The Best Time To Book
A Plane Ticket, According To New Study
A Plane Ticket, According To New Study
Posted: 03/01/2014
8:00 am
8:00 am
The answer? Are you ready? Are
you reeeally ready?
Fifty Four days before takeoff is, on average, when domestic airlineyou reeeally ready?
tickets are at their absolute lowest price. And if you don’t hit 54 days on the
head, you should usually book between 104 to 29 days before your trip -- within
the "prime booking window" -- for the lowest possible
prices. In this window, ticket prices typically hover within $10 of the lowest price they"ll ever reach.
At least that’s what the data
from 2013 tells us.
from 2013 tells us.
The folks at CheapAir spent the last year analyzing over four million airline trips. They tracked ticket prices from
320 days before takeoff all the way up until the day before, calculating
precisely which day each one hit its lowest point.
320 days before takeoff all the way up until the day before, calculating
precisely which day each one hit its lowest point.
Air travelers tend to believe
they’ll find the lowest of low prices when they book “at the last minute.”
This, according to all present data, is one hundred percent false.
they’ll find the lowest of low prices when they book “at the last minute.”
This, according to all present data, is one hundred percent false.
The researchers found that, on
average, a ticket was at its highest price on the day before the flight.
The second-highest price was two days before the flight, the third-highest was
three days before… and so on, all the way to 13 days before the flight.
average, a ticket was at its highest price on the day before the flight.
The second-highest price was two days before the flight, the third-highest was
three days before… and so on, all the way to 13 days before the flight.
This pretty much solidifies the
rule that you should NEVER book your ticket within two weeks of a flight… a
mistake that 36 percent od CheapAir users made when planning their trips.
rule that you should NEVER book your ticket within two weeks of a flight… a
mistake that 36 percent od CheapAir users made when planning their trips.
While the researchers found that
54 days was indeed the magic number for booking on average, they’re quick to
point out that this isn't a hard and fast rule: your flight’s “best price”
window depends a lot on the specific trip you’re taking.
54 days was indeed the magic number for booking on average, they’re quick to
point out that this isn't a hard and fast rule: your flight’s “best price”
window depends a lot on the specific trip you’re taking.
If you’re going somewhere
incredibly popular at an incredibly popular time -- like spring break in
Florida, for example -- you should book well before the “prime booking window”
begins. When there’s constant, strong demand for a flight, the researchers explain, airlines have no incentive to
lower ticket prices as time goes on. The same principle holds true for flights
to hard-to-reach airports in small cities: there’s little airline competition
here, so ticket prices don’t drop nearly as much over their lifespan.
incredibly popular at an incredibly popular time -- like spring break in
Florida, for example -- you should book well before the “prime booking window”
begins. When there’s constant, strong demand for a flight, the researchers explain, airlines have no incentive to
lower ticket prices as time goes on. The same principle holds true for flights
to hard-to-reach airports in small cities: there’s little airline competition
here, so ticket prices don’t drop nearly as much over their lifespan.
Foreign countries are incredibly
popular destinations with hard-to-reach airports, so the researchers suggest
booking much earlier than the 54 days recommended for domestic flights.
popular destinations with hard-to-reach airports, so the researchers suggest
booking much earlier than the 54 days recommended for domestic flights.
At Excelsior Limousine booking last minute is OK and not more expensive We’re doing a lot
more “short notice” rides in our luxury town cars and SUVs.
more “short notice” rides in our luxury town cars and SUVs.
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