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Bing Travel: Holiday forecast ‘Thanksgiving and Christmas fares down 17%’

Fareologists at Bing Travel issued a preliminary outlook for the 2009 holiday travel season, uncovering a holiday season that is distinctly more traveler-friendly than the 2008 season. This year, airfare for Thanksgiving travel to domestic destinations averages $327, down 22 percent from 2008 and virtually on par with 2007 fares. Christmas and New Year’s holiday airfare to domestic destinations averages $353, down 17 percent from this point in 2008, but still about 8 percent above 2007 fares. “In last year’s holiday travel forecast I talked about the ‘perfect storm’ of record-high oil prices, fuel surcharges and very high airfare. Oh, how quickly things change,” said Bing Travel Fareologist Joel Grus.

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