July 29th, 2008 by Tim Uden
It is commonplace for airlines to use a yield management pricing structure and other forms of transport such as buses and trains are also starting to use this pricing system. Basically this means that the advertised prices refer to the cheapest seats, which sell out first; leaving the more expensive seats for those who don’t book ahead. In other words busier travel times are more expensive than off-peak times unless you book well in advance.
Naked Bus (a New Zealand-based low-cost intercity bus operator) reveals that Tuesdays and Wednesdays are generally the cheapest days to travel as there are fewer other people travelling on these days and less competition for the cheapest seats.
Obviously the cheapest days and more expensive days to travel depend on the mode of transport and whether it is a leisure or business destination; but in most cases Tuesdays and Wednesdays are the cheapest days to travel.
Travel to weekend break destinations will be more expensive on Friday nights, Saturday mornings, Sunday nights and early Monday mornings and air travel to business destinations usually costs more early morning and in the evening, but is often cheaper around midday (especially midweek).
You’ll save money by booking well in advance, but often it is difficult to book too far in advance especially if you want to keep an element of spontaneity. However it always pays to be flexible with your travel days and check a couple of days either side of your planned travel day to ensure you don’t miss out of a bargain.
August 7th, 2008 at 2:40 am
We find that the busiest days are Fridays and Sundays - mainly because of domestic travellers going away for the weekend. Mondays are relatively busy for the same reason. For some reason Tuesdays and Wednesdays are particularly light.
This is why we highlighted this on our website. It pasys to look around for the cheapest date. Thanks for publicising it - we are keen to assist our customers in finding cheap travel dates
Hamish - nakedbus.com