Why do prices for airfare, hotels, and resorts jump up and down so much?
The simplest answer is of course “Supply and Demand”. Certain seasons tend to be busier than others and command higher prices. Airlines, hotels, resorts, and tour operators adjust their prices according to a schedule of high season, low season and shoulder season rates. High season for leisure travel often coincides with school breaks such as the Christmas break, university reading week, spring break, and summer holidays (June to early September). If you try to book your March Break vacation at the end of February, a lot of flights and hotels are already sold out. There will likely be very few choices and the prices will probably be high. On the other hand, if an airline has a lot of unsold seats for a particular date and they don’t think they can sell them all at full price, they often try to clear them out for discount prices. The same principle applies to hotels, resorts, cruises, and packaged tours. You can often get early booking discounts by paying several weeks or months in adva
