New York
CNN Business
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For travelers getting ready to make their first holiday trips since before the pandemic: prepare for sticker shock.
Airfares are way up. US gas prices are higher than they’ve ever been at this time of year. Rates for hotel rooms and rental cars have jumped 12% and 46% respectively from where they were in 2019.
The good news is that the prices for airfares, gas and hotel rooms are down from the record highs hit earlier in 2022, but they’re still among the highest on record for this time of year. Only rental car prices are lower than what travelers were paying at the end of last year, although they’re still far above pre-pandemic levels.
Here’s what will cost travelers more this holiday season:
When air travel ground to a near halt in 2020 due to the pandemic, US airlines cut…