saw a 47% spike in airfare searches from the U.S. to Europe for summer travel. So what does that mean when it comes to prices? Will Europe be more expensive than ever, given the surge in interest? Or are there deals to be had for Europe travel?
Following von der Leyen’s announcement, the research team at Hopper took a look at search demand for travel to Europe andfor airfare prices this summer—honing in on the cheapest places to go in Europe. Adit Damodaran, economist at Hopper, says the results were surprising. “You’d think that with more demand, prices would go up,” says Damodaran. “What we’ve seen is that airfare is going down and we’re expecting it to fall even further going into May.” ... [+]According to Hopper, a good deal price for round-trip airfare to Europe will be around $760 for summer 2021, down 11% from the beginning of April. And it’s considerably cheaper than a year ago: Heading into March 2020, that same trip would have cost $852.
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