ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

All you Need to Know About 'Shoulder Season' Travel; The Trend Being Adopted to Counter Costs

The shift towards shoulder season travel is so significant in some places that it's changing traditional seasonal travel patterns.
PUBLISHED FEB 17, 2024
Cover Image Source: Traveler | Pexels | Photo by Catarina Sousa
Cover Image Source: Traveler | Pexels | Photo by Catarina Sousa

Traveling is one activity that registered an uptick in the years following the pandemic as people finally got to move around without restrictions. But soon after that, prices of daily essentials as well as costs associated with transport started going up, and inflation halted spontaneous trips and family holidays. Nearly one in five Americans are now planning to travel less, mainly due to a rising cost-of-living. However, many travelers are finding ways to save money without compromising on their desire to explore the world. For 70% of respondents in a survey, this means avoiding travel during peak seasons. This has led to the rise of “shoulder season” travel where vacations are booked between high and low seasons, paving the way for cheaper trips with fewer people around and better weather.

Photo by Dominika Roseclay | Pexels
Traveler looking at a map | Photo by Dominika Roseclay | Pexels

While travelers during shoulder seasons are typically adults without school-aged children, there's a growing trend of parents being willing to take their kids out of school for travel.

The shift towards shoulder season travel is so significant in some places that it's changing traditional seasonal travel patterns as highlighted in Zicasso’s 2024 Luxury Travel Report. According to the report,

- 41% of travel specialists noted that high seasons are lasting longer

- 43% observed more destinations becoming year-round with no distinct low season

The concept of low season is disappearing with similar trends seen in parts of the Caribbean and Mexico. As the boundaries between high and shoulder seasons are blurred, the savings associated with shoulder season travel are also diminishing, experts say.

Image Source Photo by Te lensFix | Pexels
Traveler relaxing (representative photo) | Photo by Te lensFix | Pexels

To identify where deals still exist, CNBC Travel analyzed hotel rates in five popular destinations, comparing peak and shoulder season prices for entry-level rooms for two travelers, inclusive of most taxes.

Peak periods are influenced by weather and events such as the Sakura season when cherry blossoms bloom in late March to early April.

Aman Kyoto: Shoulder season rates start at $3,185 while peak season rates are $5,765

Sowaka (ryokan): Shoulder season rates start at $1,044 while peak season rates are $1,904

The Reign Hotel Kyoto: Shoulder season rates start at $52 while peak season rates are $268

Image Source: Photo by veerasak Piyawatanakul | Pexels
Travelers at a station (representative image) | Photo by veerasak Piyawatanakul | Pexels

James Thornton, CEO of Intrepid Travel, highlights how shoulder season travel has become their busiest time of the year. Although traditionally preferred by adults without school-aged children, there's a growing trend of parents willing to take their kids out of school for travel.

Zicasso’s 2024 Luxury Travel Report reveals significant shifts in traditional travel patterns. Forty-one percent of travel specialists note longer high seasons while 43% observe destinations becoming year-round with no distinct low season.

Governor Thapanee Kiatphaibool of the Tourism Authority of Thailand discusses the disappearing concept of low season in certain regions, such as the Caribbean and Mexico.

Image Source: Photo by Leonardo Manjarrez | Pexles
Cultural attractions for travelers (representative image) | Photo by Leonardo Manjarrez | Pexles

As the boundaries between high and shoulder seasons blur, the cost savings associated with shoulder season travel diminish. Demand remains high even during off-peak times, resulting in increased prices.

CNBC Travel conducted a comparative analysis of hotel rates in five popular destinations to identify cost differences between peak and shoulder seasons.

Detailed comparisons of peak and shoulder season rates in Kyoto (Japan), the Maldives, Rome (Italy), Dubai, and New York City reveal varying trends and potential savings for travelers.

MORE ON MARKET REALIST
Trump warned Canada could face a 100% tariff if it signs a trade agreement with China.
3 hours ago
The Secretary of Health and Human Services loves the President for giving him creative liberty.
22 hours ago
CEO Brian Moynihan negated the concerns of a K-shaped economy, claiming January spending is up.
22 hours ago
Howard Lutnick claimed the U.S. GDP could grow by 6% in the first quarter, thanks to the tariffs.
1 day ago
When Harvey heard how much KC was willing to spend on his anniversary dinner, he was shocked.
1 day ago
The December retail report and the bond market have undermined expectations of strong growth.
1 day ago
Citing Trump's four engines of growth, Peter Navarro says non-inflationary growth is coming.
1 day ago
Economists argue that a disruption in the supply chain could cause a pandemic-like effect in automotive industry
2 days ago
CEO Scott Boatwright had to clarify his alleged focus on the $100K club customers after backlash
2 days ago
Steve Rattner argues that the tariffs have hurt the U.S. but not slowed down the Chinese economy.
2 days ago
While the White House is parading the hefty tax returns, the political payoff may be disappointing
3 days ago
Governor Mike DeWine cautioned that the sales tax could go up to 20% to make up for the lost revenue
3 days ago
Trump reportedly muzzled Consumer Financial Protection Bureau, costing Americans billions in relief
3 days ago
Harvey issued a stern warning to the contestants, once the burn kicked in.
3 days ago
Minute Maid’s existing frozen concentrate range comes in many exciting flavors such as orange juice, lemonade, and more.
6 days ago
The room burst into laughter as soon as the prize was revealed.
6 days ago
The Treasury Department has also doubled the standard deduction, impacting 90% of taxpayers.
6 days ago
Harvey couldn't believe some of the answers that the Peele family came up with.
6 days ago
Even host Ryan Seacrest admitted the puzzle was tricky to solve with the given letters.
6 days ago
The bill in Oklahoma will reportedly affect thousands, including children entitled to the benefits.
7 days ago