Articles tagged with: travel fees

When Will Travelers Take a Vacation from Fees?

They are everywhere. Do we have to accept them?

An eager bellhop hurries over to grab the single suitcase you could easily take to your room yourself. You buy something in Bulgaria or Malaysia, and your credit card issuer tacks on a surcharge for foreign currency use. A 5-star hotel charges you for basic Wi-Fi. Everywhere you travel, fees are assessed. Can you plan to avoid some of them? Possibly.

Read the fine print on mysteriously low airfares, hotel stays, and cruises; fees are likely to lurk in it, and some might seem ridiculous. (In 2017, one budget airline was charging flyers as much as $65 for a carry-on.) Look for hotels with free wireless Internet rather than hotels that stay mum on that topic. Ask how much a resort fee drives up the price of your room at one lodging versus another. As egregious as some travel fees may seem, they have seemingly become part of the travel industry business model. For example, an Illigo.com study found that nearly 40% of airline company revenues come from “extra fees.”3

Mike Moffitt may be reached at ph#641-782-5577 or email: mikem@cfgiowa.com

Website: www.cfgiowa.com

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Michael Moffitt is a Registered Representative with and Securities are offered through LPL Financial, Member FINRA/SIPC. Investments advice offered through Advantage Investment Management (AIM), a registered investment advisor. Cornerstone Financial Group and AIM are separate entities from LPL Financial.

3 – usatoday.com/story/travel/advice/2017/06/25/outrageous-fees/423072001/ [6/25/17]