The Best Time To Book Hotels For Maximum Summer Travel Savings

The Best Time To Book Hotels For Maximum Summer Travel Savings

TripAdvisor®, the travel planning and booking site, announced its "Best Time to Book" summer report, revealing the least expensive times to book hotels this summer in popular destinations across the globe, based on TripAdvisor hotel pricing data. The research showed that the best times to book vary depending on the region or city where the traveler is looking to visit for summer and that for most destinations, the hotel rates change gradually over time, without dramatic increases or decreases in price.

Below is the breakdown of potential savings when booking hotels in these destinations for summer 2017 compared to the peak rates for summer months.

Best Time to Book Hotels for Summer in the U.S. and World Regions

  • Book U.S. hotels within 3 months. Travelers researching hotels in the U.S. this summer can find the greatest value (9%) when booking within 3 months of their trip, compared to peak pricing periods. (U.S. hotels average $164 per night during summer.)
  • Within 4 months is best time to book African hotels. Travelers going to Africa will see 8% savings on hotels when they book inside of 4 months. (Africa hotels average $176 per night during summer.)
  • Hotels in Asia offer the best rates within 3 months of the trip. Travelers going to Asia can save 14% when booking within 3 months of their summer trip. (Asia hotels average $146 per night during summer.)
  • Book Caribbean hotels within 4 months. Travelers going to the Caribbean can save 6% when booking 4 months in advance of a summer trip, compared to peak pricing periods. (Caribbean hotels average $184 per night during summer.)
  • Within 3 months is best time to book hotels in Central America. Travelers going to Central America this summer will find consistent hotel rates for summer for most of the year, but booking inside 3 months will save 6%. (Central America hotels average $101 per night during summer.)  
  • While the sweet spot for booking European hotels in summer is between 5-9 months, European hotel prices remain fairly consistent within 10 months of a summer trip, only deviating a few percent from the average hotel rate. (Europe hotels average $135 per night during summer.)
  • Book Middle East hotels within 2 months. Travelers going to the Middle East can find greatest savings (19%) when booking within 2 months of their summer trip. (Middle East hotels average $178 per night during summer.)  
  • Hotels in South America offer best rates within 3 months of trip. Travelers going to South America can save 15% when booking hotels 3 months in advance of a summer trip, compared to peak rates for summer months. (South America hotels average $115 per night during summer.)
  • Hotels in the South Pacific offer best rates within 2 months of a trip. Travelers going to the South Pacific this summer can save 11% when booking within 2 months of their trip. (South Pacific hotels average $150 per night during summer.)

Best Time to Book Hotels for Summer in Popular World Destinations for Travel

  • U.S.:
    • Chicago: Book within 2 months for 18% savings
      • Average summer hotel rate: $292/night
    • New York City: Book within 2 months for 23% savings
      • Average summer hotel rate: $325/night
    • Orlando: Book within 6 months for 9% savings
      • Average summer hotel rate: $163/night
         
  • World:
    • Barcelona: Book 3-9 months out for 33% savings
      • Average summer hotel rate: $199/night
    • Lisbon: Book 4-8 months out for 14% savings
      • Average summer hotel rate: $183/night
    • London: Book 5-8 months out for 12% savings (travelers yet to book can consistently find rates below the average within 8 months with an opportunity for deeper savings within a month of their trip)
      • Average summer hotel rate: $264/night
    • Paris: Book within 2 months to save up to 23%
      • Average summer hotel rate: $188/night
    • Prague: Book 3-7 months out with 24% savings
      • Average summer hotel rate: $97/night
    • Providenciales: Book 3-5 months out for 22% savings
      • Average summer hotel rate: $518/night
    • Rome: Book 4-8 months out to save 21% on hotels
      • Average summer hotel rate: $125/night

TripAdvisor is the world's largest travel site*. Travelers can read millions of reviews and opinions and book their next trip at www.tripadvisor.com.

The 2017 Greenwich Wine + Food Festival Announces Most Innovative Chefs

The 2017 Greenwich Wine + Food Festival Announces Most Innovative Chefs

The Orchid Show: Thailand at the New York Botanical Garden

The Orchid Show: Thailand at the New York Botanical Garden