Stats: Save 10 Percent on Thanksgiving Flights by Booking Now

Top down view of a Thanksgiving dinner on a table
Photo by Rawpixel Ltd/iStock/Getty Images Plus/Getty Images

The best time to get cheap flight deals on Thanksgiving travel starts today, according to new data from Expedia.

Thanksgiving and Christmas are two of the busiest travel periods each year, and in 2016, Expedia data showed more than 85 percent of holiday travelers missed out on locking in the lowest fares.

"Timing is a big factor in getting a good deal on airfare," said Sarah Gavin, vice president of global communications for Expedia. "People typically know pretty far in advance whether they're going to travel for the holidays, so it's a good idea to keep an eye on prices months out. Even with holiday travel, a general rule of thumb applies: If you find a fare that seems like a good deal, buy it."

DAILY NEWS & DEALS NEWSLETTER

Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.

When to Book for Thanksgiving

According to Expedia flight data for 2016, the sweet spot for booking Thanksgiving travel is 61-90 days out. Travelers who booked during that timeframe saw savings of up to 10 percent, while those that waited until the last minute, zero to six days out, paid more than 20 percent above the average ticket price. For 2017, the optimal window to book and save begins today and runs through September 23.

When to Book for Christmas

For Christmas, the cheapest time to book travel is 14-20 days out, where travelers saw savings of around 5 percent in 2016. Like Thanksgiving, last minute bookers are in danger of paying a premium, more than 15 percent above average ticket prices.

Where to Go This Fall

As the summer comes to an end, many global destinations are heating up in terms of savings. Expedia flight data shows several destinations across Europe and Asia that are cheaper for U.S. travelers in the fall. During the months of September – November, these are the destinations where fall means savings:

Europe

  • France – nearly 20 percent cheaper
  • Greece – around 15 percent cheaper
  • Austria, Netherlands and Spain – nearly 15 percent cheaper
  • Italy and Portugal – nearly 10 percent cheaper
  • UK – around 10 percent cheaper

Asia/Pacific

  • China – nearly 20 percent cheaper
  • Philippines – around 20 percent cheaper
  • South Korea – more than 15 percent cheaper
  • India – nearly 15 percent cheaper
  • Australia – around 10 percent cheaper

Source: Expedia

Related Stories

Stats: Brexit Dissuading One in Five Young Travelers From UK

Stats: Over 50 Percent Cruise to Explore

Stats: Airfares to Drop 30 Percent August 23

Stats: Millennials Spend 1K Less on Vacation

Suggested Articles:

How does a U.S. presidential election affect travel? According to new research from Virtuoso, prepare for a slowdown. More here.

The Louvre is now advising that only those who have pre-booked will be guaranteed a glimpse of the Mona Lisa. Here's the latest.

Now, any Sandals or Beaches Resorts guest who becomes part of Sandals’ rewards program without a previous trip will automatically become part of a new “Member…