LONDON, UK, 5 April, 2017 – Travellers can save an average of 19% and up to 35% on hotels in popular destinations this summer depending on when they book, says a report released today by the travel planning and booking site, TripAdvisor.
The ‘Best Time to Book’ summer report highlights the least expensive times to book hotels this summer in popular destinations around the globe, based on TripAdvisor hotel pricing data.
“Booking a hotel at just the right time can make all the difference in helping travellers to maximise their budget. While there is no special one size fits all formula, the Best Time to Book report shows that for many destinations, hotel prices are lowest a few months ahead of the trip,” commented TripAdvisor spokesperson, Hayley Coleman.
Of the 28 major destinations included in the research, travellers to Budapest stand to gain the most from booking at the right time – with a potential saving of 35% if booking three to five months out. Istanbul and Barcelona follow, both at 33% when booking within five months and three to nine months out respectively. Dubai comes next at 24% when booking within six months.
For Brits heading to the Middle East and Asia, the biggest savings come when booking closer to the date of the trip. Travellers going to the Middle East can save 19% when booking within 2 months of their summer trip while booking hotels in Asia within three months of the trip can secure 14% off the average summer hotel rate at its peak price.
TripAdvisor analysed hotel pricing data to identify the time periods offering the lowest prices on hotels for summer in nine popular regions and 28 popular cities around the world 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 the best time to book as well as potential savings when booking hotels in these destinations for summer 2017 compared to the peak rates during the same period.
Best Time to Book Hotels for Summer in 28 Popular World Cities:
|
Rank |
Destination |
Best Time To Book (sorted by shortest advance time) |
|
1 |
Paris |
Book within 2 months |
|
2 |
Moscow |
Book within 3 months |
|
3 |
Mumbai |
Book within 3 months |
|
4 |
Sydney |
Book within 3 months |
|
5 |
Cancun |
Book within 4 months |
|
6 |
Cape Town |
Book within 4 months |
|
7 |
Hong Kong |
Book within 5 months |
|
8 |
Istanbul |
Book within 5 months |
|
9 |
Bangkok |
Book within 6 months |
|
10 |
Buenos Aires |
Book within 6 months |
|
11 |
Dubai |
Book within 6 months |
|
12 |
Jakarta |
Book within 6 months |
|
13 |
Kuta |
Book within 7 months |
|
14 |
Beijing |
Book 2-3 months out |
|
15 |
Budapest |
Book 3-5 months out |
|
16 |
Providenciales |
Book 3-5 months out |
|
17 |
Hanoi |
Book 3-7 months out |
|
18 |
Prague |
Book 3-7 months out |
|
19 |
Barcelona |
Book 3-9 months out |
|
20 |
Marrakech |
Book 4-6 months out |
|
21 |
Tokyo |
Book 4-7 months out |
|
22 |
Berlin |
Book 4-8 months out |
|
23 |
Dublin |
Book 4-8 months out |
|
24 |
Lisbon |
Book 4-8 months out |
|
25 |
Rome |
Book 4-8 months out |
|
26 |
London |
Book 5-8 months out |
|
27 |
Rio de Janeiro |
Book 6-7 months out |
|
28 |
Singapore |
Book 6-7 months out |
Savings to be Made When Booking at the Best Time:
|
Rank |
Destination |
Average TripAdvisor Summer Hotel Rate (per night) |
Savings To Be Made Against Average Summer Rate (sorted by most) |
|
1 |
Budapest |
£75 |
35% |
|
2 |
Istanbul |
£74 |
33% |
|
3 |
Barcelona |
£159 |
33% |
|
4 |
Dubai |
£126 |
24% |
|
5 |
Mumbai |
£58 |
24% |
|
6 |
Prague |
£78 |
24% |
|
7 |
Paris |
£150 |
23% |
|
8 |
Hong Kong |
£86 |
23% |
|
9 |
Providenciales |
£414 |
22% |
|
10 |
Jakarta |
£40 |
22% |
|
11 |
Rome |
£100 |
21% |
|
12 |
Rio de Janeiro |
£105 |
21% |
|
13 |
Marrakech |
£85 |
20% |
|
14 |
Bangkok |
£50 |
19% |
|
15 |
Singapore |
£172 |
18% |
|
16 |
Kuta |
£222 |
18% |
|
17 |
Tokyo |
£111 |
18% |
|
18 |
Cape Town |
£85 |
18% |
|
19 |
Hanoi |
£106 |
17% |
|
20 |
Beijing |
£82 |
17% |
|
21 |
Buenos Aires |
£71 |
16% |
|
22 |
Dublin |
£138 |
16% |
|
23 |
Moscow |
£43 |
14% |
|
24 |
Lisbon |
£146 |
14% |
|
25 |
London |
£211 |
12% |
|
26 |
Sydney |
£110 |
11% |
|
37 |
Cancun |
£125 |
11% |
|
28 |
Berlin |
£83 |
10% |
-Ends-
Methodology:
Average summer hotel rates and best times to book are based on TripAdvisor hotel pricing data, aggregated from booking partners.
TripAdvisor analysed data from April 2015 to March 2017, including all hotels with sufficient pricing data.
About TripAdvisor
TripAdvisor® is the world’s largest travel site*, enabling travellers to unleash the potential of every trip. TripAdvisor offers advice from millions of travellers, with 465 million reviews and opinions covering 7 million accommodations, restaurants and attractions, and a wide variety of travel choices and planning features — checking more than 200 websites to help travellers find and book today’s lowest hotel prices. TripAdvisor branded sites make up the largest travel community in the world, reaching 390 million average unique monthly visitors** in 49 markets worldwide. TripAdvisor: Know better. Book better. Go better.
TripAdvisor, Inc. (NASDAQ:TRIP), through its subsidiaries, manages and operates websites under 23 other travel media brands:
www.airfarewatchdog.com, www.bookingbuddy.com, www.citymaps.com, www.cruisecritic.com, www.familyvacationcritic.com, www.flipkey.com, www.thefork.com (including www.lafourchette.com, www.eltenedor.com, www.iens.nl and www.dimmi.com.au), www.gateguru.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.housetrip.com, www.independenttraveler.com, www.jetsetter.com, www.niumba.com, www.onetime.com, www.oyster.com, www.seatguru.com, www.smartertravel.com, www.tingo.com, www.travelpod.com, www.tripbod.com, www.vacationhomerentals.com and www.viator.com.
*Source: comScore Media Metrix for TripAdvisor Sites, worldwide, November 2016
**Source: TripAdvisor log files, Q3 2016
