Wednesday, November 19, 2008
How to save money on holiday travel
This holiday season, there's good news and bad news for travelers. The bad news is that fares are high, capacity is down and last-minute deals are likely to be few and far between. The good news is that if you're the type to do research and plan ahead, you're likely to save — or have already saved — as much money as is possible in times of high fuel prices and a struggling economy.
Last month, the cost of travel rose by 8.7 percent, according to the Travel Industry Association. Families, however pinched, are not likely to abandon holiday trips. The Bureau of Transportation Statistics says visiting friends and family is the single-biggest reason for travel, so to keep from breaking the bank, families have to become more creative in their travel planning.
"Really, it's about what's most important to you when you travel," says Elizabeth Sanberg, co-founder of gogreentravelgreen.com, a site that focuses on sustainable travel. "By figuring out what things you care about most that can't be changed, and what's flexible and can change, you can really cut expenses."
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