SOUTHLAKE, Texas, June 4, 2013 /PRNewswire/ -- With travel costs up for hotel and airfare, travelers are likely to spend more for the July 4th holiday weekend this year, according to Travelocity's latest booking data. Travelocity indicates a slight 0.4 percent increase for domestic airfare and a 1 percent increase for international airfare in a year-over-year comparison. Additionally, the booking data shows hotel costs are up, with close to an 8 percent increase for average daily domestic rates and a nearly 14 percent increase for average daily international rates.
"Despite the decrease in price we saw for flights for Memorial Day weekend, airfare is up slightly year over year for July 4th weekend," said Courtney Scott, senior editor at Travelocity. "Travelers should not wait to book when finding a good deal as prices will most likely increase as the holiday draws near."
The average cost of a domestic round-trip flight for July 4th weekend is $384, with international travel averaging $930 round-trip. The average daily rate for a domestic hotel is $168 – an 8 percent increase year over year. Internationally, rates are averaging $221 a night, a 14 percent increase from last year. Scott advises travelers to think of these prices as the "price to beat" and use them as a gauge when shopping for a July 4th vacation.
"Whether you are planning ahead or booking last-minute, booking packages (flight + hotel) are a great way for travelers to save and help offset rising travel costs," Scott added.
This July 4th Travelocity encourages you to "Go and Seize the Summer" with up to 50 percent off published rates for GoodBuy Hotels and Vacation Packages. For more summer travel inspiration, subscribe to Travelocity's new weekly travel series, Let's Roam and follow our blog, The Window Seat.
Travelocity wants to inspire you to Go & Smell the Roses! Travelocity helps make your traveling experience memorable with innovative apps, competitive prices and 24/7 customer service. Travelocity believes that travel makes us better and is dedicated to being the traveler's kindred spirit – a travel companion and a travel instigator, roaming the world beside travelers everywhere. Travelocity provides discounts on Hotels, Flights, Vacation Packages, Cruises and Rental Cars.
About Travelocity Global
Travelocity Global is one of the world's largest travel companies, serving the needs of travelers from all walks of life. Based in Southlake (Dallas/Fort Worth), Texas, with offices and customer care centers around the world, Travelocity Global owns and operates: Travelocity® in North America, Travelocity Business® for corporate travel; igougo.com, a leading online travel community; and lastminute.com, a leader in European online travel. Travelocity Global is owned by Sabre Holdings, a global technology company whose innovative technology is used by more than a billion people around the world to plan, book and get to their destination at a time and price that's right for them.