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Bing Travel Summer Forecast: Airfares Rise Nearly 15 Percent, Hotels Up 7 Percent

*Fareologists offer insight for how travelers can save money during a tough travel season.*

REDMOND, Wash. — May 4, 2011 — The Fareologists at Bing Travel (https://www.bing.com/travel) today issued their forecast for the 2011 summer travel season, predicting airfare and hotel costs will continue to swell. Compared with last year, airfare is expected to be up 15 percent, with tickets averaging $561, up from $485 last summer. Summer hotel costs will rise by more than 7 percent, with average costs at $242, versus $227 last year.

“Airlines are making deeper cuts in capacity, and surcharges are burgeoning,” said Krista Pappas, global travel industry director at Bing. “With oil prices on the rise, travelers can expect fares to continue to climb to offset fuel costs. Airlines also will continue to charge fees for their services, such as more leg room, premium boarding, baggage fees, Wi-Fi, food and entertainment.” (more…)

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