While a lot of airlines will offer sales at the beginning of the work week, if you can't find a special deal, you might save some money by booking your flight during the weekend.Researchers from Texas A&M University analyzed flight pricing data from 2004, and found that on routes frequented by both business and leisure travelers, flights were 7% cheaper on average when booked on a weekend. Since the same discrepancy didn't apply to tourist-heavy destinations like Orlando or Las Vegas, the researchers theorized that business people using corporate credit cards typically booked their flights during the week, but budget-conscious leisure travelers paying out of pocket tended to plan their trips over the weekend, forcing the airlines to offer better deals on Saturday on Sunday. Depending on your destination and airline, it might not make a difference for you, but it's a trend worth keeping an eye on next time you're planning a vacation.Of course, you can always maximize your savings by booking about two months before your flight, and by using sites like Kayak to comparison shop among all of your options.Price Discrimination by Day-of-Week Purchase: Evidence from the U.S. Airline Industry (PDF) | Texas A&M University via Main StreetPhoto by Chalabala (Shutterstock).
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Showing posts with label Flights. Show all posts
Showing posts with label Flights. Show all posts
Wednesday, October 23, 2013
Book Certain Flights on Weekends For Cheaper Fares
While a lot of airlines will offer sales at the beginning of the work week, if you can't find a special deal, you might save some money by booking your flight during the weekend.Researchers from Texas A&M University analyzed flight pricing data from 2004, and found that on routes frequented by both business and leisure travelers, flights were 7% cheaper on average when booked on a weekend. Since the same discrepancy didn't apply to tourist-heavy destinations like Orlando or Las Vegas, the researchers theorized that business people using corporate credit cards typically booked their flights during the week, but budget-conscious leisure travelers paying out of pocket tended to plan their trips over the weekend, forcing the airlines to offer better deals on Saturday on Sunday. Depending on your destination and airline, it might not make a difference for you, but it's a trend worth keeping an eye on next time you're planning a vacation.Of course, you can always maximize your savings by booking about two months before your flight, and by using sites like Kayak to comparison shop among all of your options.Price Discrimination by Day-of-Week Purchase: Evidence from the U.S. Airline Industry (PDF) | Texas A&M University via Main StreetPhoto by Chalabala (Shutterstock).
Wednesday, June 26, 2013
Ask About Repositioning Flights and Cruises to Get a Better Deal
When searching for a vacation online, you might not get the best deal. Susan Johnston, writing for US News, reports that asking about repositioning flights and cruises can save you a lot.Airlines use repositioning flights to move aircrafts from one airport to another, and the same applies to cruise lines, which typically reposition ships twice a year. These flights or cruises tend to be cheaper but provide services similar to traditional offerings, according to Greenberg. He suggests asking about these options on the phone.Next time you're taking a vacation and the cost seems a bit high, call your airline(s) of choice and ask about repositioning flights. You might just save some hard-earned cash.5 Budget Travel Tips You Haven't Heard Before | US NewsImage by file404 (Shutterstock).
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