Just think about it for a second. At any given time, you’re going to have tickets on sale for dozens of different shows, all at different purchase prices, all at different sell prices, all in different seat locations, and all on different dates. If you think you’re capable of keeping all this information in your head, think again. You’re going to need a system.
“A lot of hotel chains have a ‘best rate guarantee’ policy; if you’ve booked a room and find a cheaper rate for it on a hotel aggregation site like Hotels.com, Expedia.com, or Priceline.com, the hotel might credit you the difference, give you cash, give you points, or offer you a discount on your stay. Every hotel is different, so familiarize yourself with the policy. Typically, you only have 24 hours to find and present them with the better rate.” —Mona Molayem
Airline credit cards generally lure you in with promises of free bags, but other credit cards offer this perk, too -- take five minutes and call your credit card company to see if this applies. Many companies also automatically offer travel insurance, which means you won’t need to buy that from the airline either. Just remember travel insurance isn’t “I decided to sleep in” insurance, and only applies in situations stipulated in the policy. So maybe read up on that.
My husband and I are flying from San Francisco to Paris on August 31 and returning October 4. In the last several months, ticket prices have risen from $1400 – $1700 for economy seats. We fly every year and never pay anywhere near this for this much. Do you have any advice as to when we should book? We’d rather fly nonstop, but could do it with one short layover.
The simplest way to sell tickets is also not surprisingly the most expensive. You are probably familiar with StubHub.com. Much like its parent company, eBay, it has become the de facto market leader in its space. This is both good and bad. The good news is that buyers know to look there and are generally confident to buy there, given its “Fan Protect” guarantee. Unfortunately, as a seller, you pay a steep ~25% to sell there.
Some think that aggregators such as Skyscanner or Kayak always lead to an online travel agent (OTA) with the cheapest flight price. But while they can help with some airlines, others are better booked directly. These include low-cost carriers such as Norwegian, and charter airlines such as Thomas Cook. Anything but a standard full-service international carrier will often have cheaper prices if you book through the airline itself.
Hi David, I’m looking to fly to Rome 5/28/18 to 6/4/18 from LAX. I’m currently looking at Norwegian Air’s direct flights — their lowest tier is about $850 and LowFare+ (with seat choice, checked bag, meals) is about $1k. The list of tips recommend I wait a few more weeks before buying but I was just wondering if you think it would still be a good idea to wait? Is it likely to drop in the next month? Thank you!
Few products are so underpriced that an entire subsidiary industry exists to take advantage of the discrepancy. When there is excess demand for a new car or phone, some people might sell theirs at a markup on eBay, but there’s nobody across the street from the dealership or Best Buy offering it right away for double the sticker price; there certainly isn’t an entire corporation built on exploiting companies’ failure to properly price items initially. Yet concerts and sporting events consistently price their tickets low enough that street scalpers risk jail time to hawk marked-up tickets, and StubHub makes hundreds of millions a year in revenue.