When to book hotel rooms for the best price

Accommodation is one of the expenses that many people have to consider, because it is often quite expensive. Therefore, saving as much as possible on room rates is always a concern. Hotel prices are always changing, based on supply and demand. So when is the best time to book a room?

Book hotel rooms through online applications. Photo: Deposit photos

According to experts from the American travel magazine Travel + Leisure, there is no exact time for the cheapest prices, but there is a relative time.

NerdWallet, a US financial company, analyzed more than 2,500 hotel rooms over two and a half years and found that people who booked 15 days in advance saved an average of 13% compared to booking four months in advance. For example, if you want to stay on March 30, the best time to book is mid-month. This does not take into account holidays or peak seasons.

According to travel app Hopper, 15 days in advance is the best time to visit major cities but not exactly tourist and resort destinations. In these places, Hopper notes that hotel prices are often lowest when booked 2-3 months in advance.

Booking at the last minute (close to check-in time) can save you money because room rates are often slashed, but it also comes with risks. If you wait until the last minute to book, your preferred hotel or other accommodations in the area may be fully booked.

To minimize risk, book 2-3 months in advance at places that offer free cancellation, refunds, and reasonable rates. As your cancellation date approaches, shop around for hotel rates again. If you find a better rate, book the new place and cancel the old one. This method is labor-intensive, but it ensuressurebest price

Many travelers still tell each other that the time of day and week to book a room is also important to save money. But the American magazine said that this is just a "legend". Room rates may vary slightly but not significantly. "Look at the big picture. Choosing a time from 2 weeks to 2-3 months before the trip, depending on the destination, will be more useful. And whenever you find a price that you are satisfied with, book it," according to Travel + Leisure.

According to VnExpress