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PostPosted: Fri Apr 13, 2007 7:02 am 
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The local morning news had a travel expert and she says that the best time to book is:

via phone: Sunday after 5:15pm
via internet: Sunday after midnight


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PostPosted: Fri Apr 13, 2007 10:55 am 
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Orange wrote:
The local morning news had a travel expert and she says that the best time to book is:

via phone: Sunday after 5:15pm
via internet: Sunday after midnight


Just curious - Why?


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PostPosted: Fri Apr 13, 2007 10:57 am 
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Mrmrmr wrote:
Just curious - Why?

I'd guess that it's all based on historical statistics. That must be the slowest times of the week, where reservation demands are their lowest. :?

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PostPosted: Fri Apr 13, 2007 11:34 am 
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Mrmrmr wrote:
Just curious - Why?


She didn't say and the reporter didn't ask.


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PostPosted: Fri Apr 13, 2007 11:53 am 
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Mucho Gusto wrote:
Mrmrmr wrote:
Just curious - Why?

I'd guess that it's all based on historical statistics. That must be the slowest times of the week, where reservation demands are their lowest. :?


You are most likely correct in that observation MG unfortunately that does not mean you will get the best price at those times. I read somewhere the best time to book for price is on Tuesday or Wednesday night just after midnight. Have no idea if that is good information and if it applies to all carriers or just a few.

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PostPosted: Fri Apr 13, 2007 12:53 pm 
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The local paper had a column on aire travel tips, and this one was mentioned. The price changes ennter the phone reservation system first, then take a few hours to filter down into the web servers.


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PostPosted: Sat Apr 14, 2007 7:52 am 
Mrmrmr wrote:
Orange wrote:
The local morning news had a travel expert and she says that the best time to book is:

via phone: Sunday after 5:15pm
via internet: Sunday after midnight


Just curious - Why?


Prices in the Airline Ticket market function just like any other commodity market. It is purely a function of supply and demand. Not only are airline tickets a commodity, they are a commodity that expires over time. For obvious reasons, demand tends to be lower in the late hours on Sundays for the simple reason there are fewer buyers in the market. Every airline is competing for the same lower number of customers during those low demand times. In an effort to keep their sales volume up, and expiring inventories at acceptable target levels , they entice customers with lower thier prices in order to compete effectivley for that limited number of buyers.


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