It has been debated for many years, but new report provides evidence that timing really does matter when it comes to booking travel
The Blue Swan Daily, 19 February 2019 – Airlines Reporting Corporation (ARC), in collaboration with Expedia Group has released a new report that suggests timing matters most when booking travel. The fifth annual study of worldwide air travel trends: 2019 Travel Pricing Outlook analyses air ticket purchase trends for the world’s most popular domestic and international routes from ARC’s global database of over two billion flight segments. This year’s report also includes money-saving strategies for booking hotels.
The study’s key finding indicates that purchase timing and trip longevity can influence the cost of an air ticket or hotel room. The research also suggests that common beliefs about ticket cost versus route structure may not be true in all cases and that travellers should consider other factors like travel stress and schedules before booking.
According to the research, average ticket prices (ATPs) for some of the world’s most popular domestic and international routes rose around 5% year-on-year in 2018. The increase happened against a backdrop of consistently low ATPs that had continued for many years in the US and around other regions of the world. Read more…
