Book your summer trip to Europe now or face higher prices later | Tech US News

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Travel is at a record high in Europe, with many destinations welcoming more visitors than at any other time, and the trend shows no signs of stopping anytime soon. Travel experts are now advising tourists to book European hotels and flights soon for the summer of 2023, or they could end up paying more AND have limited or no availability. Below, we’ll explain several reasons why you should book your trip now.

a woman wearing a floppy hat looks at the Italian coast, Europe

The US dollar is strong

As Travel Off Path recently reported, the US dollar is incredibly strong right now. Historically, the exchange rates of the US dollar have favored the euro and the British pound. But now things have changed and the current strength of the dollar and the weakening of the euro and pound are making travel much cheaper for American tourists.

USD 1.00 is currently equal to GBP 0.84, while this time last year USD 1.00 was equal to GBP 0.75. The Euro is currently trading at USD 1.00 = EUR 0.97 and last November, USD 1.00 was equal to EUR 0.87. All of this means that the US dollar is going further than it has done in the past when traveling in the UK and Europe.

two people exchange usd and euro, europe

Travel to Europe is back in a big way

Many destinations are seeing a record increase in foreign tourists, with no signs of slowing down. A recent study by Allianz Partners USA shows that holiday travel by American tourists is on the rise this year. When looking at departures originating in the United States between November 23 and January 5, travel is higher than 2019 levels to 15 of the top 20 European destinations, with some cities experiencing massive growth.

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an orange bicycle rests near a canal in Copenhagen with colorful buildings and crowds of people in the background, Europe

US-based travel to Lisbon is up a staggering 173% over 2019 figures. Most other major European cities are also seeing big increases, with Stockholm seeing a 160% increase, Athens up 154% and travel to Copenhagen grew by 144%. These trends are likely to continue in 2023, setting Europe up for a record year. Waiting too long to book hotels, flights and activities can lead to disappointment as demand increases and capacity is at maximum.

Colorful buildings line the Amalfi Coast

Book early for the best deals And Availability

Travel Off Path recently reported on how and when to find the best flight deals, revealing that the cheapest flights to Europe are usually found 4-6 months before departure, with 129 days in advance being the sweet spot for the best fares.

But given current travel trends and the global climate, travelers may want to consider looking a little earlier this year. Waiting too long could put many travelers off their preferred destinations, especially in trendy cities like Lisbon and Copenhagen.

Woman in Lisbon Portugal looking at the city

That said, if you’re not ready to book but know you’re planning to travel to Europe next summer, consider visiting cities that aren’t seeing such a big increase in visitors. The Allianz survey identified five cities whose number of holiday trips in 2022 did not increase.

Barcelona, ​​Munich, Brussels, Manchester and Vienna saw their numbers decrease compared to 2019, so if you leave your summer planning for later, these destinations may be less likely to sell out.

Aerial view of Vienna

So much uncertainty

Finally, there is an incredible amount of uncertainty in the world today, and that has an impact on travel and tourism, among many other things. Inflation and the cost of living are on the rise, we are still under the influence of an ongoing pandemic that never ceases to throw up surprises, and Russia’s invasion of Ukraine has caused an energy crisis and an influx of Ukrainian refugees into Europe. Nothing is certain anymore.

Athens, Greece

That is why we recommend that if you see a good offer, you should book it now. But, if you don’t see a good deal, you might want to consider booking it regardless, given everything that’s going on right now. Prices are likely to rise, and favorite routes, hotels and attractions could soon sell out. Secure the good deals and favorable rates while you can and before things start booking up and you’re left behind

Aerial panoramic view of Reichsburg Castle in Cochem in the Moselle Valley, Germany

Top travel advice

By booking flights this far in advance, make sure you book fully refundable airfares and accommodations. Keep an eye on exchange rates and flight prices so you can cancel quickly and then rebook if you can get an even better price.

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This article originally appeared on TravelOffPath.com

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