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More Vaccinated Travelers Mean Pricier Hotels, Flights

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Arriving passengers walk past a sign in the arrivals area at Heathrow Airport in London, Tuesday, Jan. 26, 2021, during England's third national lockdown since the coronavirus outbreak began. The British government are on Tuesday expected to discuss whether to force some travellers arriving in the UK to quarantine in hotels to try to curb the spread of coronavirus. (AP Photo/Matt Dunham)

(AP) – Industry experts say the cost of travel is likely to slowly rebound from historic lows  as more travelers receive COVID-19 vaccinations and book long-deferred trips. Although airlines are unlikely to build capacity to pre-pandemic levels, demand may increase through the summer as vaccination rates increase. And hotel prices in cities may begin increasing as cities continue reopening. There are still many unknowns, but experts remain cautiously confident that those looking to book travel this year should do so sooner rather than later. Though new booking flexibility can help reduce the risk of changing plans, increased travel demand is unlikely to drive prices below current levels.

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