Hoping to get a good deal on summer travel? Start planning now.
Airfares for summer are rising fast. Many fare-watchers think summer prices will be significantly higher than last year.
In past years, some savvy travelers who held out on buying tickets reaped the reward when prices fell. But fleet and route cutbacks have given airlines more of an upper hand than at any time since before the recession. Hotels and rental car companies are also raising prices.
Large U.S. airlines have collectively tried to raise prices four times this year and succeeded twice. Those price hikes, as little as $5 apiece, are expected to accelerate in April and May as many vacationers lock in their plans.
How much ticket prices go up will depend largely on the price of fuel, often an airline’s biggest expense. The average fare was 9 percent higher in January than a year earlier, according to the trade group Airlines for America.
So what’s a would-be traveler to do?
- STUDY EARLY: Start looking for a summer airfare about three months ahead of time (That’s right around … now.) If the fares seem too rich for your blood, don’t panic. Just because fares are higher than last year doesn’t mean they won’t fall between now and your summer vacation.
If you’re worried about waiting, use this trick: Select the flight you want and start booking it online. When you hit the point where you select a seat, look at the seat map. If it’s still fairly empty, wait. It’s likely the airline will lower prices to fill those seats.
Another trick: If you search repeatedly for the same flight over a couple of days, clear the “cookies” from your web browser. They’re small data files that let a website remember things about you the next time you visit. If you don’t clear them, you might see higher airfares than someone searching that fare for the first time.
The option to clear cookies is often found in your browser’s “Tools” menu. Or check here for a more in-depth guide: http://bit.ly/A7jqNq.
SHOP AROUND: All travel booking websites are not created equal. Some may offer lower prices than others. There are also benefits to visiting different types of sites. Expedia and Orbitz offer package deals that can save you hundreds of dollars if you’re booking a hotel or rental car together with airfare.
Those with fare predictor technology, like Bing.com, let travelers know if it’s a good time to book. And Southwest advertises fares only on its own site, so it’s important to check there if the airline flies to your area. More airlines are also offering sales on their own websites to draw traffic there.
And to ensure you’re getting the best deal, don’t forget fare alerts. You can set up alerts for specific destinations, or general ones for your departure city, at airfarewatchdog.com or farecompare.com. Twitter is also a great place to find deals. Follow airlines that fly from your home airport as well as a handful of travel sites to cover all your bases.
FOLLOW THE DEALS: Not sure where you want to go this summer? Orlando, Fla. – home to Disney World and most recently the Wizarding World of Harry Potter at Universal- is topping fare-watcher lists for value this year. Both Orbitz and Hotwire ranked it the top destination for deals and entertainment. The average airfare there is about $306, according to Orbitz, while the average hotel room rate is just $104.
Other destinations in Florida like Tampa and Miami are also considered good values. Several airlines, including Spirit and JetBlue, have added flights to the Sunshine state over the last year, heating up competition and bringing down fares. Hotel rates in all three of those cities are under $150 a night.
Besides Florida, Hotwire ranks cities like Atlanta, Dallas and Houston as good value vacation spots because of the wide range of discounts. Orbitz says Las Vegas will also hold some of the best deals this year, due to some of the lowest airfares in the country and average hotel room rates under $100.
BE FLEXIBLE: Don’t just compare airlines. It’s important to compare airports, too. A longer drive might be worth it for a cheaper fare.
And don’t assume that bigger airports offer cheaper fares. While it’s usually true, airlines sometimes put less popular fares to smaller cities on sale to fill seats, said FareCompare’s Rick Seaney.
Another big mistake, Seaney said, is assuming so-called discount airlines always offer the cheapest fares. Airlines like Southwest and JetBlue, just like their competitors, tend to offer higher fares on routes where they have less competition.