What best defines the term 'economy season' in travel?

The term 'economy season' in travel is best defined as off-peak travel with lower rates. During this period, demand for travel services tends to be lower, which often results in reduced prices for accommodations, flights, and attractions. Travelers who choose to go during the economy season can benefit from significant savings compared to peak seasons when prices tend to be much higher due to increased demand.

Understanding this concept is crucial for budget-conscious travelers looking to maximize their travel experience while minimizing expenses. Off-peak times not only allow for lower rates but also often provide a more relaxed atmosphere at popular destinations due to decreased crowds. This contrasts with other definitions of travel seasons which focus on high demand periods or specific holiday times, which are typically associated with increased pricing and busier environments.