What Is The Best Time to Book Your Hotel for Summer Vacation?
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When planning for summer vacation, securing a hotel room is easily among a traveler's top priorities. But knowing when to book and save on that room could be the difference between staying an extra night or two or going home early.
Fortunately, just in time for summer travel, TripAdvisor has published its "Best Time to Book" report, a guide that recommends when travelers should book their accommodations to save the most.
The world's largest travel website examined hotel bookings and interest in nine of the most popular regions around the world for the upcoming summer months of June, July and August, defining the best time to book as those periods when room rates dropped below the destination's average.
According to the report, travelers eyeing a vacation in the U.S. won't miss out on notable savings if they book well in advance or at the last minute, but will likely come away with the best possible deal if they book within two months of their trip, saving roughly seven percent on their hotel room.
Caribbean-bound travelers can also save about seven percent when booking within four months of their summer vacation, the report found.
However travelers stand to gain much more when booking their hotel ahead of time for a trip to Europe. Those heading to Europe can save approximately 23 percent on their room when they book between three to five months ahead of their departure.
Meanwhile, similar savings are available for those booking a summer vacation accommodation in South America inside of four months before their trip. Those travelers can save as much as 20 percent, while those who wait until just a few weeks out are likely to save anywhere between two and four percent off peak booking prices.
Notable deals are also available on hotel rooms in Asia (inside three months) and the Middle East (within four months) for those travelers who book during the sweet spot, while well-timed Central America bookings (within three months) are likely to net travelers a modest seven percent savings.
Travelers vacationing in Africa and or the South Pacific during summer will want to book within five months of their trip, when they can save as much as 21 percent on a hotel room in Africa and 19 percent on a room in the South Pacific.
TripAdvisor also analyzed 25 of the most popular cities around the globe, revealing the best time to book a hotel room for summer travel.
Bangkok – Within three months for 16 percent savings
Barcelona – 2-7 months out for 27 percent savings
Beijing – 2-6 months out for 16 percent savings
Berlin – 2-5 months out for 33 percent savings
Buenos Aires – 1-4 months out for 19 percent savings
Cancun – 2-4 months for 16 percent savings
Cape Town – Within three months for 13 percent savings
Dubai – Within two months for 40 percent savings
Dublin – 2-5 months out for 14 percent savings
Hanoi – Within three months for 16 percent savings
Istanbul – Within five months for 29 percent savings
Jakarta – Within three months for 39 percent savings
London – 3-5 months out for 18 percent savings
Marrakech – Within four months for 28 percent savings
Moscow – 4-7 months out for 55 percent savings
Mumbai – Within three months for 17 percent savings
New York City – 2-4 months out for 25 percent savings
Orlando – 1-4 months for 10 percent savings
Paris – Within four months for 32 percent savings
Prague – 2-5 months for 33 percent savings
Rio – 3-5 months out for 11 percent savings
Rome – 3-5 months for 32 percent savings
Singapore – two weeks to five months for 26 percent savings
Sydney – Within 5 five for 34 percent savings
Tokyo – 2-5 months for 31 percent savings
"Travelers researching trips almost always want to know – am I booking at the right time, or will I save money by booking later," said TripAdvisor's senior director of communications Brooke Ferencsik in a statement. "The report shows there are a variety of time periods during the year when it’s ideal to book on TripAdvisor depending on the destination, and savvy travelers can use these insights for significant savings when booking their hotels for summer."
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