U.S. hotel rooms are getting cheaper as airfares remain high

U.S. hotels will cost $189 per night on average this Labor Day weekend, up 6% compared to last year, but down from this summer’s peak in June of $193 per night.

U.S. hotels will cost $189 per night on average this Labor Day weekend, up 6% compared to last year, but down from this summer’s peak in June of $193 per night.

That's according to the travel booking app Hopper, which says the current decrease is part of a seasonal decline that coincides with the end of the summer travel season and the beginning of the new school year.

But Hopper says prices for hotel accommodations are one of the few areas in which travelers can expect relief ahead of the end-of-summer holiday, as labor shortages and elevated fuel prices persist across the travel market.

While the cost of lodging is projected to fall, plane tickets are still going to take a large chunk out of travelers' wallets. Domestic airfare over Labor Day weekend is expected to cost Americans an average of $278 round trip, a 23% increase compared to last year and up 20% since 2019 over the same period, Hopper projects.

"High demand and limited capacity are putting upward pressure on Labor Day weekend airfare," Hopper lead economist Hayley Berg said in an email.

https://www.nbcnews.com/business/consumer/hotel-and-airfares-labor-day-weekend-flight-delays-cancellations-rcna43526


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