It is predicted that prices will rise by an average of 7 percent per month until June, according to the travel app Hopper.
Travel by plane has gradually resumed since the outbreak of the COVID-19 pandemic began in October. Travelers, on the other hand, must continue to deal with the virus and the price fluctuations that accompany it.
However, according to the Consumer Airfare Index Report, which was released on Wednesday by travel app Hopper, domestic and international airfares will rise in the first half of 2022 despite the fact that they are currently at record low levels.
Flights to and from the United States are currently at historic lows, with international round-trip airfares starting at $649 and domestic round-trip airfares starting at $234 per person.
The Hopper website predicts that ticket prices will rise by an average of 7 percent per month through June, when customers can expect to pay around $315 roundtrip domestically. If the omicron variant is no longer available, it is possible that the increase in fares is due to the upcoming spring break travel season.
In fact, the steepest single-month increase of around 11 percent is expected to occur in March, just in time for spring break, according to forecasts.
Hopper predicts a slower, but still faster-than-normal, increase in international flight prices when compared to domestic flight prices through June, with peak fares estimated to be around $830 roundtrip, according to the company.
According to Hopper, with airfare prices typically rising by around 2 percent per month as we approach summer, “prices have been especially volatile between the delta and omicron variant waves, swinging nearly $200/round-trip twice over four months.”
According to a report from an airline ticketing company, the price of airline tickets is expected to stabilise around the month of April.
If you’re looking for flights to a specific destination, Hopper users have been looking for flights to Orlando, Las Vegas, and Miami on the domestic level, as well as flights to London, Cancun, and Paris abroad.
The most popular vacation destinations, according to the travel app, were Reno, San Jose, and Kansas City, among other places. It has been reported that Dublin, Rio de Janeiro and Santiago are the top three most popular travel destinations in the world according to the website Internationally Hopper.
The COVID-19 pandemic has also had an impact on last-minute travel and bookings that require a shorter time frame to complete. Users of Hopper look for domestic flights 35 days before departure, while those looking to travel internationally look for flights 55 days before departure.
According to a new report, only a small percentage of tourists intend to travel abroad this early in the year.
Meena Thiruvengadam is always on the lookout for new places to explore and stories to uncover. She has a strong desire to travel the world. Sign up for her newsletter and follow her on social media to stay up to date.