A new report by Expedia, Inc. (Expedia) and the Airlines Reporting Corporation (ARC) unlocks ways to save money on travel, including the best day to book a flight
LONDON, Jan. 30, 2018 /PRNewswire/ -- Today's travellers have more options and opportunities than ever before. New routes, new planes, new on-board traveller comforts, and updated loyalty benefits are all combining to drive continually increasing demand for air travel worldwide. With historic profitability across the industry, airlines are investing heavily in making the customer experience even better from the time of shopping and ticketing to the return trip home.
Expedia and ARC, a leader of air travel intelligence and commerce in the travel industry, have released the findings of the fourth annual ARC Air Travel Outlook Report, a hallmark collaboration between two leaders in air travel.
"Deciding on the right flight can be a time consuming and complex task; many travellers make up to 50 online searches before deciding on a flight. At Expedia, we want to make comparing flight options simpler. We've created a global marketplace of travel that brings together more than 500 airlines, more than 500,000 lodging properties and thousands of other travel suppliers so people can find a range of choices in one place." – Greg Schulze Senior Vice President, Commercial Strategy and Services Expedia Inc.
Busting the "last minute" myth:
Despite popular belief in the benefits of last-minute booking, in most parts of the world, economy fares tend to increase as departure date gets closer. Booking a flight more than 30 days ahead of departure is when travellers are most likely to find the lowest Average Ticket Prices for economy and premium cabin air travel.
"Expedia is constantly looking for ways to improve the experience of booking travel. Finding patterns in data is at the core of what we do. Our algorithms use data science to analyse approximately 19 quadrillion potential flight itineraries and filter them to display the most relevant options for each journey," said Greg Schulze, Senior Vice President, Expedia. "When it comes to saving on flights, booking early, and taking advantage of the other unique ways to save on Expedia, will help people go places for less."
Best day to book and best day to travel:
For most international economy flights, our advice is to book on a Sunday and start your journey on a Friday
For most domestic economy flights, our advice is to book on a Sunday and start your journey on a Saturday
Knowing this just means the next time you get that feeling of dread that it's reached Sunday night with a new week of work slowly creeping up on you, sit back with a glass of wine or delicious cup of tea and book your next trip, knowing you'll be booking at the best time and having something to look forward to that will get you through the working week quicker. And if you're in need of help deciding just where to look, start with this guide on Winter Sun destinations and escape the cold weather even just for a long weekend.
What months offer the best fares?
Expedia and ARC experts compared the average ticket prices paid for flights and found:
For UK economy international travelers, December had the highest average ticket price while May had the lowest.
About Expedia
Expedia® is one of the world's leading full-service online travel agents offering access to hundreds of thousands of hotels including boutique hotels as well as major hotel brand names and access to over 500 airlines along with a wide selection of car hire and destination experiences. By combining choice with specialist tools to help refine these options, Expedia.co.uk helps travellers to find and create the trip that best matches their individual requirements. Now with the award-winning Expedia mobile app you can plan and book flights and hotels on the move. The Expedia app offers helpful tools to manage your trip including: airport terminal maps; hotel check out time and flight status notifications; maps to your hotel and a host of other features. Expedia.co.uk partners with loyalty programme Nectar in the UK enabling its customers to collect 200 Nectar points on flight only, hotel or car hire bookings and 1000 points on package purchases through www.expedia.co.uk.
Expedia.co.uk is owned and operated by Expedia, Inc.. Expedia delivers consumers value in leisure and business travel, drives incremental demand and direct bookings to travel suppliers, and provides advertisers the opportunity to reach a highly valuable audience of in-market travel consumers through Expedia Media Solutions. Expedia also powers bookings for some of the world's leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia(r) Affiliate Network. (NASDAQ: EXPE) For corporate and industry news and views, visit us at www.expediainc.com or follow us on Twitter @expediainc. Trademarks and logos are the property of their respective owners. (c) 2018 Expedia, Inc. All rights reserved. CST: 2029030-50
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