No one knows where it came from or who first decided to celebrate it on the 23rd — but regardless of the origin, every August 23 is National Cheap Flight Day. And that makes it one of the best days of the year for booking upcoming travel, as it’s the day where flight prices historically take a huge drop.
Flight prices are partially based on supply and demand, and demand drops at the end of the summer family travel season when kids head back to school. That causes flight prices to drop also drop, and data from the past few years show that August 23 is traditionally the date on which prices drop the most, reflecting the switch from “peak summer travel” season to off-peak shoulder season. “To address the lull in ticket purchases that occurs as summer wanes, and before holiday travel planning begins, airlines lower their prices to maintain a consistent flow of passengers,” wrote a press release from CheapOAir.com, a website often associated with the “holiday.”