|

Take More Vacations by Scott Keyes

Learn how to hack airfare and stretch your travel budget with Scott Keyes’ strategies.

Take More Vacations by Scott Keyes shows how travelers can turn airfare into a tool for adventure, not a barrier. After jaw-dropping deals – like $130 round-trip flights to Milan and free business-class trips – Keyes realized that most of us simply misunderstand how airfare works. 

In this book, he shares the strategies behind finding travel deals, making the question less “Can I afford it?” and more “Where do I want to go?”

The Curse Of Expensive Flights 

  • Travel is the most common #1 aspiration, yet Americans take fewer vacations than ever
  • Main stressor = logistics
    • Cheap flights ease stress
    • Example: Italy for $130 or Japan for $169 is less stressful than paying $1,300
    • More affordable = more frequent travel + extra money for experiences
  • Common airfare mental traps
    • Loss Aversion: Panic when prices rise, rush to book
    • Anchoring: Think today’s price is high if you once paid less
    • Recency Bias: Assume recent prices are the norm
    • Sunk Cost Fallacy: Feel committed once you plan
    • Wishful Thinking / Procrastination: Delay and miss deals
  • Most expensive flights can be avoided – except last-minute emergencies

The Flight First Method

  • How most people plan (Destination First)
    • Destination
    • Dates
    • Flights
  • Flight First Method (for cheap flights)
    • Cheapest flights
    • Choose destination based on affordable options
    • Pick dates based on cheap flight availability
  • Why Flight First works
    • Imagining all flights cost $250 roundtrip lowers the barrier to travel
    • Narrowing choices is like aiming for a small target – odds are low
    • Expanding options increases the chances of finding affordable flights

Flexibility

  • Flexibility = key to cheap flights
  • Goldilocks windows
    • Domestic: 1–3 months before off-peak, 3-7 months before peak
    • International: 2–8 months before off-peak, 4-10 months before peak
  • Early or last-minute flights tend to be inflated
  • Hotcakes Principle: Great fares disappear quickly – don’t wait too long
  • Other strategies
    • If inflexible, prioritize booking early
    • For fixed plans, book Southwest for free cancellations and rebooking
    • Try shifting travel dates or airports to find better deals
    • Avoid business traveler trends!

History of Airline Prices

  • 1920s-40s → focus on mail, not passengers
  • 1950s-70s → more mainstream with pressurized cabins, toilets, etc; introduction of multiple fares
  • 1978 → deregulation, significant drop in prices
  • 1980s-Present → rise of budget carriers and diversified revenue streams (premium seats, cargo, add-on fees)
    • Corporate contracts and business travelers now heavily subsidize economy fares

Pricing

  • Airfare costs have dropped significantly
    • Since deregulation, prices have fallen 50% (inflation-adjusted)
    • Average domestic roundtrip dropped from $638 in 1981 to $367 in 2016
    • People overpay and assume they’re expensive, while other costs like prescriptions, Disney passes, and college tuition have risen much more
  • Why is it so volatile?
    • Autopilot Pricing: less inventory = higher prices
    • Consumer Demand: fluctuates unexpectedly
    • Competition: affects pricing

Flight-Booking Myths Debunked

  • Myth: Clear Your Cookies 
  • Myth: The Cheapest Fares Are On Tuesday At 1
  • Myth: The Cheapest Fares Are On August 23rd
  • Myth: Flights Are Only Cheap Because Of Coronavirus 
  • Myth: The Cheapest Fares Are Last Minute
  • Myth: Dressing Nicely Will Get You An Upgrade
  • Myth: Wait For Advertised Sales
  • Myth: One Airline Is Always The Cheapest 
  • Myth: Flying Was Better Back In The Day
    • 1948 NYC to Rome → $9,000 (inflation-adjusted), 20-hour flight
    • Today → As low as $248, 8-hour flight with modern amenities

Pro Tips

  • Greek Islands Trick: Book a cheap flight to a major city then take a budget hop to your destination. Stagger your itinerary for flexibility.
  • Bookend Technique: Buy outbound and return flights from different cities to save on travel costs (e.g., fly into Hong Kong, leave from Seoul).
  • 24-Hour Rule: Secure a great fare with no cancellation fees for 24 hours, allowing you to rebook if a better deal appears.
  • Mistake Fare: Airlines accidentally sell flights at extremely low prices. Act quickly as they usually last under 6 hours.
  • Hidden City Ticketing: Book a longer connecting flight and skip the last leg to save on costs. Don’t check bags and don’t do it repeatedly.
  • Thanksgiving Travel: Flights are expensive domestically, but international trips may be cheaper (e.g., Dallas to Rome for $300).
  • Points & Frequent Flyer Miles

Similar Posts