Accommodations are a significant portion of what you pay for your trip. To get the best rates possible you have to do some work, i.e., compare, time it right and find the best rate not luck. When you know how accommodations are priced and when they book them you will be able to save money and still enjoy your vacation.
1. Know How Prices Vary During the Seasons
How many people want to go somewhere during the holiday season? How many people want to go somewhere in the summer? If you can plan around these seasons (i.e., winter) you can usually get better rates.
If you have flexibility with your vacation plans you may be able to negotiate a lower rate. Timing is everything when it comes to getting the best rate possible.
2. Compare Prices Across Different Booking Platforms
Rates vary depending on whether you are booking directly through the hotel’s website versus booking through a 3rd party website (e.g., Expedia.com). The most effective way to get the best rate is to compare prices across multiple platforms.
When you book directly through the hotel’s website you may also receive additional perks (e.g., flexible cancellation policy).
Comparing prices is the most effective way to make sure you get the best rate for your accommodations.
3. Use Your Hotel Rewards Program
If you are a frequent traveler you should consider joining the hotel rewards program. Not only will you earn points that you can use toward future accommodations but you will also save money on your current accommodations.
Hotel rewards programs help you retain the value of your dollars spent by allowing you to accumulate points.
Participating in hotel rewards programs strategically will help you save money.
4. Watch For Rate Changes Prior to Arrival
If you booked your accommodations on a platform that allows you to cancel for free then you may want to check the rates periodically prior to arrival to see if they have dropped.
By actively checking for rate changes you can avoid paying too much for your accommodations.
Being proactive will give you more control over your budget.
Summary
To book your accommodations at the best rates possible you need to have knowledge of the seasons and how prices change during different times of the year, compare prices among multiple booking platforms, participate in your hotel’s rewards program and be vigilant about checking prices before your arrival date. By using all of these strategies you will be able to save money on your accommodations while still being comfortable and having the amenities you want. Additionally, this type of strategic planning will ensure that your travel budget remains intact and that you get the most out of your money.
