A number of factors have combined to make the U.S. a more expensive option for overseas travelers. However, this could offer a boost to those travelling from within the U.S., who might benefit from lower hotel rates and cheap apartments in cities across the country, including Miami and New York.
A strong dollar
The dollar is currently strong against many major foreign currencies, including the Euro. This is making it more expensive for those entering the U.S., and it means that accommodation providers and entertainment complexes need to lower their prices in order to fill space with domestic travelers.
Over the past year, a number of new accommodation centers have opened up, boosting room inventory across the country. As a result, we are now seeing a surplus in capacity, providing vacationers with some great savings if they look around. Luxury accommodation can often be picked up at a fraction of the regular cost.
Alongside the increase in hotel rooms, those looking to book a vacation are moving away from the traditional accommodation options. We are seeing a number of new choices opening up, especially through online services that enable people to book private apartments and houses.
Drop in business travel
In the summer months, business travel traditionally decreases, opening up availability for those travelling for leisure. The conference-based cities, including Las Vegas and Washington, D.C., often drop their prices during the summer season before rooms start to fill up again in the fall.