What Time Do Hotels Drop Their Prices?
Are you looking for the best deal on a hotel room? Knowing when to book your hotel room can save you a lot of money. A 2021 NerdWallet study found that the ideal amount of time to book a hotel room is only 15 days before your trip.
Why Book 15 Days Before?
The NerdWallet study looked at more than 2,500 hotel room rates between 2019 and 2021. They found that rates were about 13% cheaper when booked 15 days before compared to four months before. This means that if you book your hotel room 15 days before your trip, you can save a significant amount of money.
How to Find the Best Deals
When looking for the best deals on hotel rooms, it is important to do your research. There are a few different ways to find the best deals.
First, you can compare prices on different websites. Many websites offer discounts and deals on hotel rooms. You can compare prices on different websites to find the best deal.
Second, you can sign up for loyalty programs. Many hotels offer loyalty programs that give you discounts on hotel rooms. You can sign up for these programs to get discounts on your hotel room.
Third, you can use price comparison websites. Price comparison websites allow you to compare prices from different hotels in one place. This makes it easier to find the best deal on a hotel room.
Finally, you can use coupon codes. Many websites offer coupon codes that can be used to get discounts on hotel rooms. You can use these coupon codes to get discounts on your hotel room.
When to Book
The best time to book a hotel room is 15 days before your trip. This is when you can get the best deals on hotel rooms. However, it is important to keep in mind that prices can change quickly. If you find a good deal, it is best to book it right away.
Conclusion
Knowing when to book your hotel room can save you a lot of money. A 2021 NerdWallet study found that the ideal amount of time to book a hotel room is only 15 days before your trip. You can also find the best deals by comparing prices on different websites, signing up for loyalty programs, using price comparison websites, and using coupon codes. If you find a good deal, it is best to book it right away.