Looking to save on flights or hotel in 2024? I'm Emma with this week's travel report, and we have the highlights of how you can save big. In recent months, we’ve begun to notice a welcome trend for travelers: flight prices are finally starting to come down. After a period of steep increases, airlines are adjusting strategies, offering more competitive pricing that can benefit savvy travelers.

One of the most effective ways to capitalize on this trend is by booking your flights at the right time. Data shows that booking a flight one to three months in advance for domestic travel, and two to eight months prior for international trips, tends to yield the best deals. Also, if your schedule allows, flying mid-week can often save you a significant amount over weekend flights, which are typically more expensive.

Another tip is to keep an eye on emerging airlines or those expanding their routes. These carriers often promote introductory fares that are much lower than the competition to attract customers and build loyalty. So, signing up for newsletters and following airlines on social media can keep you in the loop for these deals.

Additionally, consider alternative airports. If you’re flying to a major city served by multiple airports, prices can vary dramatically. Smaller or less busy airports might offer lower ticket prices and cheaper parking rates.

Lastly, it’s become increasingly beneficial to revisit flights after booking. Some airlines have dropped their change fees, allowing passengers to rebook their tickets without a penalty if they find a lower rate later. Always check the fine print, but this flexibility can lead to extra savings if you notice a price drop after you’ve booked your flight.

As we continue through 2024, keep these strategies in mind. The landscape of air travel is always shifting, but for now, it seems like a great time to score some deals and satisfy your wanderlust without breaking the bank.