Here's a good idea. (Try it out with friends and co-workers who travel.)
"To get the best price on your airfare, book your ticket on a Tuesday.
As reported by the Wall Street Journal earlier this year, studies show that Tuesday consistently offers up the lowest ticket prices.
What's so special about Tuesday?
Well...the airline industry goes through a weekly cycle.
Thursday night is the time most airlines choose to raise their prices. Then, they wait over the weekend to see if their competitors match and the higher price sticks. If competitors fail to follow suit, prices can be rolled back Monday morning. Also, as the WSJ article explains, most airlines don't manage their inventory over the weekend. If cheap seats sell on some flights, prices automatically jump (making the weekend a more expensive time to book). Airlines may later decide to offer more seats at cheaper
prices...but not until after the weekend. And, those fares usually kick in by Tuesday."
(The above good idea courtesy of "The Writer's Life" newsletter.)
P.S. If you're on the lookout for good ideas, they are everywhere!
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Until next week's tip,
Loren
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