The price of jet fuel according to the EIA is currently $3.07/gallon, the highest prices we’ve seen since January 2014–up 40% from $2.20/gallon at the start of 2022 and up 76% YoY from the same time in March 2021. International: Travelers are booking international flights 65 days in advance on average, down from 79 days this time in March 2019, and about the same as this time last year in March 2021
How far are travelers booking in advance? Travelers continue to book closer to their dates of travel relative to pre-pandemic 2019 in an environment where there can be greater uncertainty about how the pandemic and corresponding travel restrictions may develop in the coming months.ĭomestic: Travelers are booking domestic flights 41 days in advance on average, down from 50 days this time in March 2019, and about the same as this time last year in March 2021.
We detail clusters for each major international region below. International: International search demand has fewer discernible clusters aside from mid-April and Memorial Day weekend. International: Cancun, Mexico (#1), San Juan, Puerto Rico (#2), and Mexico City, Mexico (#3) were the most booked international destinations among our users.ĭomestic: Going forward in the domestic market, we’re seeing demand cluster in mid-April, but otherwise it is mostly concentrated around national holidays such as Memorial Day, July 4th, and Labor Day. Most Popular Bookings (Where are Hopper users headed?) Since Hopper users tend to skew towards younger leisure travelers, our bookings also tend to reflect this demographic’s interests.ĭomestic: Las Vegas, NV (#1), Orlando, FL (#2), and New York City, NY (#3) were the most booked domestic destinations among our users. International: Seoul, South Korea (#1), Mexico City, Mexico (#2), and Delhi, India (#3) were the highest trending international destinations. Trending Searches (What’s rising the quickest in search interest?)ĭomestic: Houston, TX (#1), Chicago, IL (#2), and Atlanta, GA (#3) were the highest trending domestic destinations for the late spring / early summer. International: London, UK (#1), Paris, France (#2), and Cancun, Mexico (#3) were our most searched international destinations again this quarter. Most Popular Searches (Where are most people thinking of going?)ĭomestic: New York City, NY (#1), Las Vegas, NV (#2), and Orlando, FL (#3) topped the most popular destinations in searches for domestic flights.
Where are Travelers Going? (Late Spring / Early Summer) International: We are forecasting international airfare to match 2019 prices through May before rising toward $940/round-trip in June, amounting to a 15% increase from current prices and reaching about 5% above 2019 prices in June, before declining seasonally into the fall. Following June, airfare should seasonally decline into the fall shoulder season. International airfare is matching 2019 prices at $810/round-trip.ĭomestic: In the near-term, we expect prices to remain at ~$320-$330/round-trip until the end of April, before rising 10% through May to $360/round-trip. At $330/round-trip, domestic airfare is trending 7% above 2019 prices – it is also the highest average domestic airfare we’ve seen since we started collecting this data.
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