Touring for the vacations? Anticipate airfare to be near its regular charges
KILLEEN, YX – Whether you’re visiting family or friends on vacation, the airfare goes up.
So if you’re looking to book a trip for the holidays, don’t expect COVID prices on plane tickets.
“The airlines were the ones that had the most success,” said Judy Graves, a travel agent for Take Me Away Travel. “So they try to catch up on their prices.”
Experts say the industry lost half a trillion dollars during COVID, but the US Travel Association reported that travel expenses have increased in the past three weeks.
“In economics, they’re going to charge the highest prices they could possibly get,” said Robert Tennant, the temporary chair in economics at Texas A&M Central Texas. “To achieve a certain level of profitability or minimize losses.”
“They can calculate that to fill the plane because they know they are going to fill the plane,” Tennant said of the airfare increase. “What can you ask most and you still leave?”
However, that doesn’t mean more people are traveling to central Texas. In fact, several central Texas hotels said their reservations are still low.
“People started thinking about travel again, maybe not until the end of this year, but they started thinking about next year,” Graves said that all of their clients have canceled their 2020 trips.
She also stressed the importance of getting insurance before you travel in case something shows up and you need a refund.