Depending on your dream destination, your bucket-list trip may now be a value vacation.
Though the U.S. dollar is slumping at home, it is still strong in many countries around the world. For travelers, this means they may not have to scrimp and save for years to visit such aspirational destinations as South Africa, Japan or South Korea.
"The epic destinations that tend to be on people’s bucket lists for a while are not a dream," said Steve Born, chief marketing officer for Globus brands, which includes tour operators Globus and Cosmos and the river cruise company Avalon Waterways. "The price point makes them a reality."
On the domestic front, inflation is high and prices are rising, said Gabriel Mathy, an associate professor of economics at American University. The Federal Reserve’s dec