"Rising Trend: Americans Flock Abroad, Impacting Domestic Travel"

American travelers are increasingly opting for international trips over domestic destinations, leading to a surge in bookings and rising prices for international airfare and hotels. International airfare prices have increased by 10% from last year, while domestic airfare prices have fallen by 11%. Similarly, room rates for European hotels have risen by nearly 14% compared to just 6% for U.S. hotels. This shift is posing a challenge for airlines, theme parks, and hotels that primarily focus on the U.S. market. Companies like JetBlue and Frontier have cut their guidance due to the surge in international travel, while airlines like Delta and United are expanding their international service to meet the demand.