Latest news with #NathalieJamois
Forbes
6 days ago
- Business
- Forbes
Summer 2025 Travel Deals To Save Money and Explore
There are a few opportunities to book discounted travel packages and enjoy competitive rates for some of the world's best vacation destinations. In several instances, airfare is actually cheaper than last year. Here are a few deals to check out. CHONBURI, THAILAND - 2025/03/20: Visitors seen walking through the alley of the street food stalls at Bang Saen Beach. Bang Saen Beach is a popular coastal spot just a short drive from the city. (Photo by Nathalie Jamois/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Two resorts in New England are offering summer packages that tennis and golf fans don't want to miss: Both locations are easily accessible for Boston and New York residents, making them ideal for weekend or extended stays. Flights are approximately 10% cheaper than last summer at $817 round-trip, according to Hopper. That's also notably lower than 2023's average of $1,056, which was also the most expensive travel year in recent memory. The most-booked cities are the usual suspects, such as London, Rome (which is celebrating a special jubilee year), Paris, and Dublin. You may also explore less-visited yet comparable destinations to spend less on lodging. For example, anticipate paying up to $300 per night in major cities versus half the cost in: Average nightly rates can vary depending on the destination and travel dates. It's worth comparing several potential trip ideas if you have a flexible schedule. Flights to Asia are also at some of the most affordable post-pandemic levels. An average round-trip costs $1,328, down 13% year-over-year. However, airfare is still pricier than it was several years ago, when itineraries hovered around $1,000 per person. Lodging can be notably cheaper than in Western countries, helping offset higher flight prices. For example, anticipate paying approximately $200 per night in Tokyo, Singapore, or Bali. If you're more adventurous, consider off-the-beaten-path cities like Pattaya, Thailand ($69/night), or Da Nang, Vietnam ($60/night), to enjoy similar experiences. Taking advantage of the exciting 1:1 Japan Airlines point transfer opportunity can be pivotal to booking a dream Asian trip this summer. Hopper's Summer 2025 Travel Outlook indicates that domestic flight prices are trending 3% lower compared to similar round trips from last summer. Las Vegas is one of the most affordable major cities in the United States this year, with average nightly rates of just $116. In contrast, New York City is one of the most expensive at $327 per night. Many other popular destinations have average nightly rates between $200 and $250, including Hawaii. Many theme parks and beach destinations offer competitively priced vacation rentals that provide more bedrooms and privacy than hotels at a similar rate. Orlando is one of the most budget-friendly options at $258 per night ($75 per bedroom). Early summer travel deals are available. However, you may also be better off waiting until late summer with an August or early September travel date when crowds are lighter. Overall, flights are cheaper to many places than in the past few years, and you can also save on lodging. Related Articles:
Yahoo
07-05-2025
- Business
- Yahoo
Your summer vacation in Asia could get a lot more expensive
Beach holidays in Asia could get more expensive as the dollar weakens against local currencies. Nathalie Jamois/SOPA Images/LightRocket/Getty Images Asian currencies are surging as the US dollar weakens, and it could impact summer travel costs. The dollar's decline is driven by the "Sell America" trend and trade negotiations. A weaker dollar may shift purchasing power to Asia, affecting investments and markets. Dreaming of a cocktail on the beach in Malaysia or exploring the buzzing night markets of Taiwan? You might want to hold that thought: Summer vacations in Asia may get more expensive than you think, as the US dollar continues to come under pressure. The typically stable Taiwan dollar surged by as much as 10% against the greenback in the first few days of this month. The currency is now about 8% higher against the dollar this year to date. Other Asian currencies, including those from Singapore, South Korea, Malaysia, China, and Hong Kong, have also rallied over the same period. The gains come as Asian companies, including insurers and exporters, move money out of US assets and back home — a shift driven in part by the weakening dollar. Many didn't hedge against currency swings, so they're now losing money as the greenback falls amid fears over Trump's tariffs and a slowing economy. Francesco Pesole, an ING strategist, wrote in a note on Tuesday that economies like Taiwan, which have large holdings in US-denominated assets, are feeling the pain from the dollar's slide. As a result, investors are increasingly looking to hedge their exposure and diversify away from US investments. Pesole said this trend is part of a "more worrying bearish narrative for the dollar" as it comes at a time when Asian countries are negotiating trade deals with the US. The US Dollar Index, which measures the greenback against a basket of major peer currencies, is down about 8% this year to date, as investors dig in on the "Sell America" theme, which has roiled the Treasury market. "We agree with the view expressed in the market that the extremely volatile markets seen in Taiwan FX over the last few days are a warning shot," George Saravelos, the global head of foreign exchange research at Deutsche Bank, wrote on Tuesday. 'Asian crisis in reverse' The unusual moves in Asia's currency markets could have major implications in the longer term. "To me, it has a very sort of Asian-crisis-in-reverse feel to it," Louis-Vincent Gave, the founding partner of Gavekal Research, said in a podcast on Monday. The 1997 Asian Financial Crisis was triggered by the collapse of the Thai baht, which led to financial contagion across the region. In its aftermath, many Asian economies began hoarding US dollars to build up foreign exchange reserves as a defense against future crises.
