We all love to save money and luckily for you, Expedia and the Airlines Reporting Corporation (ARC) have revealed the best time to book your flights for big savings.
Their 2019 Travel Pricing Outlook includes airfare and, for the first time, lodging savings tips.
“Data specialists from both ARC and Expedia Group analyzed ARC’s global flight data and Expedia Group’s lodging trends to distill actionable information to help people save money on travel” reads the report.
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“While it’s impossible to guarantee when to find the lowest prices, after examining the variables – including when travellers make their online bookings, the days they begin their journeys and the length of their trips – one central theme stands out: timing matters”.
Best Time To Book Your Flights
According to the report, booking three weeks ahead of a trip is the “sweet spot” for fare savings and this applies to most parts of the world – regardless of destination.
Expedia also says you can save big when you book flights on the weekend. Economy and premium cabin ATPs tend to be lower when booked on a weekend, usually on a Sunday. Many people save up to 20%, and some can save as much as 36% by booking on a Sunday.
The most expensive tickets? They tend to be booked on Thursdays and Fridays.
As for hotels, it’s best to book them on a Friday. Unlike airfares, the most expensive day to book a hotel is generally on a Sunday.
Expedia and ARC also recommend starting the journey on a Thursday or Friday. Travellers can “save around 10% on airfares by simply choosing flights that take off on Thursday or Friday” reads the report.
Finally, the report suggests extending short, weekday-only trips to include a Saturday night. You can save around 25% of the weekday-only return fare by extending weekday travel (Monday-Friday) to include a Saturday night in-destination.
As the warmer weather is just on the horizon, these useful tips can help you save a considerable amount of money on your upcoming holidays.
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