When making travel arrangements, the major challenge that accompanies it is not just the stress, and this is what gives us opportunity to highlight how expedia gets cheap flights.
One of the biggest concerns that also hits you is the expenses.
And if you are price-conscious, then it’s a big deal.
From booking your flight tickets to reserving a hotel, you can be certain you’ll be paying a whole lot, especially if your stay is for an extended period.
Although, traveling can be expensive and if you’re not careful enough, you may exhaust your whole travel savings on a single trip.
However, regardless of how bank-breaking traveling can be, Expedia makes it affordable.
And it achieves this by offering you the best prices you can find anywhere.
When Expedia’s price rates are being compared to others, it is noticeable that they have relatively lower prices.
This has undoubtedly raised eyebrows.
If you’re also as curious as others, here’s why:
- Bulk Airfare purchase
Expedia runs its business with a unique business strategy.
While flight tickets can be high when booked directly, Expedia buys tickets from airlines in large volumes and sells them to their customers at a cheaper rate.
Are they running at a loss? Not at all. However, they can sell at a lower rate because by making bulk purchases, they are also able to get the tickets at lower prices.
- Strategic Partnership
Expedia can spread its tentacles by partnering with other businesses like airlines, hotels, and other travel service providers.
The relationship helps it negotiate better prices and get exclusive promotion deals from its partners.
This in return helps it offer its customers a wide range of options with the best prices they can find anywhere.
The partnership also covers discounted airfare prices and bonuses for booking from the Expedia platform.
- Fluctuating Prices
One of Expedia’s competitive advantages is its cheap price range.
And it’s able to achieve this by constantly adjusting its prices due to factors like demands, seasonality, and competitor pricing.
This strategy helps it attract more customers while also driving traffic to its website.
One of the reasons Expedia can adjust its prices is because of the bulk discounts it gets from its partners.
- Exclusive Customer Package
If there’s one thing Expedia prioritizes, it’s cost efficiency.
The travel service company searches for all possible ways to help their customers cut expenses.
By offering exclusive customer packages, they help to reduce the total costs of booking airfare tickets, securing hotel accommodations, and renting cars separately.
This cost reduction reflects cheap packages.
- Commission-Based Agreements
One of the partnership styles that Expedia shares with airlines is a commission-based model.
It doesn’t pay upfront fees to the airline companies, instead, when customers book their flights through its website, it earns a certain percentage from the airline company.
However, prices remain cheaper on Expedia because they do not pay any upfront fee which could have increased the customer’s cost for booking a trip.
What is Expedia’s Source Of Revenue?
Although Expedia is one of the cheapest websites where you can book your flight tickets, it still doesn’t run at a loss.
If you would love to know how Expedia makes its money, here’s a quick breakdown.
Commissions:
One of Expedia’s revenue streams is from getting commission on every airline ticket sold through its website.
Similarly, it also earns from helping hotels get their rooms booked and by getting rewards from car rental companies for every car rented through Expedia’s website.
Hotel Retail:
Expedia buys hotel accommodation rooms in bulk at a discounted rate and resells them at its rate.
Somewhere in between, it’s making enormous profits.
Advertisements:
Aside from the regular bulk hotel room purchase and commission, it earns from travel provider companies, Expedia also generates profits by helping airlines, travel, and hotel companies advertise their businesses.
How To Book A Flight On Expedia
Want to start enjoying cheap airfares and save up a little more cash on flight tickets?
Start booking your trips on Expedia.
It’s easier than you think. Here’s a step-by-step process:
Use The Expedia Website Or Download The App
To start booking cheap flights, visit www.expedia.com from your website browser or download the Expedia app on your phone.
Fill in your trip details:
Enter your trip details in the search forms provided for you.
The details include:
Destination city
Departure city
Departure and return dates
Number of passengers
Class preference
If you’re interested in booking a hotel and renting a car, it also gives you the options to choose.
Check For Available Flights:
Expedia provides you with numerous flight options to choose from.
You also have an option to filter and sort your search so that you can spend less time trying to find the best option.
Choose Your Flight Option:
Once you’ve found an option that perfectly suits you, click on it to continue your booking process.
Review Your Fare:
Check the details of the trip like the cancellation fee, change fee, trip details, flight hours, stopovers, and other features of the trip.
Choose Your Return Flight:
Select your returning flight and also review your trip details.
Fill In Your Information Details:
Check out your booking by filling in all your details on who is traveling, how you’d like to pay, and where your confirmation email should be sent.
Complete Your Bookings:
After filling in all your information, including your payment options and billing details, conduct a general review of your flight booking.
- Review your trip details
- Check and correct spellings where necessary
- Review all the terms and conditions of your booking
- Read important information on the airline liability contract
- Check change and cancellation policies
Afterward, click on the ‘Buy now’ button to secure your ticket.
Wrap-Up
Booking a flight trip can be expensive, depending on your departure location and destination. However, you don’t always have to spend outside a reasonable budget whenever you need to embark on a trip. With Expedia, you can be sure to get the lowest prices available.
