So much has happened since FlightNetwork® introduced Price Drop Protection™ on flights a year ago. We’ve been helping travellers take the worry out of booking travel en masse, and now Price Drop Protection™ applies not just to flights to Canadian, American, and International destinations, but also to hotel rooms and vacation packages.
The biggest news of all is that FlightNetwork™ has just announced that Price Drop Protection ™ is now unlimited! That’s right, it doesn’t matter how much the price drops on the trip you booked – you can get a credit for the entire difference! While domestic flights have always had unlimited Price Drop Protection, but some products, such as US and International flights, previously had a $100 cap. Now the sky is the limit!
Price Drop Protection™ is revolutionizing how people think about booking travel. Since there is no cap on the value of the price drop you can claim, there is no reason to put off booking. That means you can book as early as you like yet reap the benefits if a cheaper price becomes available. Whereas travellers used to delay booking in the hope that a better price would come along, they now have the freedom to book whenever they want without forsaking potential savings.
Analysis of our customer booking patterns has shown that historically the majority of people have waited until the last minute to book. The downside of that is that flights are typically at their most expensive within 7 days of departure, which is when the most airline tickets are purchased. The fact of the matter is, prices are unpredictable and there is no surefire way to determine which direction they are headed, regardless of how much searching and number crunching you do!
Availability also diminishes over time, so travellers who book later often have to sacrifice their preferred options in terms of schedules, routes, hotel and resort locations or amenities to accommodate the limited options available, or may not be able to travel at all if their chosen destination is sold out.
The beauty of Price Drop Protection™ is that you don’t have to own a crystal ball, have a standing appointment with a soothsayer, or keep a data analyst on hand to get the best travel deals. Most of all, you no longer have to wait wait to book the trip you’re excited about. With Price Drop Protection™ it’s a win-win proposition because if you book and the price goes up you got the best deal anyway, and if the price drops you come out on top because you can claim all of the difference!