February 8, 2008

Farecast Launches Free International Airfare Predictions

SEATTLE, Feb. 8 /PRNewswire/ -- Farecast.com, the smart travel search site, today launched free international predictions for more than 200 markets from U.S. cities to the most popular destinations in Europe, Mexico, the Caribbean and Canada. Consumers concerned with the wavering economy can expect higher airfares this summer to popular international destinations. Fares to Europe during the peak summer months are on average 11 percent higher this year over 2007. Consumers will be relieved to save over $150 on average for two tickets, using Farecast.com international predictions when shopping for airfare.

"With economic uncertainty and fares to Europe tracking 11 percent higher this year, the stakes of knowing when to buy are considerably higher for international flights," said Hugh Crean, president and CEO, Farecast.com. "International predictions were the number one most requested feature by consumers, and with this launch we are one step closer to providing predictions to anywhere you want to travel."

Europe Predictions Available for Top U.S. Cities

This summer, airfares to popular European destinations are 11 percent higher than 2007. Consumers can expect to pay $600 to $1,500 on the lowest price airfare from top US cities to most European destinations, compared to $350 for domestic travel, making knowing when to buy even more important. Average fares from major U.S. cities to popular European destinations as of the date of this release are: Los Angeles to Paris, $1,150, New York's JFK to Frankfurt, $1,030, Chicago O'Hare to London Heathrow, $823, Dallas Ft. Worth to Amsterdam, $1,022, while Denver to Rome averages $1,286. The graphic included shows some of the top European Airfare 2008 Gainers and Losers over 2007:

(Photo: http://www.newscom.com/cgi-bin/prnh/20080208/AQF034)

Farecast.com now offers free airfare predictions for more than 87 European markets including popular destinations such as London Heathrow (LHR), London Gatwick (LGW), Rome, Italy (FCO), Paris, France (CDG), Amsterdam, Netherlands (AMS), Madrid, Spain (MAD), and Frankfurt, Germany (FRA). Farecast customers can request predictions to their favorite cities by clicking on Add My City at Farecast.com.

Mexico and Caribbean Predictions

Farecast.com offers predictions for over 108 Mexico and Caribbean markets including: Puerto Vallarta (PVR), Cancun (CUN), San Jose Del Cabo (SJD), Mexico City (MEX), Nassau, Bahamas (NAS), Bermuda, (BDA), Aruba (AUA), and Jamaica (MBJ). Fares from top U.S. to Mexico and Caribbean markets average $360 in the low season, to over $500 in the high season. At these high price points, it is even more important to know when to buy flights to Mexico and the Caribbean.

Canada Predictions

Farecast offers full airfare search for anywhere you want to fly from and within Canada. Free airfare predictions are available from more than 70 markets to and from destinations within Canada and the US. Canadian cities with predictions include, but are not limited to: Nanaimo Airport (YCD), Edmonton International Airport (YEG), Halifax International Airport (YHZ), Kamloops Airport (YKA), Kelowna Airport (YLW), Ottawa International Airport (YOW), Quebec Airport (YQB), Metropolitan Area (YQM), Regina Airport (YQR), Thunder Bay Airport (YQT), Pierre Elliott Trudeau International Airport (YUL), Vancouver International Airport (YVR), Winnipeg Airport (YWG), Saskatoon Airport (YXE), Prince George Airport (YXS), Metropolitan Area Airport (YXU), Calgary International Airport (YYC), Victoria International Airport (YYJ), St. John's Airport (YYT), and Pearson International Airport (YYZ).

Farecast Predictions are 74.5 Percent Accurate

Unlike any other travel website, Farecast.com saves online travel shoppers money with an airfare prediction for their specific trip. In April 2006, Navigant Consulting tested over 44,000 airfare predictions confirming that Farecast's predictions are 74.5% accurate. The company's patented airfare prediction shows whether the lowest fares for their trip are rising or dropping. To learn more about Farecast's proprietary airfare prediction, see the Our Technology page of Farecast.com.

International Hotel Search

Find international hotels with Farecast Hotel Search. Farecast.com offers consumers the ability to shop more than 80,000 hotels in thousands of cities worldwide. Farecast's Hotel Rate Key helps consumers know at a glance if the current rate for a hotel is a deal or not a deal. Farecast builds the unbiased Hotel Rate Key on science, not marketing. Farecast Hotels offers a clean search experience with smart tools to help consumers find the best hotel and make smart purchase decisions.

About Farecast

Farecast.com is the smart travel search site that helps consumers buy with confidence. In addition to providing worldwide flight and hotel search, Farecast.com is the only site that empowers consumers to know when to buy with airfare predictions and know where to stay with hotel rate keys. Farecast is the most award-winning travel search engine; Travel + Leisure's Top 25 Websites, Budget Travel's 2007 Extra Mile Award, PC World's 20 Most Innovative Products, "Best of What's New" by Popular Science, TIME Magazine's "50 Coolest Websites," and "Best Trip Planning Tools" by Business Week readers. Farecast is headquartered in Seattle, WA. Buy travel smarter at http://www.farecast.com/.

    Media Contact:    Anne Taylor Hartzell    206.850.6501    [email protected]     Spark PR for Farecast:    Jacqueline Tanzella    415.321.1889    [email protected]  


CONTACT: Anne Taylor Hartzell of Farecast.com, +1-206-850-6501,[email protected]; or Jacqueline Tanzella of Spark PR, +1-415-321-1889,[email protected], for Farecast.com

Web site: http://www.farecast.com/