Travel isn’t cheap. According to Carlson Wagonlit Travel’s (CWT) 2014 Travel Price Forecast, travel this year to most places prices will rise except in some European countries that are still having economic troubles.
“Latin America and the Asia-Pacific region are expected to see a rise of up to 4 percent in air prices, although fares vary throughout the regions. In Europe, the Middle East and Africa, airfares could rise by as much as 3.1 percent. And in North America, airfares may increase by about 2.6 percent,” reports Travel Pulse.
Hotels in popular destinations will have their highest rate increases in decades, while much of Europe will see a decline because to continuing economic woes. Latin American hotels will jump 5.8 percent; Asia-Pacific’s largest cities will increase by up to 4.9 percent. “Hotel rates in Europe, the Middle East and Africa fluctuate from a 2.5 percent decrease to a 1.6 percent increase…North America will see hotel rate increases of about 3.9 percent,” reports Travel Pulse.
Even car rentals and ground transportation globally will be on the irise.
But don’t cancel your travel plans just yet. Her are 15 ways to cut costs from your vacation budget.