Timing is everything in travel booking and is what can save you dollars on airfare. The correct timing can shave the money off that airfare, depending on the day you book your ticket. Which days give you the best value, why those days are the best deals, and what else you can do to find the best fare for your money are all questions in this blog.
Long before determining what is the best day to book, it pays to investigate just how airlines are pricing their tickets. Most airlines use a method called predictive analytics to dynamically vary their price in real-time with consumer behavior and their booking patterns. That is why you can see an incredibly low price one day and then go up the next. Knowing these dynamics will give you a higher chance of booking at the right time.
Pattern analysis in flight prices has been ongoing for ages with travel industry experts and analysts trying to find the best day of booking. Their numerous studies show that the two best days to book cheap flights are Tuesday and Wednesday.
Let's dive deeper into the case of Tuesdays and Wednesdays. While those are the best days for booking, it does help to distinguish between the best day to book and the best day to fly.
Both last-minute bookings and advanced bookings can take one to cheap flights, but both do offer their benefits. Last-minute deals help save one a penny or two, especially when the airlines have fewer seats to be filled on a specific route before takeoff. On the other hand, this approach includes a degree of uncertainty because it's better suited for flexible people who do not mind spontaneity. Booking, however, tends to have the cheapest rate for busy routes and peak travel seasons. So book well in advance to ensure to get lower prices since the demand is high.
Then there's also the best of both, and this can be sought through the use of fare alert tools and consideration of flexible dates and locations as well as lesser-known budget airlines. Even all these combined can do the trick to maximize your chances of finding the cheapest flights.
The overlapping booking and travel days on Tuesday and Wednesday make both good days for thrifty flyers. So flying midweek and booking midweek is one of the best pairs of strategies that a frequent flyer can get to afford cheap flights.
This is usually Tuesday or Wednesday, but midweek days are the best days to find a value ticket. The keys to booking the cheapest flight are flexibility, planning, and knowing when to move.