Page 11 - Travelogue Venkat edited natalia
P. 11
When to book Tickets
Airlines revenue or yield management starts looking at
flight bookings about two months before the departure
date to visualize the booking-trends and decides the
cheapest price buckets to leave empty or may move
some seats into those buckets, if a couple of months
before the departure date, the flight is emptier than
expected. When travel is due on two to three weeks
before the departure date, the fare quotes remain
almost flat with an inclination in pricing due to the
bucket-list filling up on a faster move.
We, at Alanita Travel tend to monitor prices for several days and sometimes up to a week –
hoping for a potentially lower quote. It does not always helps, but sometimes we do manage to
save our customers with a considerable amount of money.
Prior to Two to three weeks before the departure date, the price quotes start increasing and
this is the time when the emergency/business travelers starts booking. Still, depletion of fares
are possible, while the possibility of price upward is much higher if you wait to book within this
time period. On this time-interval, you can see the significant differences between price
quotes, depending upon the dates and timeline of search.
$2,000
$1,500
$1,000
$500
$0
Week 1 Week 2 Week 4 Week 6 Week 8 Week 10
Illustrative representation of weekly historical pricing
P A G E 1 0
Journal published by Alanita Travel | www.alanitatravel.com