Airfare to drop 40% in the fall: Hopper

Travelers facing surging summer prices can expect good news as domestic airfare is expected to drop by nearly 40% in the coming fall months, according to data from the travel booking platform Hopper.

According to Hopper data, round-trip domestic airfare is expected to drop about 38% from its peak summer prices in September and October. Round-trip domestic airfare is expected to run around $238 on average, which is $142 cheaper than high summer fares.

Some of the best deals for domestic travel according to Hopper are to San Diego, California, which runs about $252 round-trip on average -- a savings of $230 from peak summer prices. Airfare to Salt Lake City, Utah, is averaging $242 round-trip, which is down about $200 from summer. And round-trip prices to Los Angeles, California, will go for $246 on average during the fall months.

International airfare prices, meanwhile, are set to fall by about 19% -- good news for those looking to embark on overseas adventures, now that the U.S. Centers for Disease Control and Prevention has dropped COVID-19 restrictions for international travel.

Hopper says travelers can find flights to Grenada, Grenada, for $483 round-trip, which is a savings of $460 from peak summer prices. Travelers can find trips to Zurich, Switzerland, for $691, which is a savings of $275. And round-trip airfare to Bali, Indonesia, can be found for $1,183, down $431 from summer peaks.

Travel experts at Hopper advise that travelers book domestic trips at least three weeks in advance. They advise that prices will begin to rise quickly in the final few weeks before the trip.

For international travel plans, the experts advise booking at least one month in advance, noting that now is a good time to get the best price. Experts also advise being flexible on days you travel. Hopper says that mid-week flights and hotel stays can save big bucks compared to weekend trips.