Everybody loves travelling and planning your next trip is always a joyous occasion. However, sometimes life gets in the way and trips have to be cancelled. This is bad enough in itself, but when you also lose the money you paid for your holiday, it gets extra painful. The cheapest reservations are almost always non-refundable and if you can’t travel, you can’t get your money back. Thousands of people have that problem every year.
Luckily, SpareFare.net have finally come up with a solution to this problem and are making the lives of travellers a little easier. SpareFare allows people with non-refundable travel reservations to sell them on to other travellers. It connects people who have already bought a flight, hotel room, or holiday package but are unable to use them, with buyers searching for travel options at bargain prices. This allows sellers to recover a portion of their money, while the new buyers receive a discount of up to 50-60% from the current price of travel bookings. It is a total win-win for everyone and a much-needed solution in the travel industry!
So how doe this actually work? These are the most common questions the team at SpareFare get every day.
Can I sell my flight to someone else? Yes, you can!
Many people are unaware that their flights can be transferred to other travellers. However, flights can be transferred to someone else if your airline allows you to change the name associated with the flight ticket. The airline usually charges a fee for name changes which tends to vary from airline to airline. Most low-cost airlines offer name changes as part of their official policy statements and the name change is completed through the airline’s online website very quickly.
Can I sell my hotel reservation to someone else? Absolutely!
Hotel reservations are even easier to transfer. If the reservation is made through an online booking engine, the name change is done through the traveller’s online account. If the booking is made directly through the hotel, all you need to do is call the hotel’s reception desk and they will do it for you. Hotels typically do not charge name change fees.
How are secondary travel marketplaces different from selling your flight on platforms like Ebay, for example?
SpareFare has built-in fraud protection for both the buyers and the sellers in its system. It acts as an intermediary which dramatically reduces the risk typically associated with transferring flights, hotel rooms and holidays to strangers. Sellers gain protection because they do not have to change the name on the reservations and pay the name change fees until SpareFare has received the money from the buyer. This, then, guarantees the sellers that they will be refunded for the name change fees on a reservation, ensuring they won’t lose even more money than before. It also protects them against any time-wasters.
Buyers gain protection, as well, because SpareFare doesn’t release the money to the seller until the date of the flight or the check-in date of the hotel to ensure the reservation is legitimate. This prevents sellers from selling the same reservation to multiple buyers. This varies greatly from selling or purchasing travel reservations on platforms like Ebay, where trust is a significant barrier between buyers and sellers. And with so many technological hacks and travel scams in our world today, users are rightful to be cautious about general selling sites like Ebay. Travel reservations are expensive, and if something goes wrong, travellers can suffer considerable losses. SpareFare also verifies the authenticity of all offers when they are listed on the platform. This assures buyers that they will not be scammed and the listings are available for sale.
By Galena Stavreva
Galena Stavreva is the CEO of SpareFare.net – a secure secondary marketplace for flights, hotel rooms and package holidays. Travel is great, and SpareFare’s marketplace is all about turning the less fun parts of it – such as cancellations – into new deals that improve the status quo for everyone.
Kizzi Nkwocha is the editor of Business Game Changer Magazine and publisher of The UK Newspaper, Money and Finance Magazine, the net’s fastest growing wealth creation publication. Kizzi Nkwocha is chair of The Ethical Publishers Association and co-chair of The Logistics Association. Kizzi made his mark in the UK as a publicist, journalist and social media pioneer. As a widely respected and successful media consultant he has represented a diverse range of clients including the King of Uganda, and Amnesty International. Nkwocha has also become a well-known personality on both radio and television. He has been the focus of a Channel 4 documentary on publicity and has hosted his own talk show, London Line, on Sky TV. He has also produced and presented both radio and TV shows in Cyprus and Spain.