Traveling, for a lucky few, is a chance to max out on extravagance and adventure. For most, it's about cobbling together the most affordable transportation and lodging—hello roadside motels!—to fuel rest and connection. But considering the industry's recent, dramatic price hikes, all trips suddenly feel like luxury travel—no, make that cost like luxury travel. The lumpy motel beds still feel the same.
Hotel prices were up 54% in January 2023 compared to January 2022. Average daily rates for Airbnb properties have increased 35% since the start of the pandemic. And on top of rising prices, travelers are dealing with increased inconveniences, from rule books to chore charts in their vacation rentals, and shrinkflation in their hotel experience.
And don't get us started on airline prices—from January to June of last year, prices went up 47%, and are predicted to continue to rise over the spring and summer months of this year. When you factor in food, on-the-ground transportation, and then, you know, fun, even shorter, more modest trips feel out of reach.
And yet, not all hope is lost. The financial strain can often be offset with creative solutions, a focus on intention, and budget hacks that maintain—or even enhance—your experience. Gather your airline points, call up a travel agent (really), and let's go. -Samantha Leal
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