Travel prices are soaring. Travelers don’t care
There are signs on both sides of the Atlantic that inflation is peaking
Consumers on both sides of the Atlantic are lumbering under the weight of hefty price increases for essential items. Yet, they are still splashing out on fancy vacations.
Key takeaways
- Many Brits are skiing or visiting sunnier climes this week, as the traditional half-term school break gets under way;
- Hotels are also benefiting, with Hilton and Marriott recently reporting better-than-expected fourth-quarter earnings;
- The early gains bode well for the crucial summer season, when tour operators and airlines make most of their profit.
Get the full story at The Washington Post