CHICAGO, IL, July 31, 2006 - Finding the best vacation deal is the Holy Grail of online bargain hunting for many customers. CheapTickets.com, a leading online travel agency that knows "the less you pay, the better it feels" introduces the CheapTickets Travel Cheapometer.
The Cheapometer is a new monthly pricing guide that analyzes where vacationers can get the most travel for their buck in the U.S. and abroad. The Cheapometer assesses and compares the cost of hotel rates, airfares and vacation packages vs. the average cost here in the U.S.
"Value is extremely important to the CheapTickets customer and we're committed to helping them get the most for their money," said Randy Wagner, Chief Marketing Officer of CheapTickets.com. "The Cheapometer was created to provide our customers with options to help them experience new places around the world at prices that make them feel great."
CHEAPTICKETS TRAVEL CHEAPOMETER VOLUME 1: EUROPEAN HOTEL ANALYSIS
A recent survey fielded by CheapTickets.com regarding international travel, using MarketTool's online survey panel, found that 48% of travelers with no specific destination in mind would consider the value of the U.S. dollar when planning a trip abroad.
The debut CheapTickets Travel Cheapometer provides an analysis of how the U.S. dollar stacks up in various European cities. This European Hotel Cheapometer calculates the average daily rate (ADR) of a 4-star hotel room in the United States compared to the ADR of 4-star hotel rooms in ten popular European travel destinations.
"The cost of a hotel room can be one of the biggest expenses during travel," said Marita Hudson of CheapTickets.com's Cheap Squad. "A less expensive hotel room is an indicator of how pricey the rest of the country or city might be during your stay."
ADDITIONAL CHEAPTICKETS.COM TRAVEL SURVEY FINDINGS
In addition to the finding mentioned earlier, other important survey information to note includes:
- 75% of Americans plan to take a vacation in the next 90 days
- 82% of travelers responded "No," when asked if current economic conditions were impacting their vacation and travel plans over the next 90 days.
- 59% of Americans have plans to take an international vacation over the next 12 months.
- Younger travelers are more likely to consider the value of the dollar in making travel plans.
- 46% of travelers aged 19-34
- 35% of travelers aged 35-54
- 30% of travelers aged 55+
This study was fielded by CheapTickets.com from July 14 -17, 2006 via the Internet using MarketTool's online survey panel. 583 U.S. adults aged 18 or older were surveyed. All survey participants had traveled for leisure in the past twelve months and had taken at least one international trip in the past twelve months.
CheapTickets (www.cheaptickets.com) is a leading seller of discounted leisure travel products online through its Web site, www.cheaptickets.com. CheapTickets provides consumers access to its collection of airfares on hundreds of airlines. In addition to air, CheapTickets' family of discounted travel products also includes hotel accommodations, cruises, rental cars, vacation packages, condo rentals and Last Minute Trips. Founded in 1986, CheapTickets is a Travelport Inc. brand. Travelport (www.travelport.com) is one of the largest and most geographically diverse travel companies, dedicated to creating the exceptional travel experiences the world demands.