ARC Busts Myth That Roundtrip Air Travel is Always the Lowest Cost Option
Airlines Reporting Corporation (ARC), the premier driver of air travel intelligence and commerce in the travel industry, today released a report that discloses the percentage of one-way airline tickets (versus roundtrip) has significantly increased from 2014 to present. The study also disproves the myth that two one-way tickets are always more expensive than a similar roundtrip itinerary. ARC released the report at this year’s Global Business Travel Association (GBTA) Convention 2017.
The report reveals that the trend toward one-way ticket purchases started primarily with leisure and unmanaged corporate travel. It also highlights opportunities for business travel managers to be more flexible with options for one-way travel today.
Key takeaways from the report include:
- While one-way ticket volume is increasing, overall travel in the U.S. continues to grow year-over-year. Demand remains strong, but purchase behavior is changing.
- One-way tickets with longer advanced purchase are increasing. The report revealed this one-way ticketing trend is even seen when ticketing more than 21 days in advance.
- The historical premium for one-way travel that was, in some markets, as high as 50% has dropped to almost zero today.
“The data shows the long-held belief that it is always better to purchase a roundtrip ticket is not always true in today’s market,” said ARC’s Managing Director of Enterprise Information Chuck Thackston. “This surge in one-way ticket travel looks like it’s here to stay.”
The full report is available online.
Categories: Travel Industry News