Thankfully, there are plenty of ways to save money on flights and lodging that don’t involve eschewing them altogether—life hacks I didn’t even realize existed until I began reporting this story. Like, did you know you can download apps that will alert you the moment the price goes down on that flight you had your eye on? Or that hotels will often offer you better deals on rooms you’ve already booked if you find that room available for a cheaper price after the fact on some other site? The list goes on. And here it is:
Want to increase your odds of booking at the right time? Check out the Best Time to Book tool, which gives an indication of the best time to book your tickets between set routes for hundreds of destinations – and the cheapest months to travel, too. So whether you want to book a dream trip to Tokyo or a citybreak to Krakow, it’ll tell you how far ahead to book – and which months to travel – to maximise your chances of the lowest fares.
When it comes to some things in life -like Coachella tickets and restaurant reservations on Valentine’s day- it pays to book early. The same can’t always be said for booking flights. Flash sales or low booking rates can drop airfare prices as your travel date approaches. Be careful though- waiting too long can cost you big time too. Studies show the sweet spot is around 6 weeks before your domestic travel dates or 12 weeks before international travel dates. Everything else aside be prepared to book a ticket to one of your bucket list destinations on a whim when you hear of a sale!
While there are many other third-party ticket resale websites, the other most common place you can sometimes sell is via the place where you bought the tickets. The best example is Ticketmaster, which allows for reselling tickets to some but not all events for which it is the primary ticket seller. Many season ticket holders have the ability to sell their tickets through the sports team’s website, which is sometimes run by Ticketmaster (or sometimes StubHub for resale purposes, as is the case with Major League Baseball).
Brilliant advice, although people should make sure if they are using multiple airlines ticketed separately that they have good travel insurance. Airlines ticketed separately have no obligation if, say, the first flight is delayed and you miss your second flight. I have also had issues with lost luggage before, when airline one booked it straight through when I was ticketed separately on to airline two: both point the finger at the other and you don’t get anywhere fast! Good insurance is a must and good practice anyway!
The Simple Moving Average is first on the list of scalping indicator that can be used to create a very simple strategy. The simple moving average shows the average price over a specific time period allowing you to know if the price is going up or down, thus identifying a trend. So for example, if you wanted to plot the 7 period on a 10-minute chart, you would add all the closing prices of the last 70 minutes and divide that number by 7. If you want to learn how to calculate simple moving averages and other types of moving averages check out this post.
Step 3: Watch and wait. This is the nerve-wracking bit. You'll need to wait at least 24 hours until you switch your Flexifare tickets to the dates you want. You'll be able to move each ticket by up to one week before or three weeks after, if there's space on a flight. You can change the dates as many times as you like – but if there's no availability, you won't be able to switch.
Ticket brokers play a very important middleman role for fans wanting to score premium seats to concerts, sporting events, award shows, or theater productions. Instead of having to stress out about playing the ticket lottery and settling for seats in the nosebleeds, services like StubHub give fans the option of choosing exactly where they’d like to sit for the show—no surprises, no disappointments.
Any more time and you might want to consider a more unplanned trip that utilises budget airlines and cheap off-season one way tickets. It’s not unreasonable to be able to do an around the world trip using the buy-as-you-go method for half the price of a true RTW ticket. And the freedom you get from having an unplanned itinerary is fun and liberating.
In fact, when we checked, we found that a family of four flying to Tenerife could save £160 if they switched from London Luton to Gatwick, and a family flying to Malaga could save £188 flying from Gatwick instead of Southend. But the reverse can also be true, and our data doesn’t give any solid answers as to whether you’ll typically save by booking at a smaller airport or a larger one.
There is a possibility that airlines do not honor the booking of a flight with an error fare and cancel the reject your reservation (and, of course, refund your money). Therefore, it is advisable to wait at least 14 days after the purchase, before you begin to arrange accommodation and other travel logistics. Bear in mind, that even if you receive a confirmation email after your purchase, you are still not on the 'safe' side yet. However, if you also get an electronic flight ticket ... well, then there is a high probability that you will get away with it. :)
When buying tickets in ebay, there are many things that one should look out for. Anyone can run an ebay auction, but if you are going to buy tickets, such as a concert ticket, on ebay then you will need to make sure that it is from a reputable seller. The way to do this is to check their member profile rating. This will allow you to view how many good ticket transactions they have had, as well as if anyone suggests that the seller ripped them off. If a seller has more than a year of expereince selling at least 100 tickets on ebay and has had no complaints of any being fake, then you should feel comfortble buying tickets through them.
Let's say you've done your best to find the lowest fare, and then the day after purchase your non-refundable fare goes down $100. Sure, if you ask for it you can get a refund for the difference, but it's a little-known fact that some airlines will charge you a "service" or "administrative" fee as high as $100 for domestic fares or from $200-$300 on international ones, wiping out any savings. United, however, will give you the entire fare difference without extracting a fee, as will U.S. Airways (which prominently displays this policy on its site) and JetBlue as long as you accept the reimbursement in the form of a voucher good for future travel. Northwest charges just $25, for both domestic and international fares. American and Delta extract the $100-$300 fees; Southwest gives you a credit for a future flight without charging a fee. Even on these less generous airlines, however, we've heard of plenty of instances where a polite entreaty will get you a full fare difference refund without the penalties, so it's worth try.
Who likes ticket scalpers? Pose that question to a room full of average Joe’s and the showing of hands will be few. Call them mean, sharks, cheaters, or the lowest of the low, the reality is, they have little issue with their reputation. And name calling will not get you the tickets they have for the event you want to see. The fact is, most scalpers are very shrewd business people with excellent negotiating skills. Like a stock broker they buy low and sell high. So here is a quick list of five do’s and don’ts when seeking to buy tickets from a street scalper (in places where such activity is legal, of course!).
Within a few moments, a massive man in a Mets hat offered him two tickets for $450. It seemed like a lot, but Arakelian accepted almost immediately. And as I watched him enter the Beacon — these tickets worked — I was struck by the economic oddness of the whole experience. Tom Petty is a scalper’s dream. He may still be able to sell out Madison Square Garden, but he often prefers smaller venues like the Beacon, where there is a large demand for a shorter supply of tickets. Petty also insists on keeping tickets below market price. And while I can see why a veteran artist would try to accommodate his fans, I also wondered why Petty and his promoter would price tickets so low when there were clearly people willing to pay much, much more.
How to 'Scalp' tickets (online) is a similar process. As mentioned above, all you have to do is buy tickets and resell them for a higher price. The harder thing to do is select which tickets to buy exactly. Selecting a show that will sell out is the most important factor of being successful with online ticket scalping. In order to scalp, or take a little bit of gain on the ticket scalping economics, you need to ensure the price increases.
But there are ways for the passengers to save on increasingly pricey air travel. You can do the obvious stuff, like book flights that are on a weekday, at an odd hour, or headed to a non-hub airport. You can be diligent in comparing prices through sites like Priceline and CheapAir. And then, of course, there's the well-worn Tuesday trick, which is, simply: Book your flights on a Tuesday. (Airlines typically release sales on Tuesdays, and then end up competing against each other to offer the most enticing price. It's a rare moment where the consumer actually wins, for a change, in this cutthroat market.)
And the third sort of interesting thing is that demand comes in waves. So when tickets go on sale, there’s a lot of demand initially, but there’s also more demand over time. So, for instance, in the music market, the sort of rule of thumb is whatever you sell in the first five days, you double that, and that’s going to be your total attendance. So there’s this disconnect between selling and when the demand arrives. So a lot of times people just speculate and buy tickets, and they buy it up when tickets go on sale and later sell them to people who want tickets at a later date.
However, looking at three years’ worth of data (2015-2017), we found that travellers who bought their tickets on a Saturday paid on average 5% more than those who went online to make their purchase on a Monday. On a £500 flight, that’s £25. While it might not make a huge difference for the cheapest fares (after all, how much lower can a £9.99 flight go?), for group trips or pricey flights, it could be worth the wait.
It looks like both scalpers and ticket brokers are here to stay because neither show any signs of slowing down. About 30 percent of concert tickets are sold on the second hand market, according to USA Today, who says scalpers and ticket brokers take in more than $1.5 billion a year reselling concert tickets. So make educated decisions when dealing with scalpers and ticket brokers.
Conor Boyland explains this concept in further detail: “What I usually do if I’m forced to buy a ticket on the street, is ask to see all of the tickets. check the numbercode (numbers above the barcode), if all of the numbers, or even a few pairs, match; they are fakes.” Also, know the the original cost of the ticket and be sure to check the one you’re buying to make sure it’s correct.