The best time to score mega savings on hotels

Couple relaxing in swimming pool on hotel rooftop

Planning a getaway soon? Tripadvisor reveals the best time to book hotels that can save travellers as much as 35 per cent in popular cities worldwide.

Tripadvisor has announced its “Best Time to Book” report based on their hotel pricing data, revealing the least expensive times to book hotels this winter in popular destinations across the globe.

The best times to book vary depending on the region or city where Australians may be looking to visit, and that for most destinations the hotel rates change gradually in price over time, rather than with a dramatic increase or decrease.

“Bargain hunters know that timing is crucial when it comes to booking the lowest hotel prices,” said Brooke Ferencsik, senior director of communications for TripAdvisor.

“TripAdvisor data shows that travellers can often find the best prices on hotels months in advance, with a booking sweet spot typically within 3 months of their trip. By doing their homework and comparing prices on sites like TripAdvisor, along with insights from this report, travellers can discover the best deals on their hotels.”

TripAdvisor analysed hotel pricing data to identify the time periods offering the lowest prices on hotels in 19 world destinations popular with Australian travellers, for the months of June, July and August. The analysis defined “best time to book” as periods when hotel prices were consistently less than the destination average.

Below is the breakdown of potential savings when booking hotels in these destinations this winter compared to the peak rates over the same time.

Best Time to Book Hotels this Winter in Popular World Destinations

(Average hotel rates based on June – August 2017 time period)

  • Bangkok: Book within 6 months for 19 per cent savings

          –  Average hotel rate: $63/night 

  • Barcelona: Book 3-9 months out for 33 per cent savings

          –  Average hotel rate: $199/night 

  • Beijing: Book 2-3 months out for 17 per cent savings 

          –  Average hotel rate: $102/night 

  • Berlin: Book 4-8 months out for 10 per cent savings   

          –  Average hotel rate: $104/night 

  • Budapest: Book 3-5 months out for 35 per cent savings

          –  Average hotel rate: $94/night 

  • Dubai: Book within 6 months for 24 per cent savings

          –  Average hotel rate: $158/night 

  • Hanoi: Book 3-7 months out for 17 per cent savings

          –  Average hotel rate: $133/night 

  • Hong Kong: Book within 5 months for 23 per cent savings

          –  Average hotel rate: $107/night 

  • Jakarta: Book within 6 months for 22 per cent savings

          –  Average hotel rate: $50/night 

  • Bali: Book within 7 months for 18 per cent savings

          –  Average hotel rate: $278/night 

  • Lisbon: Book 4-8 months out for 14 per cent savings

          –  Average hotel rate: $183/night 

  • London: Book 5-8 months out for 12 per cent savings (travellers yet to book can consistently find rates below the average within 8 months with an opportunity for deeper savings within a month of their trip)

          –  Average hotel rate: $264/night 

  • Mumbai: Book within 3 months for 24 per cent savings

          –  Average hotel rate: $73/night 

  • Paris: Book within 2 months to save up to 23 per cent

          –  Average hotel rate: $188/night 

  • Prague: Book 3-7 months out with 24 per cent savings

          –  Average hotel rate: $97/night 

  • Rome: Book 4-8 months out to save 21 per cent on hotels 

          –  Average hotel rate: $125/night 

  • Singapore: Book 6-7 months out for 18 per cent savings (travellers yet to book can consistently find rates below the average within 8 months)

          –  Average hotel rate: $215/night 

  • Tokyo: Book 4-7 months out for 18 per cent savings

          –  Average hotel rate: $139/night 

  • New York City: Book within 2 months for 23 per cent savings

          –  Average hotel rate: $325/night 

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