Airfares Fall Hard in December, AAA Says.Business & Travel Editors ORLANDO, Fla.--(BUSINESS WIRE)--Dec. 28, 1999 The national average cost of roundtrip round·trip or round-trip also round trip n. A trip from one place to another and back, usually over the same route. leisure airfares fell 9.4 percent to $213.85 in December, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. . That rate is $22.07 less than November's cost of $235.92. The drop in airfares led to a 6 percent decrease in the AAA Leisure Travel Index, which reflects the sum of a monthly national average for airfares, lodging and car rental rates. The monthly index fell $24.18 to $381.84 in December. In November, the combined national average for leisure travel was $406.02. In October, it was $405.88; September, $411.40; August, $392.98; July, $409.47; and June, $403.10. Car rental rates declined $2.92 in December to an average $38.17 nationally, a 7.1 percent decrease from November's $41.09. Lodging rates increased 81 cents to $129.82 in December, up less than 1 percent from November's $129.01. For the last six months roundtrip leisure airfares averaged: November, $235.92; October, $232.98; September, $238.15; August, $223.04; July, $243.93; and June $233.85. During the same time average leisure car rental rates were: November, $41.09; October, $39.08; September, $36.53; August, $37.33; July, $40.17; and June, $40.17. Average lodging rates during the last six months were: November, $129.01; October, $133.82; September, $136.72; August, $132.61; July, $125.37; and June, $129.08. The December report is based on data from more than 12,000 AAA two- and three-diamond lodging room a room in which a person lodges, esp. a hired room. See also: Lodging rates, 4,300 intermediate-sized car rental rates and 1,100 domestic airfares for 20 major U.S. markets. The software used in the survey was designed specifically for AAA by Galileo International(R) for use with the Apollo(R) computer reservation system. Leisure travel usually requires an advance purchase; travel during off-peak hours; and a minimum stay, such as a Saturday night stay. Airfares include sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. but not other charges. Lodging and car rental rates do not include taxes or other fees. AAA is the largest leisure travel agency in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. with nearly 1,100 travel offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. AAA news releases are available from http://www.aaa.com/news |
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