The FINANCIAL — TripAdvisor, the site that helps find the latest reviews and lowest prices, on November 8 announced the “Best Time to Book” for the Holidays report, revealing that November 6-18 is when travelers can consistently find the lowest hotel rates on hotels for the last two weeks of December.
TripAdvisor analyzed historical hotel pricing data to identify the time periods offering the lowest rates on hotels for the holidays in popular destinations around the world. The “best time to book” is when hotel prices were consistently less than the destination average.
Best Time to Book a Hotel for the Holidays – Nov. 6-18
For a hotel in the U.S., travelers booking during the optimal period of November 6-18 can save 18% compared to early year peak rates. Travelers planning to stay in a hotel in Europe can book during this window to save 21% compared to peak and for hotels in Asia, travelers can get 12% off versus highs.
Best Time to Fly – Sunday Savings
While airfare changes frequently and are dependent on the departure destination, this year, with the Christmas holiday falling on a Monday, travelers can save 14% on average by flying on Sunday, December 24 compared to flying the day before on Saturday, December 23. Similarly, flying on New Year’s Eve (Sunday, December 31) will save travelers 12-23% on average vs. flying on other days during the last week of December.
“Travelers wondering when they should book can rejoice in knowing there’s still time to find and book the best prices on hotels for the holidays,” said Brooke Ferencsik, senior director of communications for TripAdvisor.
10 Popular World Cities with Price Savings vs. Peak for Booking Hotels from Nov. 6-18
New York City
Average holiday hotel pricing on TripAdvisor: $301 per night
Potential savings vs. peak when booking from November 6-18: 25%
Highly-rated Value Hotel: The Redbury New York – TripAdvisor holiday pricing from $227 per night
Orlando
Average holiday hotel pricing on TripAdvisor: $193 per night
Potential savings vs. peak when booking from November 6-18: 15%
Highly-rated Value Hotel: Hyatt Place Orlando Universal – TripAdvisor holiday pricing from $166 per night
Average holiday hotel pricing on TripAdvisor: $155 per night
Potential savings vs. peak when booking from November 6-18: 31%
Highly-rated Value Hotel: Club Quarters Hotel, Lincoln’s Inn Fields – TripAdvisor holiday pricing from $140 per night
Paris
Average holiday hotel pricing on TripAdvisor: $150 per night
Potential savings vs. peak when booking from November 6-18: 35%
Highly-rated Value Hotel: COQ Hotel Paris – TripAdvisor holiday pricing from $140 per night
Barcelona
Average holiday hotel pricing on TripAdvisor: $166 per night
Potential savings vs. peak when booking from November 6-18: 32%
Highly-rated Value Hotel: Hotel Pulitzer – TripAdvisor holiday pricing from $140 per night
Prague
Average holiday hotel pricing on TripAdvisor: $118 per night
Potential savings vs. peak when booking from November 6-18: 35%
Highly-rated Value Hotel: Lindner Hotel Prague Castle – TripAdvisor holiday pricing from $90 per night
Rome
Average holiday hotel pricing on TripAdvisor: $113 per night
Potential savings vs. peak when booking from November 6-18: 28%
Highly-rated Value Hotel: Hotel Villa San Pio – TripAdvisor holiday pricing from $100 per night
Singapore
Average holiday hotel pricing on TripAdvisor: $111 per night
Potential savings vs. peak when booking from November 6-18: 19%
Highly-rated Value Hotel: Ibis Singapore on Bencoolen – TripAdvisor holiday pricing from $98 per night
Tokyo
Average holiday hotel pricing on TripAdvisor: $137 per night
Potential savings vs. peak when booking from November 6-18: 24%
Highly-rated Value Hotel: Hotel JAL City Haneda Tokyo – TripAdvisor holiday pricing from $100 per night
SydneyAverage holiday hotel pricing on TripAdvisor: $207 per night
Potential savings vs. peak when booking from November 6-18: 41%
Highly-rated Value Hotel: Vulcan Hotel – TripAdvisor holiday pricing from $150 per night
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