Mexico is currently ripe for deal seekers. Resorts in the country, desperate for tourists who have been scared off by drug violence, are offering steep discounts. "You can stay at a four- or five-star resort in Mexico for half or more off than two to three years ago," says McGinnis. (Of course, summer is Mexico's low season because of the heat, but if you plan to spend most of your time on the beach, the scorching sun could be a plus.)
Take a boat. Cruise prices have rebounded a bit over the past year, but they can still be a great deal, considering that the price includes food and, in some cases, entertainment. According to MacDonell, those looking for bargains should look to the Caribbean and Alaska this summer. In fact, AAA's website currently lists starting prices for a 12-day cruise from Baltimore to the Caribbean for $919.