economy

Summer travelers face "vacation inflation" as airfare, gas prices rise

Americans with plans to travel for Memorial Day weekend or this summer are likely to face higher costs for everything from gas and airfare to activities and lodging.

Summer travelers face "vacation inflation" as airfare, gas prices rise

TL;DR

  • Americans are facing "vacation inflation" for Memorial Day weekend and summer travel.
  • Costs for flights, gas, lodging, activities, and dining out have increased significantly.
  • Average domestic airfare is up $89 from last year, and gas prices have risen $1.42 per gallon.
  • Nashville is expecting a high volume of visitors despite increased costs.
  • Travel experts anticipate Americans may stay closer to home to manage expenses.