Summer vacation savings come in journey, not destination
Posted April 25, 2016
Those who favor warmer weather are already planning a summer getaway.
"Orbitz data tells us that 75 percent of Americans say they are traveling this summer, which is up 7 percent from summer 2015," said Orbitz Sr. Editor Jeanenne Tornatore.
And the vast majority of those, four of out five, plan to stay stateside because it can be so expensive elsewhere, especially in Europe.
Summer, between Memorial Day and Labor Day, is the high season for European travel, especially in popular cities like London, Paris, Rome.
To avoid high costs, CNBC'S Kelli Grant said European travelers are more likely to be booked to Portugal, Poland or somewhere in Scandinavia
For those who vacation domestically, an Orbitz survey found Chicago, Las Vegas and Los Angeles are the top three destinations this summer.
And while flying may be cheaper, the cost of staying keeps going up.
"Airfare, on the good side, is down 10 percent year over year, but hotel rates are up 17 percent from summer 2015," Tornatore said.
Cheaper still is a driving vacation. AAA predicts gas prices will be the lowest they've been in the last 12 summers.