✈ Keeping an Eye on Travel's Soaring Costs, Ritz-Carlton's Luxury Yacht Debuts & More From TPG ✈

Also: FAA's official statement on AirTags [The Points Guy]( WHAT YOU NEED TO KNOW TODAY Oct 13, 2022 SPONSORED BY [TPG] WHAT I’M KEEPING AN EYE ON IN TRAVEL THIS WEEK One of the biggest things I'm looking for in the travel news orbit is today's release of U.S. inflation data, the latest signal of whether federal policy is working to bring prices down. The travel industry shouldn’t hold its breath. [Airfare and hotel rates shot up]( tremendously during the pandemic, especially toward the end of last year and into 2022. Things stabilized in the last few months to keep us from seeing the 20% (and higher) jumps we were previously noticing each month, but that doesn’t mean any of us should expect a wave of deals anytime soon. A [new Bankrate survey]( shows 79% of Americans planning to travel this holiday season are changing plans due to rising prices. Those fears may extend beyond the holiday season: A report from American Express Global Business Travel indicates global hotel rates should increase next year due to a rise in demand for in-person meetings. If there is a silver lining to all of this, it’s that Amex doesn’t think the increases will be at the same spikes seen this year. Unfortunately, that’s because many expect there's an economic downturn on the horizon. As we always say at TPG: [Book sooner rather than later]( to lock in better rates before things get even more expensive. It's also another reason to make sure you are [leveraging your points and miles]( when booking. You can check out more of our “Why is travel so expensive?” coverage below: - [Hotels are charging how much for a room this fall? The numbers might shock you]( - [Book now or pay more even later]( - [Holiday airfare expected to spike soon: What to know if you haven’t booked yet]( That’s all from me for today. I’ll catch y’all tomorrow! Photo by Cameron Sperance/The Points Guy. Cameron Sperance, Senior Hotels Reporter Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, [visit this page](#). FROM OUR PARTNER SPONSORED BY [TPG] Cash-back cards don't get much easier than the Synchrony Premier World Mastercard®. You earn 2% cash back* on all purchases, and your rewards are automatically credited to your account every month. [Learn more]( TODAY'S TOP STORIES [You can now earn Delta SkyMiles when you buy Starbucks coffee]( Your next cup of joe can now get you closer to a vacation. [Read more]( [First look: Delta unveils new Sky Club and T5 gates at Chicago's O'Hare Airport]( O'Hare might be United and American hub territory — but that doesn't mean that Delta isn't investing in the Windy City. [Read more]( [First look: Inside the new Ritz-Carlton cruise ship Evrima, which finally debuts this week]( The 298-passenger Evrima is finally finished after a 33-month delay. [Read more]( [United unveils 3 'new' destinations, 6 additional transatlantic flights for summer 2023]( Even though the leaves are just starting to change colors, United Airlines is already gearing up for summer 2023. [Read more]( [FAA confirms AirTags are allowed in checked bags as Lufthansa backs off purported ban]( The Federal Aviation Administration's official statement ends weeks of speculation. 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