Inflation Cools, Providing Relief for Travelers as Airfares Drop

The Bureau of Labor Statistics released November inflation data today, revealing an overall inflation rate of 2.7% year-over-year. This marks a cooling trend from the 3% reported in September.

It is important to note a reporting quirk in this release: Due to a lapse in federal appropriations, the BLS did not collect survey data for October 2025. Consequently, the monthly figures represent a two-month change (September to November) rather than the standard one-month update.

For the travel sector, the news is largely positive, with significant price softening in key areas like air travel and lodging, though dining out remains a pressure point for client budgets.

Key Findings

Takeaway for Travel Advisors

The November 2025 data paints a favorable picture for booking 2026 travel. The combination of falling airfares and softening hotel rates creates a strong buy signal for clients who have been on the fence due to cost concerns. However, travel budgets should be adjusted to account for the sustained high cost of dining out.

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