This post 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.

MasterCard recently released its travel data/statistics from the beginning of the year to present day. What did we see? Good news for the travel industry, as both consumer airline ticket sales and consumer lodging sales are up 1.8% and 3.8%, respectively, from this point last year. In fact, both categories of sales set records this year, with $5.8 billion of consumer airline ticket sales in March and $7.2 billion of consumer lodging sales in June.

SpendingPulseTravel-Infographic_FINAL-151015-1 (1)
MasterCard’s data on consumer airline and hotel spending during 2015.

What can that be attributed to? It’s hard to tell exactly what’s leading people to want to get out and travel. But, the one thing that seems to be a constant is low airfare costs, which don’t seem to stop getting lower any time soon. Low fuel prices for airlines, a strong dollar, higher demand from consumers who are saving on gas — and want to spend that saved money on travel — all seem to add up to one thing: more travel.

SpendingPulseTravel-Infographic_FINAL-151015 (2)
MasterCard data tracks the biggest days for airline and hotel travel spending.

MasterCard’s data determined that March is the most popular month for consumers to purchase airline tickets, with the third, fifth and 10th being the most popular dates. The three biggest days for airline spending were all during the week, on either Tuesday or Thursday. On the opposite side, the top-three biggest days for spending on hotels were in July and August. Coincidentally, all three of the biggest days were Sundays (the 19th in July and second and ninth in August).

Whether you’re looking for coach flights or a premium-cabin experience, it’s a great time to book those trips!

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.