Farecast predictions

As the holiday season approaches, I thought this would be a great time to share the benefits of my favorite airfare tracking site. Last spring, MIcrosoft Corp bought out Farecast.com, a site that monitors airfares to domestic and international destinations, so that you don’t have to.

Farecast provides a computer generated prediction of individual airfare changes in the next 7 days. You simply choose the route you are interested in and farecast outputs the current cheapest flights along with its prediction for the direction the fare will go in the next seven days.

The prediction includes a confidence level to help in your decision making process. I have seen high confidence levels (ex. 70% confident the fare will increase $25-$40), and low ones (20% confident the fare will decrease $5-$15). Keep in mind these confidence levels are only for fare changes in the next 7 days.

Unlike other travel sites, Farecast does not book the ticket for you, instead it will connect you to the airline carrier or travel site that has your desired flights and fare. There are no fees involved, only the benefits of not having to constantly monitor airfares. The site even offers e-mail alerts. Farecast has added hotel rate predictions, but I have yet to utilize this feature. Let me know if you have and it benefited you.

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