TripAdvisor®, the travel planning and booking site, today announced its “Best Time to Book” report, revealing when Australian travellers can consistently find and book the lowest hotel prices for trips to warmer climates this winter.
To glean these insights, TripAdvisor analysed historical hotel pricing data to identify the time periods offering the lowest rates on hotels this winter in popular destinations around the world. The “best time to book” is when hotel prices were consistently less than the destination average.
Best Time to Book Hotels This Season
- For a hotel in Asia, travellers booking within five weeks of their trip can save as much as 22%, compared to early year peak rates.
- While early birds tend to do better when booking Europe, travellers thinking about visiting Paris and London in August can book within five weeks of their trip to save up to 23% and 25%.
- The average rate for a South Pacific hotel is AUD $408 per night, and savvy Aussie travellers who book within two months of their trip can save as much as 9%, compared to early year peak rates.
- Last-minute planners can find hotel savings when booking within one month of a summer trip to many U.S. destinations, including: New York City, Las Vegas, Washington, D.C., Miami and Philadelphia, among others.
Global Destinations Where Booking During the Right Time Can Save You Big
- Max. potential savings vs. peak when booking within 3 months of a trip: 49%
- Average hotel pricing on TripAdvisor: AUD $334per night
- Max. potential savings vs. peak when booking within 1 month of a trip: 40%
- Average hotel pricing on TripAdvisor: AUD $364 per night
- Max. potential savings vs. peak when booking within 1 month of a trip: 30%
- Average hotel pricing on TripAdvisor: AUD $270 per night
- Max. potential savings vs. peak when booking between 3-9 months of a trip: 23%
- Average hotel pricing on TripAdvisor: AUD $306 per night
- Max. potential savings vs. peak when booking between 3-8 months of a trip: 22%
- Average hotel pricing on TripAdvisor: AUD $287 per night
- Max. potential savings vs. peak when booking between 3-8 months of a trip: 20%
- Average hotel pricing on TripAdvisor: AUD $221 per night
- Max. potential savings vs. peak when booking between 2-7 months of a trip: 19%
- Average hotel pricing on TripAdvisor: AUD $335 per night
- Max. potential savings vs. peak when booking between 1-4 months of a trip: 18%
- Average hotel pricing on TripAdvisor: AUD $200 per night
- Max. potential savings vs. peak when booking within 3 months of a trip: 14%
- Average hotel pricing on TripAdvisor: AUD $259 per night
Methodology
Best Time to Book windows and hotel savings compared to peak rates based on TripAdvisor pricing data from July 2016 through August 2017.
Average hotel pricing based on TripAdvisor pricing data from January 1 – April 15, 2018.
Currency conversion from USD to AUD was done using rates available on xe.com as of April 24, 2018.