It may seem paradoxical, but a trip to Europe can be a way to save on travel this year.
Amid a global rush to find ways to save money while travelling, hotel rates have fallen in many European cities. Average airfares from the United States are also down, according to travel experts.
Another boon for Americans? This month, the US dollar reached parity with the euro for the first time in 20 years.
To put that into perspective, a three-night stay at a hotel in Paris that charges 250 euros a night would cost around $767 today, up from $841 in July 2019.
The lowest average airfare to Europe fell by 15.1% compared to last year, according to a year-over-year study through the online travel booking site CheapAir.com.
Based on a review of more than 24 million airline tickets this spring, flights to Europe from cities in the United States averaged $908 this year, compared to an average of $1 $070 in 2021, according to the study.
Travelers looking to find the cheapest flights to Italy can head to Milan, where airfares have fallen by more than 20%, according to the study. Flights to Venice (-17%) and Rome (-14%) were also down, he said.
Flights to the most visited cities in Europe, such as London (-10%) and Paris (-9%), also fell, although to a lesser extent, while airfares to Dublin (-0.02 %) remained largely unchanged, according to CheapAir.com. .
According to the analysis, price drops have also occurred on flights from nearly every major US city. One exception was Boston, where airfares rose 1.8% to $685 per ticket. Still, that makes Boston the second cheapest US city from which to fly to Europe. Only New York is cheaper, with average airfares to Europe this year costing $636 per ticket.
Falling airfares to Europe seemed to catch the study’s authors off guard. They said they were “pleasantly surprised” by the results, which showed more cheap flights to Europe than they had expected.
Travelers looking for low airfares to Europe can access the “Europe Summer Flight Schedule 2022“, which estimates that deep discounts will restart on September 4.
Many hotels are more expensive today than they were before the pandemic, especially in places like the Hamptons in New York; Maui, Hawaii; and Telluride, Colorado, according to booking site Hotels.com.
But that’s not the case in parts of Western Europe, the company said.
“Hotels typically raise rates when demand is high during the busy summer travel season,” said Melissa Dohmen, spokeswoman for Hotels.com. “But this year…competition is heating up for rooms and rates in major destinations.”
In April, the company highlighted Madrid ($135 per night) and Copenhagen ($210 per night) as places with attractive August holiday hotel rates.
Travel agency Expedia said hotel rates in many European cities will be cheaper in August than before the pandemic.
With the exception of Nice, cities in Italy and France are absent from this list. Rates in both countries have risen 25% this summer, according to Hotels.com, which has named Saint-Tropez along the French Riviera as one of Europe’s most expensive getaway destinations of the season. .
Conventional wisdom holds that domestic travel is more economical than international travel. But that hasn’t been the case for two consecutive years, according to travel insurance comparison engine Squaremouth.
As of mid-July, the average cost of a domestic trip was about $500 more than an international trip, according to company data.
But this does not apply to all spots. Among the most popular travel destinations this year, travelers are spending the most to get to Greece, followed by Italy and France, according to the company.
The average cost to travel to Greece this year is around $7,600, according to Squaremouth’s review of thousands of travel insurance policies purchased from January to mid-June.
Francesco Ricardo Iacomino | time | Getty Images
Average hotel rates per night in Greece are $610 in Mykonos and $434 in Santorini, but are as low as $204 in the Ionian Islands and $162 in Crete, according to travel booking site Holidu.
Athens is probably even cheaper. In April, the capital of Greece was named one of the the world’s most popular city breaks for families by travel website The Family Vacation Guide, based on hotel costs, food, and a visit to the Acropolis.
According to the website’s analysis, the average daily cost for a family to visit Amsterdam ($244) is twice that of Istanbul ($122), while Stockholm costs less than $150 per day on average.
Conversely, Las Vegas was ranked the most expensive city in the world for family vacations, largely due to hotel room rates that averaged $399 per night, according to the website.