Goibibo (India’s leading online travel brand) has introduced an industry-first feature ‘Price Lock’ to help customers lock flight fares up to seven days before they firm up their travel plans. Price lock provides more time and fare hike protection as customer takes a final call on scheduling travel. The service allows customers to lock airfares for one, three or seven days for a nominal fee – that later gets adjusted into the full price of the ticket at the time of the final purchase. The feature has been designed to help customers make smart travel decisions by allowing them to book air travel by reserving their seats without paying for the actual price of the ticket upfront.
Price Lock secures flyers against any price hike by allowing them to purchase the ticket at the same locked-in price later. With an aim to make travel choices easier and more flexible, the unique service helps address a major dilemma faced by travellers – should they wait or book flights and consequently risk fare hike.