TripAdvisor has announced the “Best Time to Book” for the Holidays report, revealing that November 6-18 is when travellers can consistently find the lowest hotel rates on hotels for the last two weeks of December.
TripAdvisor analyzed historical hotel pricing data to identify the time periods offering the lowest rates on hotels for the holidays in popular destinations around the world. The “best time to book” is when hotel prices were consistently less than the destination average.
For a hotel in the U.S., travellers booking during the optimal period of November 6-18 can save 18% compared to early year peak rates. Travellers planning to stay in a hotel in Europe can book during this window to save 21% compared to peak and for hotels in Asia, travellers can get 12% off versus highs.
While airfare changes frequently and are dependent on the departure destination, this year, with the Christmas holiday falling on a Monday, travellers can save 14 per cent on average by flying on Sunday, December 24 compared to flying the day before on Saturday, December 23. Similarly, flying on New Year’s Eve (Sunday, December 31) will save travellers 12-23 per cent on average vs. flying on other days during the last week of December.
“The approaching holiday season has travellers looking for best prices and bargains for their travel considering hotels and flight prices soar during this time. TripAdvisor’s Best Times to Book report is meant to help price conscious Indian travellers feel confident that they’re going to make the most of their travel budgets and that they have a great time this year-end,” said Nikhil Ganju, Country Manager, TripAdvisor India.