Expect Expensive Lodging for your European Summer Vacation
Expect Expensive Lodging for your European Summer Vacation
As summer approaches, travelers planning to visit Europe this year should prepare for potential price hikes across the continent. According to a recent survey conducted by Going and Cranky Concierge, airfares are expected to remain relatively low but accommodations and activities could show considerable increases in costs. Popular destinations such as Paris, Stockholm, Dublin, London and Amsterdam could see average hotel rate increases between 8-10%, with other European countries not far behind.
So why is travel to Europe becoming more expensive? There are several factors at play here; staffing shortages due to the pandemic have caused a labor shortage in the hospitality industry, while inflation has added additional strain on already tight budgets. Additionally, restoration of cross-border travel from Asia Pacific has driven up demand for European tours and activities. Despite the increasing costs, there is still plenty of good news in this report; many destinations are expecting a return to 2019 volumes or higher, making Europe a hot spot for travelers looking for an exciting summer getaway.
In order to make the most out of your vacation without breaking the bank, it’s important to do your research ahead of time and consider alternative options such as less-visited parts of Europe or traveling in the shoulder seasons. The Turkish lira is also particularly favorable right now, which could provide some great deals on holidaying in Turkey. Additionally, ocean and river cruises may be crowded due to increased popularity so travelers should take that into consideration when selecting their method of transport.
All in all, Europe is a great place to visit this summer and there are plenty of ways to save money while enjoying your time abroad. From lesser-known destinations to taking advantage of favorable exchange rates, travelers will be able to have amazing experiences without breaking the bank. So get out there, do your research and make the most out of your European summer adventure!
