This summer, airfares are considerably lower than last year, with a report by Kayak indicating an average drop in prices across various international destinations. For instance, flights to Sydney have decreased by 23%, making them more attractive to American travelers despite Sydney entering winter. Other locations like Hong Kong and South Korea have also seen significant drops in airfare, and domestic flights, particularly to cities like Orlando and Tampa, are available for under $300. Notably, flights on holidays are also cheaper than last year.
The cost of plane tickets is dropping due to softening demand, with some prices plunging almost 25% when compared to the same last year.
Kayak reports that the cost of airfares to Hong Kong has dropped 16%, while ticket prices to Incheon, South Korea are down 15%.
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