Inflation can have a significant impact on the cost of vacations and transportation. As prices rise, travelers may find that their budgets are stretched thinner, making it more challenging to afford trips and travel expenses.

For example, rising inflation can lead to increased airfare, hotel rates, and car rental prices. This means that a vacation that was once affordable may now be out of reach for many individuals and families.

One way to navigate these rising costs is to be flexible with travel plans. This could involve choosing off-peak travel times, opting for alternative destinations, or considering different modes of transportation. Additionally, travelers can look for deals and discounts, such as using travel rewards points or taking advantage of promotions offered by airlines and hotels.

References:

• CNBC - Inflation is driving up the cost of travel: Here's how to navigate it
• Forbes - How To Navigate Inflation And Its Impact On Travel