Airfares don’t stand still. In fact, prices can fluctuate 100+ times between publication and departure. For organizations looking to make every travel dollar go further, airfare volatility can create opportunity—but someone must watch for it. That solution is Tripsource’s Air Price Assurance capability. Rather than requiring travelers or travel managers to keep checking airfare changes, Tripsource automatically monitors eligible bookings for lower fares after ticketing and captures savings where it makes sense.
For organizations looking to get more value from every trip, here’s how to maximize the benefits.
5 ways to monitor airfares and find savings with Tripsource
1. Think beyond the initial booking.
Many travel programs focus on securing the lowest logical airfare at the time of booking. That’s important, but other savings can emerge after a ticket is issued.
Air Price Assurance in Tripsource continues monitoring eligible bookings for fare reductions and identifies opportunities to lower trip costs when prices change. Instead of relying on travelers or travel managers to recheck fares, Tripsource does the work automatically in the background.
With airfare volatility running 10% to 30% above normal in recent years, the potential value of continued monitoring has never been greater.
Why this matters: The booking isn’t necessarily the end of the savings journey. By continuing to monitor fares after purchase, Tripsource helps capture savings opportunities that might otherwise go unnoticed.
2. Reduce costs without disrupting travel plans.
Don’t assume that rebooking means changing flights or creating extra work for travelers. Air Price Assurance focuses on like-for-like opportunities. When a lower fare is identified, the booking can be reissued on the same itinerary, allowing travelers to keep their plans intact while benefiting from a lower price. The work is invisible to travelers—they’re notified of the lower fare and savings via email and receive an updated itinerary and e-ticket receipt viaTripsource.
What’s in it for your people: The results can add up quickly. Organizations using Air Price Assurance realize an average of $181 in savings per successful rebooking, turning routine fare fluctuations into measurable program value.
3. Let Tripsource do the monitoring for you.
Travel arrangers don’t have time to manually check airfare changes after every booking. Travelers certainly don’t. That’s why Air Price Assurance works behind the scenes within Tripsource, continuously scanning eligible reservations and evaluating whether a fare decrease creates a genuine savings opportunity. The process accounts for applicable fees and other considerations before a ticket is reissued.
Why this matters: You gain the benefits of ongoing airfare monitoring without adding tasks for travelers, travel arrangers or your travel management team.
4. Gain visibility into savings opportunities
Air Price Assurance can generate and demonstrate savings. Through Tripsource reporting and program insights, travel arrangers can see the impact of automated fare monitoring across their travel program and better understand where savings are being captured. These insights can support:
- Identifying trends across routes and markets
- Measuring program performance
- Informing supplier and airline discussions
- Supporting travel policy decisions
What’s often overlooked: The value isn’t only the savings captured on individual tickets. It’s also the visibility into how airfare volatility affects the overall program.
5. Make savings part of a connected travel experience
The biggest advantage of Air Price Assurance may be that it doesn’t operate in isolation. Because it’s part of the Tripsource experience, airfare monitoring works alongside booking, trip management, traveler communications and reporting. Travelers continue using the same platform they rely on for their business trips, while travel managers gain another automated tool for controlling costs.
Why this matters: The more travel activities managed through a single platform, the easier it becomes to improve both traveler experience and program performance.
The bottom line
Airfare volatility is out of your control. How you respond to it isn’t. With Air Price Assurance integrated into Tripsource, organizations can:
- Capture savings after booking, not just at the point of purchase
- Reduce costs without disrupting travelers
- Automate fare monitoring and rebooking
- Gain visibility into program savings
- Make cost optimization part of a connected travel experience