How does financially rewarding, travel savvy and plain old awesome sound to you? Well, they will be your results once you know exactly how to book the cheapest hotels every time you travel.
Follow the actionable step-by-step process in this article and you will save money on hotels. You will also learn a repeatable process to discover the best hotel deals for your budget, destination and travel style.
Booking hotels is a chore for some travelers, something that consumes too much time and energy. It’s just a bed to sleep in before moving on to the next place.
For us, finding the best possible deal is part of the travel thrill. We’ll assume you can relate because you’re researching money saving techniques.
How much you save will depend on how much effort you put in to the hotel booking process. There is no mystical process or code to crack. All it takes is the right knowledge and a little digging.
Ask yourself: When I travel and spend my hard earned money, why pay more than I have to when booking hotels?
The hotel industry is a competitive market. Supply can often outweigh demand, which results in opportunity for you, the traveler. As long as you have the right tools to find those opportunities.
We will give you our top hotel money saving tips, followed bya step-by-step list of actions you can take to book hotels when planning your next trip.
*Please note this post may contain affiliate links. If you click on one, we may earn a small commission at no extra cost to you. Thank you for supporting the free content we provide! Read more in our disclosure policy.*
Table of Contents show
15 Tips To Book The Cheapest Hotels
Action can be taken on each of the tips listed below in order to filter and find the best possible hotel deals for your trip.
However, we do have one non-actionable tip that could save you more than all of the tips listed below combined:
Be asflexibleas possible.
If you have the ability to move a day ahead or backwards, you can save staggering sums of money when traveling.
1. Use Credit Cards With Huge Travel Cash Back Perks
Start with the basics and get a credit card that gives you money back every time you buy something.
If you’re a regular traveler – domestic or international – one of the easiest and most consistent ways to save money on booking hotels is to use a travel rewards credit card.
It sounds so simple and that’s because it is.
You would book the hotel anyway, so why not book with a credit card that pumps 1.5% cash back (or equivalent points) straight into your account.
Use a credit card with travel specific rewards and no foreign transaction fees.
Example: A hotel in San Diego, California costs you US$ 400 for 5 nights, you can automatically subtract US$ 6.
It might not sound much but those small sums add up each time you book a hotel. After 10 hotels you have US$ 60 in your account that you wouldn’t have had otherwise.
They are the fine margins helping you get the cheapest possible hotel bookings.
And how much effort do you have to make? None. Simply use your credit card to buy anything from gas to groceries and online purchases.
Build your points / cash back total and eventually use the travel rewards card cash / points accrued for booking flights, trains, hotels and so on.
Plus, you’ll incur no foreign transaction fees on purchases, which is the major draw of the card – the cash back is just a bonus.
Travel rewards credit cards are a no brainer for regular travelers.
2. Sign Up To Hotel Booking Engines Loyalty / Rewards Programs
No matter if you prefer Expedia, Agoda, Booking.com or Hotels.com – signing up to the site and becoming a member WILL save you money time and time again.
This is the most obvious and simple form of booking the cheapest hotels every time you travel.
It won’t cost you anything, so sign up!
The rewards you receive on hotel bookings far outweigh the odd promotional email clogging up your inbox.
Example:We personally signed up with booking.com years ago and have been enjoying Genius Level 2 rewards all over the world.
We typically get 15% off rooms, breakfast included where it wouldn’t be otherwise or free room upgrades.
Now, you don’t have to be a travel blogger to get those rewards.
No, all you have to do is book 2 hotel stays in 2 years to be Genius Level 1 or 5 hotel stays in 2 years to be Genius Level 2.
Have you stayed in 5 hotels in the previous 2 years?
If so, you could save 15% on future hotel rooms. No catches, no strings, just saving money.
True story – We’ve had many checking in experiences at hotels in the United States whereby the person checking us in couldn’t believe the price we got a room for the night.
Similar deals apply to all other major hotel booking engines, so check them all out and sign up to whichever you like the look of most, or all of them.
Click here to visit Booking.com homepage and create your rewards account now, it’s free and easy.
3. Download Hotel Booking Smartphone Apps
A clever and useful marketing innovation by hotel booking search engine services – like Booking.com – was the introduction of further discounts when booking by smartphone.
Example: You sign up to Booking.com and find a hotel in San Francisco on a desktop browser.
Download the Booking.com app to your smartphone and search the same dates in San Francisco. Now look for Mobile Only prices – you will find 5%, 10% or even 20% slashed off certain hotel prices.
Why would the hotel prices be cheaper just because it’s on your phone?
Well, if you have the app, you’re far more likely to repeat custom with them because it’s just SO convenient to book as you go using your smartphone, right?!
The amount of time we all spend on our mobile phones is increasing and convenience is a buzzword.
Therefore, when the big hotel booking companies are offering big discounts if you use their app – take advantage.
4. Check Prices Directly With Hotels
This is where the effort on your part begins.
If you truly want to book the cheapest hotels, you have to dig around to unearth the best deals.
Start by contacting any hotel you like the look of once you have a ball park figure through a booking search engine. Always contact a hotel through their direct phone number.
Hotel booking search engines are amazing resources but they are bound to the contract between themselves and the hotel.
If you call the hotel directly, you can negotiate free parking, breakfast, room upgrade or even a lower price at the hotel managers discretion.
Don’t expect to get any of these things but it won’t hurt to ask and sometimes it pays off.
We’ve had hotels offer a price match or give us a better deal for booking directly with them.
But conversely,others have been aghast at the price we had found by using a search engine like booking.com with Genius Level 2.
Either way you win.
They lower the price and throw in free parking OR they confirm you have nailed an incredible price online!
5. Book In Advance With Free Cancellation
Are you a super organized traveler?
If so, begin researching hotel prices way in advance and see if you can find a room at a rate you feel is excellent value that includes free cancellation.
Typically, when booking through a hotel search engine, a room has 2 rates:
- A non-refundable lower rate
- And a free cancellation higher rate
Booking with free cancellation in advance isn’t necessarily going to get you a cheaper price but it is going to give you price security and flexibility.
We’ll get into last minute bookings later but for now consider that booking a free cancellation room at a great price is the best way to guarantee you don’t lose out closer to the time if you have to change your dates.
Example: You’re not 100% sure of your dates for travel to Yosemite National Park in Summer, but you don’t want to wait for prices to skyrocket by the time you have definite dates.
Go ahead and book a room in advance at a slightly higher rate but including free cancellation. You guarantee a room at a good rate and have the option to cancel if your plans fall through.
That’s not to say you should always book a handful of hotels for each place you visit only to cancel them – hotel owners wouldn’t stand for it if we all went about it that way.
However, if you aren’t 100% on dates, this is the most effective way to save money.
6. Book In Advance With Non-Refundable Rate
Conversely, if you can guarantee your dates, booking in advance with a non-refundable caveat can save you a lot of money.
We always book non-refundable rooms when we are certain of dates. There’s a small risk factor in case of any unplanned issues but the low risk is worth it for the cost difference.
Big savings on hotels often comes down to risk vs reward.
Example: The London hotel room listed above includes surplus charges for adding a free cancellation clause to a booking.
You know your dates and don’t need breakfast included, so you book the cheaper non refundable room (option 1) at +US$ 42 instead of the free cancellation rate (option 3) at +US$ 155.
Thereby saving US$ 113 per night on this particular hotel.
Be aware with these bookings that you will lose your money if you are unable to complete your hotel stay. Only choose this option if you are 100% sure of your ability to make the dates work.
Important: Due to (and during) COVID-19, do not book any hotel stay with a non-refundable option. It’s not worth the risk of losing your money in case of local lockdowns. There are very few hotels currently offering a cheaper non-refundable option. Let’s see if they become a standard hotel booking feature once again after the pandemic.
7. Consider Weekday / Weekend and Season of Visit
Almost every travel destination in the world has a peak season, shoulder seasons and a low season. Strongly consider the timing of your visit and its implications on booking the cheapest hotels.
Example: The hotel you want to stay at in New York City in August costs US$ 250 per night.
When you change your dates to February, the price drops significantly to US$ 80. Yes, it’s obvious, but it’s also one of the most basic ways to book the cheapest hotels when you travel.
The same applies to other parts of the world, such as Vietnam in South East Asia.
If you visit in off season, we would suggest searching for hotels but not booking anything before you arrive to a new city / town and simply talking to hotel owners on site when you arrive.
We negotiated prices at hotels in person many times in Asia because we didn’t visit in peak season.
We would check prices on Booking.com and Agoda, then negotiate with owners to a lower price. If they wouldn’t go for it, we would just book a room at their hotel on our Booking.com smartphone app.
Don’t be shy and use the seasons to your advantage where possible.
Example: We once fell foul to not doing our research on a visit to Pittsburgh, Pennsylvania. Multiple events converged on one weekend and we ended up paying massively over the odds for a hotel.
If you visit a place in low season you have the potential to get more out of a deal because the hotel needs paying guests.
Whereas, demand is high enough in peak season and you will do well to get a free welcome drink!
Cities are naturally going to be busier at weekends with tourists and weekdays with business travelers.
Weekends will typically cost more in hotels than during the week unless there are midweek events, sports games, concerts or exhibitions.
Effective event research can save you money.
8. Book Longer Stays To Save
Staying at hotels for more nights will often drivethe average costdown on a per night basis.
Why would the average nightly price be lower if you stay longer?
Because it eliminates your room having to be cleaned and guarantees hotel occupancy, particularly in low / shoulder season.
Example: You’re looking at hotels in Jackson, Wyoming to visit Grand Teton and Yellowstone.
One night at a hotel you like in Jackson Hole costs US$ 70, 2 nights costs US$ 130 and 3 nights costs US$ 180. The average nightly price drops each time.
The take home for this tip is to look at prices for 1 night, 2 nights, 3 nights etc to see what happens with the total cost.
Be aware, this will not always be the case and you may have to spend time looking at different hotels to see this tip in action – but it does work and we always look for it.
This is particularly relevant if you’re planning a road trip with a series of 1 night stays as you move from city to city or national park to national park.
It could pay to spend more nights in fewer hotels.
9. Compare Prices of Hotels, Cars and Flights Bundles
Gone are the days of walking down to your local travel agent and booking a package holiday.
Because you end up paying an astronomical mark up to the travel agent for services and you pay way over the odds for combining flights with hotels and transport.
Example: Flight arrival / departure times perfectly match hotel check in / out times for New York to London as listed above.
When creating this particular package, the amount of add ons were crazy, such as +US$ 85 for hold baggage or +US$ 90 for a queen room instead of a basic room.
We always recommend booking flights, hotels and hire cars individually for best value.
If you plan to fly somewhere, stay there and hire a car – chances are you’ve got Skyscanner, RentalCars and Booking.com all open.
That’s exactly what we would be doing.
Read our 15 steps to save money on flights next for more budget friendly travel tips.
We’ve traveled the world for years and from experience, booking individually is more cost effective than booking in bulk with a one-stop-shop platform like Expedia.
Convenience and price have a direct X vs Y correlation.
The minute your trip becomes more convenient by packaging flights, hotels and ground transport – your total trip price explodes.
But that doesn’t mean we don’t check for special deals or package prices in the right circumstances.
What you should always do is price up the total cost of flight, car and hotel individually and then find the cheapest / best value Expedia package for comparison.
So when might this method be useful?
Package deals offer booking security, all-in-one confirmations and convenience.
Example: You’re on a one stop trip to Paris or Tokyo and have a healthy budget.
The convenience of booking everything in one place could be worth the few hundred dollars you’d save by excruciatingly researching flights, hotels and hire cars with a fine tooth comb.
Always shop around and consider ways you can save, including each individual aspect of your upcoming trip.
10. Check Groupon For Special Deals
In truth, we rarely check Groupon ourselves.
But we do know they do put on good deals, particularly for specialist weekend spa breaks in B&B’s or all inclusive packages to beach destinations.
We would suggest using any prices you find on Groupon as a guide and comparing against other hotel booking engines before contacting the place directly if you want to follow up.
That way you have 3 opportunities at getting the cheapest price.
What is useful is the directness of Groupon. Price ofHotel X in Resort Y on Caribbean Island Z will be quoted.
Example: Listed above is Cofresi Palm Beach & Spa Resort in Puerto Plata, Dominican Republic. It looks for all intents and purposes like it has a mind-blowing deal from US$ 421 down to US$ 77 per night.
Be careful not to get too excited and check this hotel with all other hotel search engines listed in this article. It may or may not be an incredible deal, but either way you will know you got the best price.
The specificity of Groupon selecting a hotel directly for you can eliminate the entire process of identifying your next vacation and adds another element of convenience.
This can work wonders for those who don’t have time to search or are renowned for indecisiveness!
11. Check For All Inclusive Package Deals
Are you planning a visit to a resort?
If so, always check the different types of package on offer. Look out for self catering, half board, full board and all inclusive.
Depending on the type of traveler you are, there is potential to save big by selecting the best type of package for your group.
If you plan to eat and drink your way through 2 weeks in the sun, get the all inclusive package with your hotel room and you’ll save a small fortune.
Conversely, if you prefer to eat out of the resort at local restaurants, go self catering and save money on the initial hotel payment.
Sometimes booking the cheapest hotel doesn’t just mean the up front payment. Consider all options available and choose the most cost effective for you.
12. Save Money With A Last Minute Hotel Booking
Last minute hotel bookings are a gamble, sometimes they pay off and other times they don’t.
You will have ultimate flexibility, which is top priority for some travelers, but you will typically have significantly reduced hotel options.
It pays off if you travel out of season to a big city such as New York or Los Angeles because they have hundreds of hotels to fill.
It doesn’t pay off if you need a hotel in a small town / rural area or a big city in peak season.
Hotel Tonight is a hotel booking search engine designed to get the best last minute deals for travelers. The greater the population or tourist attraction, the better this method works.
Hotels don’t want empty rooms and punters want the cheapest last minute hotel rooms available – so this is a great tool for those who prefer to travel with maximum flexibility.
You can save fairly significant sums of money on hotels using Hotel Tonight. But it does mean living day to day and booking hotels as you travel.
If you’re visiting small towns or rural national parks, last minute deals rarely work well.
There’s always a trade-off.
13. Gamble on a Mystery Deal
Mystery deals have come a long way in recent years.
Hotels are always looking for innovative ways to fill their rooms at competitive prices, particularly higher end hotels during shoulder and low seasons.
Without directly advertising cheap discounted rates, they often appear as mystery deals on websites such as Priceline and Hotwire.
If they were to directly advertise low prices, they set a precedent for future bookings.
Example: A Hotwire listing might say 4* hotel in downtown San Francisco, 40% off, US$ 90.
What you have to do is ‘take a punt’ on a hotel without knowing its name or any further details.
Alternatively, using the Pricebreakers function on Priceline – they select 3 similar hotels (4*, including fitness center etc) and give you 1 list price.
You can see the names of the three, which meansyou can check locations and guest ratings. You choose to pay the list price without knowing which of the 3 hotels you will be given until after confirmation.
Either way, you will usually get a better price on that hotel compared to booking directly or in advance.
You feel like you strike it lucky and the hotel fills its empty room without directly advertising low prices. Everyone wins.
Most of the time.
14. Book Someone Else’s Non Refundable Hotel Room
Have you ever considered what happens to a hotel room when a guest books a non-refundable stay but can’t make it?
That’s right, the guest loses money and a potential hotel room for other visitors to that place is empty.
Until an auction-like site called Roomer created a marketplace for guests who can’t make their stay.
Example: You book a non-refundable room at Tivoli hotel in Vail, Colorado for a few days on the slopes in December but something comes up last minute.
Instead of losing US$ 260 per night for 3 nights on your hotel room, you advertise the room on Roomer, where other visitors to Vail can snag your room at a discounted price of US$ 180 per night.
The new person is effectively picking up a room that would have been empty and paying far less than the average rate for that room.
In turn, you will not lose out entirely on your initial cost, even if you only make back 70% of your upfront payment.
This is another fantastic resource to check before making your final decision on a room, particularly if prices are higher than you might have hoped.
15. Consider Alternative Accommodation
If you’ve utilized every tip from this list and still can’t book a cheap hotel room, it’s time to consider looking at other options.
Our first port of call would be Airbnb – which we have mixed feelings about.
Although you will meet locals and usually get a lovely place to stay, cleaning fees and other added extras mean value for money isn’t always the best.
Pay close attention to costs per night included and remember that longer stays are more cost effective with Airbnb.
Couchsurfing is a hugely popular way to spend time in a new place and save money on accommodation – it’s not something we’ve ever done personally but we know plenty who have.
Surfing couches takes cheap to a new level – free!
Camping is a fun and family friendly alternative to consider when booking accommodation, particularly if you’re visiting a rural area or National Park.
Hotel prices can be high in these areas because demand outweighs supply and campgrounds offer a cheaper alternative.
Our Tried and Tested 3 Step Process For Booking The Best and Cheapest Hotels
Now you know our top tips for finding and filtering hotels, but how exactly do we book the cheapest hotels?
You want a repeatable process to follow in order to guarantee success, every time.
In order to book the cheapest hotel, you are going to have to follow a process of elimination. Follow these steps until you find the absolute lowest price for a specific hotel.
Once you go through the process a few times it will become like second nature every time you go somewhere new.
Here are 2 things you need to do before you begin the search for hotels:
- Get a credit card with awesome travel rewards benefits (like 3% cash back)
- Create a Booking.com rewards account and download the smartphone app (or hotels.com, agoda etc)
And now follow these steps:
1. Use Google Maps To Narrow Your Search Area
The first thing you need to do is narrow down your search area.The place we always start when booking hotels is Google Maps.
Example: You’re planning a trip to San Francisco and the main reason for your visit is to photograph the Golden Gate Bridge.
Jump on google maps, familiarize yourself with the geography around the bridge and city to identify potential hotel locations.
You will get a rough idea of the best location for your visit, which would be somewhere in between the bridge and other major attractions in the city.
Cheap hotels are fantastic, but a hotel’s location is usually more important. Consider your destination and your main reason for visiting.
What do you plan to see and do?
Look around the immediate area of your destination for any activities you plan to do, any restaurants you’ve been recommended or have identified, plus public transport options like train stations and airports.
Once you’ve taken into account the important aspects of your visit, you can plot a rough area of best possible locations and rule others out.
Example: Springdale (Zion national park in Utah) hotels fill up very early in Summer so you need an alternative.
Use google maps in order to locate nearby towns and check driving distances to Zion. Look for amenities in each town to suit your travel group.
Important: Always research neighborhoods / districts to avoid unnecessary safety risks.
Cheapest doesn’t always mean best, safety should come before cost.
2. Find Potential Hotels Using A Booking Search Engine
The next step is to identify all hotels within the narrowed down areas for your visit.
Go ahead and use any hotel booking search engine.
We typically use booking.com because they always have the most hotel options and we get incredibly cheap hotel rooms with Genius level 2.
You can use the booking.com hotel search box below to begin using our tips to save money.
- Type in the name of your next vacation destination with your dates of travel.
- Click search and a list will appear.
- Click Search by Map View to transition to a map of your destination with all hotel options appearing.
- This will allow you to zoom in directly to the areas you have already identified as best for your visit, filtering out all others for now.
- Take note of any hotel names, guest ratings and prices.
These prices will act as your benchmark for reference.
The rest of the process involves trying to beat your current price, which will be a good one as you have rewards / loyalty benefits and mobile only discounts.
Hotel booking search engines such as booking.com are the best way to find all hotels and guest ratings in a particular area, even if you don’t plan to book through them.
This incredibly useful function is often underestimated by travelers.
3. Try To Find A Better Price
Follow all the steps listed in the tips section to find a better price for a hotel you are interested in booking.
You may or may not find a better price but either way you will know you have the cheapest price.
- Start by searching all other hotel booking engines like Agoda and Hotels.com for a lower price. This can be beneficial in certain regions such as Agoda having greater influence on deals in Asia.
- Follow up by contacting the hotels directly. Can you get a lower price or free parking?
- Next, look at Groupon, Priceline and Hotwire to see if the hotels are a part of any deals or discounted mystery rates for the dates of your stay.
- Do any of the platforms offer an incentive for booking early or with a non-refundable caveat?
- Always move your dates forward and backward by one, two or three days if possible. You will be amazed at the fluctuations in price.
- Check prices if you stay a day less and a day more, or even a few more days. Average nightly fee may drop significantly.
- If you don’t like any options, widen your search radius to include more hotels and begin the process again OR look at alternative accommodation platforms like Airbnb, couchsurfing and camping.
Cheapest vs Best Value For Money Hotels
An important part of booking travel components like flights and hotels is to consider that it is not always about booking the cheapestflight or hotel, it’s about getting the best value for your money.
Example: Let’s say you found a New York City hotel for US$ 50 per night with a guest user rating of 6.5 out of 10.
If there was another hotel with a guest rating of 9.5 out of 10 but cost US$ 60 – you’d choose the better rated hotel for an extra 10 bucks.
It’s always great when you can cheat the system but remember the cheapest hotel is rarely the best hotel, look for guest ratings and book something with a good balance between cost and review score.
Our final piece of advice to leave you with is this:
Do not spend forever and a day wading through hotel prices, it’s easy to get lost in booking engines for hours but your time is more valuable than the 10 or 20 dollars you might save!
Our Popular Hotel Guides …
- Acadia – Top Hotels in Bar Harbor and Acadia National Park
- Grand Canyon – Best Hotels in Grand Canyon National Park
- Las Vegas – Best Hotels On The Las Vegas Strip
- Los Angeles – The Best Hotels In Los Angeles California
- NYC – Top Rated Hotels in the 6 Best Areas of New York City
- San Diego – Top 20 San Diego Hotels For Every Budget
- Sedona – Top Rated Places To Stay In Sedona Arizona
- Yellowstone – Best Places To Stay Inside and Near Yellowstone National Park
- Yosemite – Yosemite National Park Best Places To Stay
- Zion – Exactly Where To Stay Near Zion National Park
We hope these tips and processes help you book the cheapest hotels every time you travel!
Please let us know if you have any questions or need any help with your hotel bookings.
Happy Travel Planning,
Mark and Kristen
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Will hotel prices go down 2023? ›
A new American Express Global Business Travel report suggests hotel rates worldwide will increase again in 2023 thanks to pent up demand for in-person meetings. They expect the rate of increase to be lower than in 2022 due to the economic climate.How to find cheap hotels hacks? ›
- Sign up for hotel newsletters to find promotional deals. ...
- Call up the hotel desk for discounts. ...
- Mention if you've stayed in their hotel before. ...
- Check fare comparison websites. ...
- Try hotel booking apps. ...
- Travel off-season. ...
- Book in advance during peak season.
Since hotels are always aiming to maximize their occupancy rate, many will decrease their rates if they aren't meeting their expected targets. That's why you'll often see hotels dropping their prices a few days before a check-in date or on the day of arrival.How far in advance is the cheapest time to book a hotel? ›
Booking last minute seems to consistently be the cheapest way to book hotels. In the two to three days before your travel day, you will find that prices drop - particularly if you book directly through the hotel's website.What is the hotel outlook for 2023? ›
Upper-priced hotels will lead major market RevPAR growth in 2023. For 2023, major city RevPAR in upper-priced hotels is forecast to increase 10.2 percent, compared with RevPAR projections of 4.4 percent for lower-priced hotels and 7.6 percent for midpriced properties.What is the hotel forecast for 2023? ›
The updated 2023 U.S. hotel rate projections show ADR at around $151.10, which is 2.1 percent over 2022 levels and RevPAR at $96.44, which is 3.7 percent over 2022 levels—all slightly higher expectations than the previous forecast, released in November.What is the least expensive way to book a hotel? ›
- Use Credit Cards With Huge Travel Cash Back Perks. ...
- Sign Up To Hotel Booking Engines Loyalty / Rewards Programs.
- Download Hotel Booking Smartphone Apps. ...
- Check Prices Directly With Hotels. ...
- Book In Advance With Free Cancellation. ...
- Book In Advance With Non-Refundable Rate.
- Booking.com. Best hotel app overall. View now.
- Airbnb. Best hotel app for private stays. View now.
- Hostelworld. Best hotel app for hostels. View now.
- Hotels.com. Best hotel app for cheap hotels. View now.
- HotelTonight. Best hotel app for last-minute stays. View now.
Though it's best to phone ahead, you can negotiate on arrival. If you walk in without a reservation and are unhappy with the rate you are quoted, tell the desk clerk and ask if there is a lower rate or offer a rate that you are willing to pay.
Do hotel prices go up the more you search? ›
Most hotels use revenue management software and other algorithms to automatically update their hotel room rates. If you search different dates for the same location you will notice that hotel prices can go up and down from day to day.Do you get a better room if you book direct with hotel? ›
Advantages of Booking a Hotel Directly
You can often find better rates by booking directly, too — a concern for budget-conscious travelers. By calling a hotel directly, you find out about any specials perks or packages they have available. In some cases, you can get a better room for the same amount of money.
Best Month to Book Domestic Hotels (in the U.S.)
During the month of December, hotel bookings are 6% cheaper on average. The second cheapest month to book a hotel deal in March. Avoid October, as this is the most expensive time to book a hotel stateside.
The best day of the week to book your hotel at the lowest rate is Monday for domestic travel and Tuesday for international travel, according to travel site Expedia.Should I wait until the last minute to book a hotel room? ›
On average, travelers saved about $30 per night by booking last-minute, which can really add up. The savings were even higher for luxury hotels: About 22% cheaper when booked 15 days out. However, if you're traveling to a popular destination or during a busy travel season, you risk not snagging your first-choice hotel.Why are hotel prices not dropping? ›
Hit hard by the Covid-19 pandemic, the hotel industry has bounced back alongside the larger travel industry thanks to pent up demand, delayed trips and increased consumer savings. That hot market has led to rising room prices, something major hotel chain executives say will not subside soon.What is the outlook for hotels? ›
Since the vaccine rollout and easing of pandemic travel restrictions, the travel and hospitality industry has experienced a steady rebound in performance. Consumers, pent up from lack of leisure travel, created a wave of demand for hotels and airlines throughout 2021 and most of 2022.What is the latest trend in hotel services? ›
Virtual assistance is one of the new customer service trends in the hospitality industry. It delivers a superior customer experience by reducing response times, streamlining multiple operations in minutes, changing room status in seconds, and more through the voice commands.Why are hotel prices skyrocketing? ›
Hotel rates — like airfare and pretty much everything else — are largely based on supply and demand. Due in part to the ongoing skills and labor shortage, room supply is not keeping up with pent-up demand.What is the hotel rate for inflation? ›
Basic Info. US Inflation Rate: Hotels and Restaurants is at 7.40%, compared to 7.60% last month and 7.30% last year. This is higher than the long term average of 2.82%.
Why have hotel rates gone up? ›
Tight supply: Hopper's report points out that right now, there are fewer hotel rooms under construction than there were before the pandemic thanks to lockdowns, supply chain snags and rising interest rates. When demand is high and supply is low, prices tend to rise.Is it cheaper to book online or call the hotel? ›
On average, the same-day rate of a hotel room is 10% cheaper than booking in advance.Is it cheaper to book a hotel directly or through booking com? ›
It's Cheaper to Book Direct
When you book directly with the hotel, there are no hidden fees. Using third-party booking services has additional fees that you may on top of the rate. Online travel agents also charge a commission, which could be up to 20% of the booking, from the hotel.
While it's almost always cheaper to book a room last-minute, how much cheaper is it, really? Turns out, though a bit cheaper, don't expect the bargain bin here. Rooms average 13% less when booked last-minute than booked four months in advance.How do I get cheap deals on booking? ›
- Browse Booking.com's dedicated deals page. ...
- Subscribe to see the 'Secret Deals' page. ...
- Become a Booking.com genius. ...
- Book last minute. ...
- Use discount codes. ...
- Use filters wisely. ...
- Check for hidden costs and be wary of misleading sales tactics.
Goibibo being a leading travel website in India has the largest number of hotels on its platform. Not just great prices and great offers, but Goibibo also has the largest collection of hotel reviews, which is very useful in terms of choosing a right hotel for your stay.What app gives discounts on hotels? ›
HotelTonight brings you amazing hotel deals for tonight, tomorrow and beyond! Hotels give us discounts on their unsold rooms and you get to book amazing hotels at great prices. Three taps, one swipe, and you are booked!How do you value a hotel in 60 seconds? ›
Essentially all you need to do is divide the total sales price by the number of rooms to arrive at a PPR (Price Per Room) value.Do hotels monitor your search history? ›
While your hotel's management usually won't be able to see the contents of your communications, they can easily find out what websites you visit and how much time you spend browsing the Internet.Is booking com cheaper on mobile? ›
Over half of all bookings on Booking.com are made on mobile devices. By activating a mobile rate at your property, you can tap into this valuable and expanding traveler segment. All you have to do is offer an exclusive discount of 10% or higher for mobile users.
Do hotel prices change daily? ›
The more often you travel or book travel arrangements for others, the more valuable it is to understand why hotel room rates fluctuate. At any hour of any given day, the same hotel room can be one rate on one site, another on a second website, and a completely different price on the hotel's page.How do you get the best hotel rates? ›
- Compare Prices Online with Hotel Booking Sites.
- Call or Email the Hotel Directly.
- Consider Hotels that Don't Appear on Major Search Sites.
- Search for Coupons Online.
- Don't Forget to Check Sites like AirBnB.
- Visit in the Off-Season.
- Look for Packages.
However you always are within your rights as a guest to request a different room for any reason at all be it a better view, a different size bed or just not loving your room. Do keep in mind that the hotel might not always be able to accommodate these changes but many will try.What day do hotel prices go down? ›
In short, remember that getting the best deal on a hotel room comes down to a few basic rules: Make your bookings on a more favorable day of the week (try Tuesday or the weekend), try for last minute if you can, travel off-season whenever possible, and avoid checking in on Friday.Are Airbnb or hotels cheaper? ›
For solo travellers and couples, Airbnbs are typically more expensive (though NerdWallet's study only looked at "entire place" properties, so people sharing a room or home might still save). NerdWallet compared the price per head for Airbnbs with a maximum capacity of two adults against a hotel room in the same city.Why do hotels not give you 24 hours? ›
Because housekeeping employees typically work 8 a.m. to 4:30 p.m., hotels may need to pay overtime or add shifts to process early check-ins and late checkouts. That's costly. Hotels also risk losing revenue if you check out at, say, 8 p.m.--far past the time most guests are willing to check in.Can you check into a hotel 10 minutes early? ›
If you want to check in early, contact your hotel in advance and explain the situation to them. While it isn't always guaranteed (unless you're an elite member at some hotels), most hotels will do their best to accommodate your request.Will the market go down in 2023? ›
“We feel that going into the fall, the stage will be set for a strong recovery from the 2022-2023 cyclical bear market,” says Keller. But even if that stock recovery slips into 2024, a down market simply provides more time for long-term investors to make their investments at lower prices.How long are prices going to stay high? ›
Demand for services is still on the rise, while the demand for goods continues to moderate. A December analysis by supply chain firm Flexport found the consumer preference for goods is holding steady. This period of inflation could end by the middle of 2023, Hogan estimates.Are hotel prices decreasing? ›
Hotel prices and airfare decline as travel demand cools after summer surge. The price index for hotels and other lodging away from home fell nearly 5% in November from October, according to the latest consumer inflation report. The cooldown follows a surge in summer travel demand.
Will properties go down in 2023? ›
Both Lloyds and Halifax expect house prices to fall 8% in 2023, while Nationwide and online estate agent Zoopla are predicting falls of 5%. The Office for Budget Responsibility (OBR) expects prices to fall 9% over the next two years.Will there be a recession in 2023 USA? ›
The bottom line
Signs point to a recession in 2023, not just in the U.S. but globally, though many experts remain hopeful it will not be too severe. This is good news for everyone, as it could mean fewer people lose their jobs, and household financial impacts will be mild.
Will California homes drop in price? Many experts expect home prices to decrease in California in 2023, with trends already showing slight falls in price. Redfin data for the California housing market shows that home prices fell 4.2 percent from December 2021 to December 2022.Will 2023 be a bull or bear market? ›
The average forecast expects the S&P 500 to end 2023 at 4,009, according to Bloomberg, the most bearish outlook since 1999.Will inflation drop in 2023? ›
The slowing economy is likely to bring the yearly inflation rate down to roughly 3.5%-4.0% by the end of 2023. However, this will still be higher than the Federal Reserve's target of 2.0%-2.5%.Are prices going up in 2023? ›
In 2023, all food prices are predicted to increase 7.1 percent, with a prediction interval of 4.2 to 10.1 percent. Food-at-home prices are predicted to increase 8.0 percent, with a prediction interval of 4.5 to 11.7 percent.What will bring inflation down? ›
Reducing government spending would tamp down on demand-fueled inflation, while at the same time restoring confidence in the ability of the federal government to pay down the debt and thus control inflation expectations.Do hotels negotiate prices? ›
The more expensive the hotel, the more likely it is to be open to negotiation. Sometimes you can get a good rate by doing your negotiating toward the end of the same day you want to stay, but you are taking a chance that nothing will be available or the person with the power to make the decision will not be in.What happens if you book a hotel and the price drops? ›
Did you know that you're entitled to a refund if the price of your hotel room, rental car, or airfare drops after you've booked? Pricing in the travel industry is based on a surge pricing model, also known as supply and demand, which means that rates and fares go up and down all the time.How far will house prices fall in 2023? ›
While average home prices in Quebec are lower compared to BC or Ontario, they did see a bigger general increase last year, going up by 8.6%. In 2023, home prices will dip by 7.4%, giving way to increased sales as mortgage interest rates stabilize, steering away from inflationary measures.
Is it better to buy a house now or in 2023? ›
Experts agree that if you've saved up for a down payment and you're ready to buy, now is as good a time as any—especially if you're currently renting. While we may still see prices drop, you won't save yourself much cash as you continue to pay rent.How much will house prices fall in 2023? ›
Zoopla says all the leading supply and demand indicators it measures 'continue to point to a rapid slowdown from very strong market conditions. We do not see any evidence of forced sales or the need for a large, double digit reset in UK house prices in 2023. We still expect house price falls of up to 5% in 2023.