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Travelocity Travel Pricing Barometer Finds Now is Best for Booking Memorial Day Airfare

Dépèche transmise le 3 mai 2011 par Business Wire

Travelocity Travel Pricing Barometer Finds Now is Best for Booking Memorial Day Airfare

Travelocity Travel Pricing Barometer Finds Now is Best for Booking Memorial Day Airfare

SOUTHLAKE, Texas--(BUSINESS WIRE)--Travelocity’s new Travel Pricing Barometer shows right now may be a great time to find cheap flights for Memorial Day weekend. Four years (2007 – 2010) of booking data for the holiday weekend were analyzed in an attempt to find a ‘sweet spot’ and potentially save consumers money at the same time.

“Travelers who haven’t yet booked their Memorial Day weekend air travel can use this information as a guide when booking. Based on historical data, right now is probably the best time to get a deal for the holiday weekend”

Aggregate pricing shows that there has historically been a slight dip in airfare four weeks before Memorial Day (-2 percent) as compared to five weeks out. The historical data also show a slight price increase (1 percent) three weeks out followed by a more dramatic increase of five percent two weeks out and a 16 percent spike one week out.

Weeks until Memorial Day weekend       Average price paid 2007-2010       Corresponding dates in 2011
Five weeks out       $307       April 21 – April 27
Four weeks out       $302       April 28 – May 4
Three weeks out       $306       May 5 – May 11
Two weeks out       $322       May 12 – May 18
One week out       $356       May 19 – May 25

“Travelers who haven’t yet booked their Memorial Day weekend air travel can use this information as a guide when booking. Based on historical data, right now is probably the best time to get a deal for the holiday weekend,” said Genevieve Shaw Brown, senior editor at Travelocity and creator of the Travel Pricing Barometer.

About Travelocity Global

Travelocity® is committed to being the traveler's champion – before, during and after the trip – and provides the most comprehensive and proactive guarantee in the industry (http://www.travelocity.com/guarantee). This customer-driven focus, backed by 24/7 live phone support, competitive prices and powerful shopping technology has made Travelocity one of the largest travel companies in the world. Travelocity also owns and operates: Travelocity Business® for corporate travel; igougo.com, a leading online travel community; lastminute.com, a leader in European online travel; and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation, a world leader in travel marketing and distribution.

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