SINGAPORE, 3 May 2018: TripAdvisor has identified the best times to book hotels at top destinations worldwide.
Its Best Times To Book report released Monday shows when travellers can consistently find and book the lowest hotel prices for trips between June and August this year.
To glean these insights, TripAdvisor analysed historical hotel pricing data to identify the time periods offering the lowest rates on hotels in popular destinations worldwide.
It concluded the “best time to book” was when hotel prices were consistently less than the destination average.
Best Time to Book Hotels for Holidays June to August
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%.
Last-minute planners can find hotel savings when booking within one month of their trip to many US destinations, including New York City.
Top destinations where booking made at the right time offer big savings
Bangkok
Maximum potential savings versus peak when booking within three months: 16%
Average June to August hotel pricing on TripAdvisor: USD 169 per night.
Beijing
Maximum potential savings versus peak when booking between one to four months: 18%
Average June to August hotel pricing on TripAdvisor: USD 201 per night
Hanoi
Maximum potential savings versus peak when booking within two months: 14%
Average June to August hotel pricing on TripAdvisor: USD 134 per night
Tokyo
Maximum potential savings versus peak when booking within one month: 30%
Average June to August hotel pricing on TripAdvisor: USD 273 per night
Sydney
Maximum potential savings versus peak when booking within five weeks: 25%
Average June to August hotel pricing on TripAdvisor: USD 285 per night
Dubai
Maximum potential savings versus peak when booking within three months: 49%
Average June to August hotel pricing on TripAdvisor: USD 336 per night
New York City
Maximum potential savings versus peak when booking within one month: 40%
Average June to August hotel pricing on TripAdvisor: USD 367 per night
Barcelona
Maximum potential savings versus peak when booking between three to nine months: 23%
Average June to August hotel pricing on TripAdvisor: USD 308 per night
Rome
Maximum potential savings versus peak when booking between three to eight months: 22%
Average June – August hotel pricing on TripAdvisor: USD 289 per night
Prague
Maximum potential savings versus peak when booking between three to eight months: 20%
Average June to August hotel pricing on TripAdvisor: USD 222 per night
Paris
Maximum potential savings versus peak when booking between two to seven months: 19%
Average June to August hotel pricing on TripAdvisor: USD 338 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 June to August hotel pricing based on TripAdvisor pricing data from 1 January to 15 April, 2018.