North America's most popular holiday destination is...?

Fliers this year can expect to pay about 8 percent more for holiday airfares and 6 percent more for New Year's airfares to top destinations than in 2011, according to a study released by Orbitz Monday. But some locations saw prices for flights and hotels drop.

The Orbitz (OWW) Holiday Travel Insider Index analyzed hotel and flight booking data from its website to rank the most popular holidays destinations for 2012. The study provides the top 10 holiday destinations for Christmas and New Year's, evaluating the average airfare and daily hotel rates in each of the most popular markets.