Holiday Travel & Home Leave: What's the difference between booking airfare ahead vs last minute?

    Dec 14, 2017 @ 01:33 PM / by Jonathan Nyquist

    Holiday travel got you down? Check out AIRINC's Airfare Database to simplify your Home Leave policy!

    Holiday travel got you down? Next time, plan ahead!

    Last minute bookings are an average 20% more expensive than trips that are booked three weeks or more in advance. As a company that specializes in Workforce Globalization, AIRINC has seen it all! We help hundreds of companies coordinate their global assignees and home leave is an important component, which is why it’s important to do it right.

    Not only is home leave a fundamental core benefit in global mobility policies, but dependable airfare data is also crucial to effectively estimating costs for new assignments. Mobility programs spend millions each year on airfare home leave, relocation, and repatriation.

    Last Minute Booking vs Normal Peak Booking:

    Simple rules of supply and demand are amplified by the holiday rush, so it pays to plan ahead and avoid last minute bookings. By providing cash allowances to assignees, companies are less exposed to last-minute decisions made by assignees than if they reimburse directly.

    Assignees enjoy the flexibility of using the benefit to go home, elsewhere, or nowhere at all, but with this flexibility comes the responsibility of making sure that travel is booked in advance to avoid last minute spikes (and paying for it).

    Alternative content for the map

    Departure City (host) Arrival City (home) Economy Upcharge: Business Upcharge:
    Athens, Greece Frankfurt, Germany 10% 9%
    Istanbul, Turkey New Delhi, India 8% 22%
    Dubai, U.A.E. Paris, France 12% 16%
    London, U.K. New York NY, U.S.A. 9% 17%
    Tokyo, Japan Sydney, Australia 19% 18%
    Sao Paulo, Brazil Mexico City, Mexico 10% 17%
    Johannesburg, S.A. London, U.K. 24% 33%
    San Francisco CA, U.S.A. Hong Kong 20% 53%
    Sydney, Australia Dallas TX, U.S.A. 36% 60%







    (All information pulled from the AIRINC Airfare Database as of December 11, 2017)


    AIRINC's Airfare Database

    Companies often struggle to find an accurate way to determine, administer, and update the provision of air travel. This is why many companies are switching to cash allowances in lieu of reimbursing travel. Switching to cash allowances generates the need for credible data, which can be sourced from AIRINC’s Airfare Database.

    The Airfare Database helps you:

    • Reduce administrative time and costs
    • Achieve consistency and fairness in your home leave program
    • Align allowances and estimates to your company’s policies
    • Assess different types of airfare
    • Define and support your program with the help of experts
    • Control the cost of air travel for your program!


    Learn More!

    Topics: Technology and Tools, Data and Infographics, Airfare Database

    Jonathan Nyquist

    Written by Jonathan Nyquist

    Jonathan currently works in Product Management as director of AIRINC’s data products. In this capacity, he is always on the lookout for ways we can develop our data offerings—COLA, Housing, Hardship, Tax, Airfare, Transportation, and Publications—in alignment the evolving needs of global mobility, either through enhancing our current suite or adding new products to it. Jonathan joined AIRINC in 2006 as a cost-of-living surveyor, conducting 70 surveys in over 50 countries and loving nearly every minute of it (the food poisoning in Antananarivo being an exception). After two years, he moved on to analysis work around our COLA calculations, and then took over management of the global survey and research process in 2010. He received his B.A. in International Relations from Brown University and the Diploma of the International Program from IEP Paris (Sciences Po). In addition to English, Jonathan speaks French and German.