'Demand across the board for summer 2022 travel is up 20% to 25% relative to 2019,' said Jamie Lane, vice president of research at AirDNA, a vacation rental data platform that tracks trends on Airbnb and Vrbo.
Volatile oil prices could also impact summer travel costs. The price of U.S. Gulf Coast kerosene-type jet fuel hit $3.77 per gallon in March, up from $0.46 per gallon at its low point in May 2020, according to the U.S. Energy Information Administration.
Deals for summer travel in Mexico could still exist, but they'll be harder to find than in less popular destinations. The same goes for rural U.S. destinations, especially those close to national parks.Instead, Lane suggests targeting destinations that rely heavily on foreign visitors and have been slower to recover tourists.
"Generally, if you book far in advance, you're going to pay more," said Lane, pointing to how the Airbnb pricing algorithm will drop prices at the last minute to fill remaining availability."As you get closer to the stay date, if it's not booked, you're going to get a discount."
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