EXPEDIA SUMMER TRAVEL FORECAST: FLIGHT SEARCHES UP 25%, INTEREST SURGING FOR INTERNATIONAL DESTINATIONS

Rhea-AI Summary

Expedia's Summer Travel Forecast reveals a significant boost in travel interest among U.S. travelers, with overall flight searches up 25% from last year for June through August. Popular domestic destinations include New York and Los Angeles, while international searches surged for Japan and New Zealand. Average airfare is projected to decrease by $125 from early July to August, providing savings opportunities. Travelers are encouraged to book 21 to 60 days in advance for the best domestic rates and to utilize features like Price Drop Protection for refunds on fare drops post-booking. Key insights suggest late August as a cost-effective travel time, with Thursday, August 24 being the least busy travel day. The report highlights the increasing demand for longer-haul trips and suggests strategic planning for summer vacations.

Positive

• Flight searches increased by 25% for June-August compared to last year.
• Strong demand for international destinations like Japan and New Zealand.
• Average airfare expected to drop by $125 from early July to August.
• Price Drop Protection feature offers refunds if airfare decreases after booking.

Negative

• Despite increased interest, average flight ticket prices are higher than last summer.

U.S. travelers are in it for the long haul, with New Zealand, Japan and Vietnam among the summer's trending hotspots

SEATTLE, April 11, 2023 /PRNewswire/ -- Today, Expedia® released its Summer Travel Forecast, providing key insights to help Americans plan and save on their summer vacations. According to Expedia data, flight searches are up 25% overall for June through August compared to the same time last year, and interest is up triple digits for international destinations across Europe and Asia. In addition, average ticket prices drop $125 from their peak in early July to August.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9084352-expedia-summer-travel-forecast/

"This summer, travelers are clearly ready to dust off their passports and embrace jet lag as they set off overseas," says Melanie Fish, head of Expedia Group brands public relations. "The data shows the sweet spot for saving on summer airfare is right around the corner, but these days you can actually guarantee you're getting a great deal by tracking flights on the Expedia app or adding Price Drop Protection to your flight, which automatically refunds you if the price drops after you book."

Summer Destination Trends

While U.S. travelers are returning in droves to popular destinations including New York and Cancun, the biggest year-over-year increases are for longer-haul destinations including Auckland, Hong Kong and Osaka. Despite average flight ticket prices sitting higher than last summer, strong demand trends indicate travelers are ready to make the most out of their summer vacations.

Top 5 Domestic 1.  New York 2.  Los Angeles 3.  Seattle 4.  Orlando  5.  Las Vegas

Top 5 International 1.  Cancun 2.  London 3.  Rome 4.  Punta Cana 5.  Paris

Trending: 1.  Auckland, New Zealand 2.  Hong Kong 3.  Osaka, Japan 4.  Da Nang, Vietnam 5.  Hanoi, Vietnam

*Based on Expedia flight demand as of April 1, 2023, for travel during June to August

Since reopening its borders last fall, Japan continues to see incredible interest and is one of the fastest-growing international destinations year-to-date for U.S. travelers. Flight searches for summer are up triple digits compared to the same time period last year for Osaka (+592%), Tokyo (+290%) and Kyoto (+265%).

How to Save on Summer Travel

The sweet spot to save on domestic airfare and save around 8% is 21 to 60 days out, while Americans planning summer trips abroad should book as soon as possible for the best rates.

Prices can fluctuate in the lead-up to departure, but with Expedia's Price Drop Protection travelers can get refunded for the difference if the flight becomes cheaper after they book. Launched earlier this year in the Expedia app, Price Drop Protection is available on most flights for a nominal fee, currently with no annual limits on refunds.

Best & Worst Times to Fly

Least-busy Day: Thursday, Aug. 24  Cheapest Day: Sunday, Aug. 27  Busiest Day: Saturday, July 1  Most Expensive Day: Saturday, July 1

To save on airfare, travel during late August and avoid holiday weekends. Average ticket prices drop an average of $125 compared to the peak in early July. Meanwhile, the July Fourth weekend is currently the busiest and most expensive weekend of the summer for air travel. ATPs for the holiday weekend are 12% higher than average for the month.

Read more tips for saving on flights and start your summer vacation planning here.  

Notes to Editor 

Visual Assets: Destination image and infographics available for download.

Data sources:

• Top destinations and fastest-growing destinations based on Expedia flight demand as of April 1, 2023, for travel during June to August 2023.
• Japan search data based on Expedia flight searches as of March 20, 2023, for travel during June to August 2023.
• Trending destinations were selected from list of fastest-growing destinations based on Expedia flight demand for June to August travel.
• Sweet spot booking window based on Expedia flight demand for June to August 2022 travel.
• Best/Worst times to fly based on Expedia flight demand as of April 1, 2023, for travel during June to August 2023.

Tips for navigating travel disruptions:

• According to Expedia's 2023 Air Travel Hacks Report, departing before 3 p.m. cuts your chance of flight cancellation in half, so take the early flight.
• Demand is high, and airlines are still operating fewer flights than pre-pandemic. That means full flights are expected this summer, so make sure you arrive at the airport early and give yourself plenty of time to get through security. 
• Pack light and take a carry-on. That way, there's less chance your luggage gets lost in situations of delays or cancellations. 
• Check your passport expiration date and make sure it's valid for a minimum of 6 months past your travel dates.

Tips to save on your summer getaway:

• Price Tracking & Predictions takes the guesswork out of deciding when to book airfare by alerting travelers when flight prices change. Free on the Expedia app, the feature uses decades of proprietary flight-shopping data, AI and machine learning to compare today's flight price with historical price trends to help travelers make an informed decision on the best time to book their chosen route.  Download demo and screenshots here.
• With Price Drop Protection, originally launched in 2017 as Price Match Promise, travelers can get a refund if the price of their flight drops on Expedia after they book. Price Drop Protection is available for most flights for a nominal fee, currently with no annual limit on refunds.
• Book airfare, hotel and car at the same time on Expedia, otherwise known as bundling, which can instantly unlock hundreds of dollars/an average of $300 or 10% in savings. 
• Sign up for loyalty and frequent flier programs, or risk leaving money on the table. Expedia members earn Rewards points for every booking that can be redeemed as dollars off on the next trip.
• Earn air miles on top of Expedia points by entering mileage plan numbers at checkout, which is an easy way to double-dip and rack up travel rewards even faster. 

About Expedia
Expedia^® is one of the world's leading full-service travel brands, with a mission of helping travelers get the most out of every trip they take by providing everything they need all in one place and, above all else, feel supported every step of the way.  

Our commitment to insights matched with our unprecedented scale allows us to understand our travelers better than anyone else, delivering exactly what they need, when they need it. Our personalized experiences backed by incredible technology enable us to deliver the widest selection of product offerings across accommodations, transportation, activities and experiences, helping you get the most out of your journey.  

Use our mobile app or visit expedia.com to plan your journey with us.  

© 2023 Expedia, Inc., an Expedia Group company. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50 

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View original content:https://www.prnewswire.com/news-releases/expedia-summer-travel-forecast-flight-searches-up-25-interest-surging-for-international-destinations-301794475.html

SOURCE Expedia

FAQ

What is Expedia's Summer Travel Forecast for 2023?

Expedia's Summer Travel Forecast indicates a 25% increase in flight searches from last year, highlighting trends toward both domestic and international travel.

What are the top destinations according to Expedia's Summer Travel Forecast?

The top domestic destinations include New York and Los Angeles, while international hotspots feature Cancun and London.

How can travelers save on airfare this summer according to Expedia?

Travelers can save by booking 21 to 60 days in advance, utilizing Price Drop Protection, and traveling during late August.

What does Price Drop Protection offer to Expedia travelers?

Price Drop Protection allows travelers to receive a refund if the airfare decreases after they have booked their flight.

When is the busiest travel day this summer according to Expedia?

The busiest travel day is Saturday, July 1, which is also the most expensive.