The popular travel search tool Kayak recently posted
"According to a recent survey, nearly half (48%) of Americans said “taking a trip” was one of the top 3 social activities they’re looking forward to most this year once a vaccine is widely available and things return to normal. The good news is, prices on flights around the US are 17% cheaper now than they were a year ago. But our data shows that’s not going to last long (in fact, we predict prices will jump at least 25% once people start traveling again)."
Travel Pulse, another travel site, says
"It’s a great time to book a cruise vacation. No, probably not for February or spring break, but maybe for summer, early fall or later."
There is no question the travel industry is hurting, so there are some great deals and much more generous change and cancellation policies available right now. It is also true that vaccines hold the promise of bringing Covid under control at some point soon. However, there is still a lot of uncertainty about when it will be safe to travel again, and not all the deals and policy changes are the same.
I'm in the travel industry and find it difficult to keep track of the different rules and policies various destinations and providers have implemented. It is the perfect time to book if you want a great deal and handle change well. If you long for a return to the way things used to be and need predictability, waiting a few months is probably a good idea.