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




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