Marrakech, Morocco
MAKING hotel bookings on TripAdvisor at optimal times can result in savings of about 20 per cent for the period of June to August, according to the company’s recently released Best Time to Book report.
The research shows that the least expensive time to book hotels in Asia is within three months ahead of stay, when travellers can save about 23 per cent compared to the most expensive booking period.
As for hotels in the Middle East, the optimal booking period is within four months ahead, when travellers can get 24 per cent savings. Prices increase slightly between weeks three to four before dropping again for last minute deals within a couple weeks of the travel date.
The best time to book hotels in Europe is three to five months ahead, when travellers can save 23 per cent compared to the peak period.
In comparison, hotel prices in some regions can be relatively uniform over time.
For example, US hotel pricing remains fairly steady throughout the year, with those booking within two months of their trip saving about seven per cent.
Savings are also modest for those booking hotels in Central America. The best time to book is three months ahead, when travellers will be able to save about seven per cent compared to peak periods.
