Inflation threatens summer vacation plans for millions of Americans
Sticker shock threatens summer vacation plans for millions of Americans: Gas prices hit record $4.45 a gallon, airfares surge 33% and camps for kids hike fees up to 15%
- Inflation threatens to upend summer travel plans for millions of Americans
- High demand for air travel is sending fares up 33% from a year ago
- Airfares jumped 18.6% in April alone, the most since records began in 1963
- Gasoline is at its highest price on record at $4.45 per gallon on Saturday
- Experts expect kids' summer camps to cost 10-15% more than before pandemic
- Still, Expedia CEO predicts summer of 2022 will be 'busiest travel season ever'
- Experts expects costs to rise and advise booking trips as soon as possible
Soaring inflation threatens to …
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