While you are probably familiar with the popular hack of booking airfare during select days of the week for a cheaper price, did you know that there are also prime times to find the best hotel rates?
Knowing the best time to book a hotel with just a few simple tips and tricks can save you hundreds of dollars on your next vacation - no matter which dream destination is calling you. Using research from travel agencies and top-tier hotel chains, we’ve collected a few hints to help you find the best time to book a hotel for the lowest prices.
Most travel agencies agree that the cheapest days to book hotels are Fridays and Saturdays. While these are the most expensive days for actually checking in and out, the best hotel rates are on the days when most people are traveling.
Booking hotels on Sunday through Wednesday tends to be more expensive, because this is when most people plan their vacations and drive up the prices.
The cheapest day to book hotel reservations also tends to fall within two to three weeks of your trip. Some accommodations will drop their prices about 15 days before your desired date, but the best hotel rates will also depend on the season, holidays, and the type of booking hotels use to make reservations for their customers.
Because the best time to book a hotel is inconsistent, it is recommended to get a refundable booking if you want to secure a room in advance. This way, you can change at the last minute if you find a better deal. If you choose this option, book directlythrough the site to avoid travel agency fees.
If you are booking your hotel in advance, there isn’t a particular time of day that will lower or increase the price of a given room. However, if you are trying to find last minute hotel deals, the best time to book a hotel is after 4pm. This is when hotels will drop their prices to entice travelers to fill their rooms for the night.
For those who are dedicated budget hunters, the best time to book hotel for lowest prices is after 8pm. You might find some hotels that drop their prices significantly at this time to not lose money on an empty room.
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.
While this method is also more risky if you have your eye on a particular suite, experienced travelers will consistently vouch for last minute booking as the cheapest way to book hotels.
Also, if you book directly through the hotel’s website, you have a better chance of getting a room upgrade. Many hotels admit that their best suites are saved for loyalty members or those who are booking hotels directly through their site. Booking hotels through a travel agency or booking engine also means that you are paying a commission.