ARC and Expedia Release 2017 Annual Global Air Travel Outlook

Guía de Regalos

Global Trends Point to Falling Ticket Prices and Increasing Capacity

ARLINGTON, Va.–(BUSINESS WIRE)–Airlines Reporting Corporation (ARC) in partnership with Expedia, Inc.
(NASDAQ: EXPE), today released a comprehensive study of worldwide air
travel trends: New Heights for Air Travel: Understanding the
Realities of Dropping Ticket Prices and Surging Capacity
. Expedia
and ARC together conducted an original analysis of hundreds of millions
of airline tickets to spot trends that can be used to book air travel
with intelligence in 2017.

ARC contributed detailed insight and ticket information to the study
garnered from its data repository housing almost 12.5 billion passenger
flights. Some of the revelations this fourth study from ARC and Expedia
included:

  • Economy class average ticket prices are generally falling worldwide to
    their lowest point since 2013.
  • Travel between these regions saw the biggest price drop: South America
    to Southeast Asia, South America to Southern Europe and China to
    Southern Europe.
  • Out of 500 of the top destination airports, Jose Marti International
    Airport in Havana, Cuba, represents the greatest percentage change (up
    53 percent) in arriving travellers on commercial flights from 2015 to
    2016.
  • Weekends are when the least expensive tickets are booked, while
    Fridays are when the most expensive tickets are purchased. For travel
    with origins and destinations within the United States, Sunday is when
    the lowest ticket prices are booked; an average of 11 percent lower
    compared to Friday.
  • Purchasing air tickets in the U.S. at least 21 days in advance can
    potentially save about 34 percent to Europe and 17 percent
    domestically.

The complete ARC-Expedia study is available free at http://bit.ly/2gJc1tP.

Chuck Thackston, ARC’s managing director of enterprise information,
commented: “Overall ticket prices continue their multi-year decline and
we see nothing in the near-term data to suggest a change in this trend,
especially with the increase in airline seat capacity. As a company that
has visibility into what travelers are actually buying, and the ability
to apply sophisticated algorithms to make that information valuable and
useful, ARC is delighted once again to partner with Expedia for this
study. And what all the data show is no matter how you look at it, it’s
a great time to fly.”

“For today’s traveler, this confluence of circumstances – more planes,
lower prices, more destinations – is exceptional,” said Greg Schulze,
senior vice president, Expedia commercial strategy and services. “It
means that the barriers to booking a dream trip are lowered. It also
means that everyday travel – flights to see the family, work trips – are
likely to be easier to book at a lower price. Expedia and ARC enjoy
access to a wealth of data. Together, we are showing travelers that the
travel possibilities for 2017 are almost limitless.”

About ARC:

The Airlines Reporting Corporation (ARC) is the premier driver of air
travel intelligence and commerce in the travel industry with leading
business solutions, travel agency accreditation services, process and
financial management tools and high-quality data. In 2015, ARC settled
$88.3 billion worth of carrier ticket transactions for more than 9,400
travel agencies with 13,000 points of sale. Established in 1984, ARC is
headquartered in Arlington, Virginia, with offices in Louisville,
Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more
information, please visit www.arccorp.com
and www.twitter.com/arctalk.

About Expedia, Inc.

Expedia, Inc. is the world’s largest online travel company, with an
extensive brand portfolio that includes leading online travel brands,
such as:

  • Expedia.com®,
    a leading full service online travel company with localized sites in
    33 countries
  • Hotels.com®,
    a preeminent global lodging expert operating in more than 65 countries
    and 35 languages with its award winning Hotels.com® Rewards loyalty
    program
  • Orbitz
    Worldwide
    , including leading U.S. travel websites Orbitz.com and CheapTickets.com,
    as well as ebookers,
    a full service travel brand with websites in seven European countries
  • Expedia®
    Affiliate Network (EAN)
    , a global B2B brand that powers the hotel
    business of leading airlines, top consumer brands, online travel
    agencies and thousands of other partners through its API and template
    solutions
  • trivago®,
    a leading online hotel search with sites in 55 countries worldwide
  • HomeAway®,
    a global online marketplace for the vacation rental industry, which
    also includes the VRBOVacationRentals.comand BedandBreakfast.com brands,
    among others
  • Egencia®,
    a leading corporate travel management company
  • Travelocity®,
    a leading online travel brand in the U.S. and Canada delivering
    customer service when and where our customers need it with the
    Customer 1st Guarantee
  • Hotwire®,
    inspiring spontaneous travel through Hot Rate® deals
  • Expedia®
    Media Solutions
    , the advertising sales division of Expedia, Inc.
    that builds media partnerships and enables brand advertisers to target
    a highly-qualified audience of travel consumers
  • Wotif
    Group
    , a leading portfolio of travel brands including Wotif.com®, Wotif.co.nzlastminute.com.au®, lastminute.co.nz and travel.com.au®
  • Classic
    Vacations
    ®, a top luxury travel specialist
  • CarRentals.com,
    a premier online car rental booking company with localized sites in 13
    countries
  • Expedia
    Local Expert
    ®, a provider of online and in-market concierge
    services, activities, experiences and ground transportation in over a
    thousand destinations worldwide
  • Venere.com™,
    an online hotel reservation specialist in Europe
  • Expedia®
    CruiseShipCenters
    ®, a provider of exceptional value and expert
    advice for travelers booking cruises and vacations through its network
    of over 225 retail travel agency franchises across North America

For corporate and industry news and views, visit us at www.expediainc.com or
follow us on Twitter @expediainc.

©2016 Airlines Reporting Corporation (ARC). All rights reserved.

Contacts

Airlines Reporting Corporation
Peter Abzug, 703-816-8158
pabzug@arccorp.com
or
Expedia,
Inc.
Dave McNamee, 917-332-5039
dmcnamee@expedia.com
or
HL
Group
Devon Nagle, 646-460-8911
dnagle@hlgrp.com