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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
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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