Why Are Travel Costs Soaring? Experts Explain the Global Impact on Tourism in 2025
The travel industry is witnessing a significant surge in costs for airfares, hotels, and other travel-related expenses. As travelers plan to resume their post-pandemic vacations, they are facing a major challenge: rising prices. The inflationary trends affecting economies globally are directly influencing the prices of flights and accommodation. The impact of inflation is exacerbated by the geopolitical instability in Eastern Europe and the Middle East, which has led to rising fuel prices and supply shortages.