Expedia, Inc. Employs ARC Data for 2016 Air Travel Outlook Study
Examination of 300,000 Unique Routes and 10 Billion Tickets Offers
Fresh Air Travel Strategies
LAS VEGAS–(BUSINESS WIRE)–Expedia, Inc. (NASDAQ: EXPE), in partnership with Airlines Reporting
Corporation (ARC), today released its analysis of 2015 air travel trends
and predictions for 2016. Expedia® created Preparing for
Take-Off: Air Travel Outlook for 2016 based on its own comprehensive
data, ARC’s more than 10 billion ticket records, as well as other
credible industry sources. The report was released at the 2015 Expedia
Partner Conference currently taking place in Las Vegas, Nevada.
This is the third study from Expedia and ARC and focuses on North
America and Europe as data indicated those regions are showing great
value for travellers heading into 2016. The report covers in detail
topics such as ticket pricing on global and intra-North American and
European market levels, the benefits of buying air tickets early and an
analysis of the best day to purchase an air ticket. Overall, the
analysis by Expedia using data from ARC predicts that airfares are
expected to continue to trend downward in 2016 as carriers continue to
add capacity.
“It’s our pleasure to once again collaborate with Expedia on this
important industry study,” said Chuck Thackston, ARC’s managing director
of enterprise information. “Expedia, armed with ARC’s global ticketing
data, provides unmatched knowledge about the state of air travel
offering valuable insights for leisure and corporate travelers to use
when booking flights. We look forward to continue to partner with
Expedia in the future.”
Greg Schulze, senior vice president of Global Tour & Transport for
Expedia, Inc. added, “We sit in a unique spot – among Expedia, Inc.
sites alone we had over 7.5 billion air searches over the past year.
Analyzing these massive data sets with our partners at ARC gives us
smart insights that we can pass along to travelers. And travelers
benefit, because even small, simple insights in the booking process –
what time of year or day of week to book, for example – can yield
significant savings.”
Preparing for Take-Off: Air Travel Outlook for 2016 is available
free at http://bit.ly/1w6cjvz.
About ARC:
ARC powers the U.S.-based travel industry with premier business
solutions, travel agency accreditation services, process and financial
management tools, and powerful data analytics. In 2014, ARC settled
$89.6 billion worth of carrier ticket transactions for more than 9,400
travel agencies with 13,000 points of sale. By providing world-class
business services and products, ARC enables participating agencies and
200 carriers to focus on what’s important—increasing their revenue.
Established in 1984, ARC is headquartered in Arlington, Virginia. For
more information, please visit www.arccorp.com.
About Expedia, Inc.
Expedia, Inc. (NASDAQ: EXPE) is one of the world’s leading travel
companies, 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
32 countries -
Hotels.com®,
the hotel specialist that offers Hotels.com® Rewards and Secret Prices
through its mobile booking apps and localized websites in more than 65
countries -
Hotwire®,
a leading discount travel site that offers Hot Rate® Hotels, Hot Rate®
Cars, as well as airfares and vacation packages -
Orbitz
Worldwide, a global travel portfolio including Orbitz,
ebookers,
HotelClub
and CheapTickets,
brands and business-to-business offerings, including Orbitz
Partner Network and Orbitz
for Business -
Travelocity®,
a pioneer in online travel and a leading online travel brand in the US
and Canada -
Egencia®,
a leading corporate travel management company -
Venere.com™,
an online hotel reservation specialist in Europe -
trivago®,
a leading online hotel search with sites in 52 countries worldwide -
Wotif
Group, a leading portfolio of travel brands, including Wotif.com®,
Wotif.co.nz,
lastminute.com.au®,
lastminute.com.nz
and travel.com.au® -
Expedia
Local Expert®, a provider of online and in-market concierge
services, activities, experiences and ground transportation in
hundreds of destinations worldwide -
Classic
Vacations®, a top luxury travel specialist -
Expedia®
CruiseShipCenters®, a provider of exceptional value and expert
advice for travelers booking cruises and vacations through its network
of 200 retail travel agency franchises across North America -
CarRentals.com™,
the premier car rental booking company on the web
The company delivers consumers value in leisure and business travel,
drives incremental demand and direct bookings to travel suppliers and
provides advertisers the opportunity to reach a highly valuable audience
of in-market consumers through Expedia®
Media Solutions. Expedia also powers bookings for thousands of
affiliates, including some of the world’s leading airlines, top consumer
brands and high traffic websites through Expedia®
Affiliate Network. For corporate and industry news and views, visit
us at www.expediainc.com
or follow us on Twitter @expediainc.
Trademarks and logos are the property of their respective owners. ©
2015 Expedia, Inc. All rights reserved. CST: 2029030-50
©2015 Airlines Reporting Corporation (ARC). All rights reserved.
Contacts
Airlines Reporting Corporation
Peter Abzug, 703-816-8158
pabzug@arccorp.com
or
Expedia,
Inc.
Ingrid Belobradic, 425-679-8253
ibelobradic@expedia.com