Fall Travel Demand Surges 17%, Squeezing Traditional Shoulder-Season Discounts
Average Post-Summer Rental Rates Drop Just 5% Below Peak Summer Highs
A 17% surge in autumn booking interest is eroding traditional post-summer travel discounts, pushing average lodging rates across primary destinations to within 5% of peak summer prices.
Fall travel interest on Vrbo is up 17% from a year ago, while average nightly rates after summer are now just 5% below peak summer prices across the platform’s top destinations, according to new data from the vacation rental platform.
“Shoulder season is this magic time between Labor Day and the holiday travel season when, traditionally, prices have dropped pretty dramatically and crowds have thinned out,” Vrbo Travel Expert Melanie Fish told FOX Business. “Well, summer travel demand is now bleeding over into fall.”
Data from the Transportation Security Administration reflects this sustained demand, with daily passenger checkpoint counts regularly topping 2.5 million through late September and October, matching mid-summer throughput numbers. Additionally, travel booking app Hopper reported that autumn airfares dropped just 3% from summer peaks, mirroring the compressed discount trends seen in short-term rentals.
This price compression is most pronounced in major U.S. metropolitan destinations. Rates for fall stays continue to rise in Nashville, Boston, Chicago, and Miami as leisure and corporate travel schedules extend past August without the typical seasonal lull.

Despite the broader squeeze on shoulder-season discounts, regional coastal destinations still offer notable price drops. Myrtle Beach, South Carolina, tops Vrbo‘s list, with vacation rental rates averaging 34% less than during summer. One property cited by the company drops from as much as $1,300 per night in August to about $600 in October.
Other beach markets also offer discounts. Orange Beach, Alabama, offers average savings of 31%, followed by Panama City Beach, Florida, at 24%, Santa Rosa Beach, Florida, at 16%, and Ocean City, Maryland, at 12%, according to Vrbo.
International trips reflect a similar divide between major gateway cities and secondary leisure markets. European vacation rental prices fall an average of about 8% from summer highs during the fall, with larger discounts in destinations including Corfu, Crete, Girona, the Azores and Siena. Major tourism hubs such as London, Paris, Madrid and Rome tend to hold onto higher prices, leaving fewer shoulder-season bargains.

For travelers seeking steeper rate reductions, pricing drops significantly once the winter holidays conclude. From just after New Year’s through the period before spring break in early 2027, lodging prices are expected to run about 34% below summer peaks, with possible deals in San Diego, Los Angeles and Orlando.









