OFF-PEAK: Airfares About to Drop More than Usual as High Season Draws to a Close

Travel & Leisure reports on a prediction by travel technology company Hopper that flight prices at least in the U.S. are poised to drop in AUG by 25 per cent. While a seasonal reduction is normal, the company says, “the drop this year is larger than usual as a result of the abnormally high summer prices and earlier peak in demand.”

The report says U.S. domestic airfare peaked in MAY this year.  Average airfares are expected to drop 3 per cent lower this month than AUG last year, and remain that way through SEP before rising again in OCT and NOV, and peaking again in DEC for “last-minute holiday bookings.”

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