If you're planning on traveling, it's important to book lodging accommodations like a hotel. Thankfully, it is still possible to find some great rates on awesome hotels in your next vacation destination once you know how to go about accomplishing this task. The three tips outlined below can help you to do just that.
Tip # 1: Use a Booking Agent
Booking agents can make finding a great price on a hotel easier and far more convenient. This is because these agents will do the legwork for you and let you know exactly what the best prices available are at any given time.
When choosing to utilize this tip you will have the option of using either an online booking agent, or you can choose to work with a live agent. While online agents typically offer the fastest results, live agents can offer insider knowledge that you will not get from the generic process of using an online booking site. Either way, you can expect to walk away paying far less for your hotel than you would when booking direct.
Tip #2: Don't Book Too Early
While it can be tempting to book your hotel room months in advance simply for the peace of mind that comes with knowing your vacation plans are all taken care of, booking too early could end up costing you some extra money in the long run. This is because many hotels offer lower prices the closer you get to your travel dates.
The reason that hotels offer last minute pricing on their rooms is really quite simple. The hotel industry runs heavily upon the rules of supply and demand. The more demand there is for hotel rooms on a specific day, the more you are going to pay for this room. However, a hotel cannot make any money off an empty hotel room. Consequently, if a hotel still has rooms left at the last minute, they will often drop the price of these rooms dramatically in order to still earn a profit despite the lower demand. Waiting to book your hotel room will allow you to take advantage of these lower prices.
Tip #3: Remain Flexible Whenever Possible
As previously discussed, hotel rates fluctuate constantly depending upon the supply and demand for any particular day. If your travel dates are flexible you will be able to take advantage of the lowest rates possible. In many cases moving the date of your travel by just a day or two can have a big impact on how much you will pay.
Bonus Tip: Consider a Larger Room Versus Multiple Rooms
If you will be traveling with a larger group, you may wish to consider booking a larger suite rather than paying for multiple rooms. While there can be a bit of a sticker shock at times when seeing the nightly cost of these rooms, it is often cheaper to book one suite rather than booking multiple rooms to accommodate your entire party. Keeping everyone together in one suite can also make for some special vacation memories as you are able to share in more time together even after you return to the hotel each day from your daily excursions.