Will travel costs change as vaccines roll out?

By Sam Kemmis, Nerdwallet

The cost of travel will slowly rebound from historic lows as more people receive COVID-19 vaccinations and book long-deferred trips, according to industry experts.

This time last year, air traffic in the U.S. plummeted, with 95% fewer travelers passing through Transportation Security Administration checkpoints in April 2020 compared with April 2019. This reduced demand led to a corresponding decrease in airfare prices.

The average cost of a domestic round-trip ticket in the second quarter of 2020 dropped 28% from the same period in 2019, down to $259, according to the Bureau of Transportation Statistics. Few

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COVID vaccines boost interest in travel. Look out for higher airfares and hotel prices

LOS ANGELES, CA - OCTOBER 15: Travelers in Los Angeles International Airport's Terminal 5 on Thursday, Oct. 15, 2020 in Honolulu, CA. Amid the ongoing Coronavirus pandemic, the State of Hawaii is trying to restart its tourism economy; October 15 was the start of a new traveler testing program, with thousands of people expected to arrive to the state.

Travelers at Los Angeles International Airport in October 2020. Travel bookings are starting to increase, and prices for some popular destinations are also expected to climb. (Kent Nishimura / Los Angeles Times)

For Americans who are filled with wanderlust and dismissive of health officials’ pleas to avoid travel, bargain rates and deep discounts for airline tickets and hotel rooms are plentiful.

Henry Yu, a baseball fan from Long Beach, said he found prices for airline tickets and hotel rooms to fly to Phoenix to watch his beloved San Francisco Giants at spring training this month were 15% to 20% cheaper

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