where flights are available for under $500.