“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”

TravelHaven News Brief — Holiday travel: Procrastinators will pay this year

CBS News travel editor Peter Greenberg advises travelers not to wait to buy holiday travel tickets. If you’re planning to fly for the holidays, procrastinators will pay an even higher penalty this year. And that’s on top of the higher 2013 fares reported by the Wall Street Journal. According to WSJ, Thanksgiving week flights in the U.S. and the Caribbean will cost 9.4 percent more than last year, and Christmas week fares are up 7.3 percent.

The price for holiday air travel also depends on when you want to fly. To avoid the highest rates, fly out on the morning of Thanksgiving, and don’t fly back on Sunday. For a 10% lower fare, come back on Friday or Saturday when everybody else is doing the Black Friday scramble.

The issue for air travelers is capacity. Although in the past, the airlines would blame this on factors they couldn’t control, like fuel prices, this year, it’s about factors they can control — how many planes they fly and how many seats they offer. They’ve reduced capacity, so more people are competing for fewer seats.

Among the cities most affected by the hikes are Tampa, Atlanta, Washington D.C., Chicago, New York City, Phoenix, and Las Vegas.

So how can you cut the cost of your travel this year? Change when you fly. The week after Thanksgiving is traditionally the dead week. Nobody flies then. Same the week of New Year’s. That’s when cost-conscious travelers will fly.

Travelers who decide to go outside the U.S. may also get a discount. Europe doesn’t care about Thanksgiving. The airlines still have to fly those planes because of bilateral agreements with governments. Those planes will be relatively empty.

Thanksgiving in Paris? Why not?