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.