"This summer is nuts": Travelers face soaring prices and crowded vacation spots
CBSN
Travel across the United States is booming. But it's also busting wallets.
Hotel rooms are returning to pre-pandemic pricing, up 36% on average. Gas is averaging $3.14 a gallon — the highest it's been since 2014. In some cities, it's over $5 a gallon. The cost of rental cars is up 86%. Airfares have also increased. "You have airfares going up at the rate of about 10% a week," said CBS News senior travel adviser Peter Greenberg. "There's some coach airfares in this country now that are actually more expensive than business class fares going to Europe."
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