Sunday, May 04, 2014

Travel Junkie - An Addiction Not to Be Resolved

As most people know, I am a travel junkie. Not that I am always on the go, I would like to be, but in the meantime, I read everything travel related. Through the years, I have learned to filter what I subscribe as pertinent information, leaving the fluff pieces behind.

Yesterday, Ron came across a New York Times article that held merit, so he forwarded it on. It is titled Crunching the Numbers to Find the Best Airfare and you can find it here

The crux of the article explains what many have suspected; there are a number of outdated ideas on which day of the week is best to buy airline tickets. Airlines change their rates hundreds of times a week, depending on the competition and capacity load.

This is where the article really strikes gold. The author, Seth Kugel, points the reader to a new online service called Hopper Research. Start on their research page, but continue on to the Tools page. 

Just playing with a trip from Budapest, Hungary to Quito, Ecuador I was able to retrieve this information.
Market summary report for Budapest (BUD) to Quito (UIO)

The cheapest flights from Budapest to Quito are selling for about $1777 round trip. The cheapest round trip flights we've seen for any dates in the next six months were priced from about $1753-1753 (with stops) .

Last week's weighted average round-trip ticket price from Budapest to Quito dropped by -0.1% to $1777.07 as compared to $1778.47 the prior month.

The average demand rose 1.6% to 1 flight searches per day compared to 1 daily searches during the previous four weeks.

Flight route map for Budapest (BUD) to Quito (UIO)

Ferihegy airport (BUD) near Budapest, Hungary is 6587 miles from Mariscal Sucre Intl airport (UIO) near Quito, Ecuador, as calculated by great circle distance. Typical flights with stops take about 18h00m.

Budapest to Quito is the 123824th most popular route overall, with Quito the 201th most popular destination from Budapest. Budapest is ranked 188th of all origins arriving in Quito.
Current market popularity and price:

The calendar summarizes the trips that other travellers are currently planning. It shows the best prices we’ve seen to put you in Quito on any given day (not necessarily departing on that date), as well as the dates that are most popular with other travellers. The cheapest dates are more darkly shaded, and heavily circled days are when more people from Budapest are planning to be in Quito, averaged across all of the flights we’ve analyzed. (Days where we have no data are shown in white.) To give a true picture of the relative popularity of future dates, we adjust the data to account for the fact that people tend to book their flights nearer to departure.

Tons more information is waiting for your exploration through the various pages of this site, more than I can summarize. You will be amazed at the valuable information they are able to collect to save you money.
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