SOUTHLAKE, Texas--(BUSINESS WIRE)--Travelocity’s Travel Pricing Barometer has identified the next week (July 28 – August 3) as likely being the best time to find cheap flights for Labor Day weekend, based on historical data. The Barometer also identifies the destinations where travelers are most likely to find hotel deals over summer’s last three-day weekend.
Travelocity analyzed four years of historical data to identify the best week to buy domestic airfare. Based on the data, the best time to buy has historically been five weeks before Labor Day weekend, which corresponds to the dates July 28 – August 3 in 2011. Come August 4, fares may start to rise. Historical data shows procrastinators could pay as much as 21 percent more for their flights.
| Weeks Until Labor Day Weekend | Avg. Price Paid 2007 - 2010 | Corresponding Dates in 2011 | ||||
| More Than Six Weeks | $301 RT | Before July 21 | ||||
| Six Weeks | $288 RT | July 21 – July 27 | ||||
|
Five Weeks |
$285 RT |
July 28 – August 3 |
||||
| Four Weeks | $289 RT | August 4 – August 10 | ||||
| Three Weeks | $294 RT | August 11 – August 17 | ||||
| Two Weeks | $303 RT | August 18 – August 24 | ||||
| One Week | $338 RT | August 25 – August 31 | ||||
| Less Than One Week | $344 RT | After August 31 | ||||
Hotel rates for the upcoming holiday weekend were analyzed to find the top 10 destinations with an average daily rate lower than the national average.
Top 10 Destinations for Hotel Value Over Labor Day Weekend:
|
Reno hotels: $108 / night |
San Diego hotels: $136 / night |
||
|
Orlando hotels: $119 / night |
South Florida hotels: $136 / night |
||
|
Las Vegas hotels: $133 / night |
Washington DC hotels: $136 / night | ||
|
New Orleans hotels: $135 / night |
Los Angeles hotels: $138 / night | ||
| Atlanta hotels: $136 / night | Dallas hotels: $141 / night | ||
“The Travel Pricing Barometer is a useful tool to identify the best times to book and where to find the best hotel deals,” said Genevieve Shaw Brown, Editorial Director and creator of the Travel Pricing Barometer. “Travelers who plan to book trips over Labor Day weekend that require both airfare and hotel stays should book those trip elements at the same time, as vacation packages can save consumers up to $525.”
About Travelocity Global
Travelocity® is committed to being the traveler's champion – before, during and after the trip – and provides the most comprehensive and proactive guarantee in the industry (http://www.travelocity.com/guarantee). This customer-driven focus, backed by 24/7 live phone support, competitive prices and powerful shopping technology has made Travelocity one of the largest travel companies in the world. Travelocity also owns and operates: Travelocity Business® for corporate travel; igougo.com, a leading online travel community; lastminute.com, a leader in European online travel; and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation, a world leader in travel marketing and distribution.