NEEDHAM, Mass., April 25, 2018 /PRNewswire/
-- TripAdvisor®, the travel planning
and booking site, today announced its "Best Time to Book" report,
revealing when travelers can consistently find and book the lowest
hotel prices for summer trips. To glean these insights, TripAdvisor
analyzed historical hotel pricing data to identify the time periods
offering the lowest rates on hotels for summer in popular
destinations around the world. The "best time to book" is when
hotel prices were consistently less than the destination
average.
Within a Month of a Trip is Often the Best Time to Book
Hotels this Summer
- The average rate for a U.S. hotel this summer is $236 per night, and travelers who book within a
month of their trip can save as much as 15%, compared to early year
peak rates.
- Boston, Chicago, Orlando, San
Diego, Las Vegas,
Miami, New York City, Philadelphia, San
Francisco and Washington,
D.C. are among U.S. cities that see some of the most
significant savings when booking within a month of a summer trip,
up to 40%.
- While early birds tend to do better when booking Europe, travelers thinking about visiting
Paris and London in August can book within five weeks of
their trip to save up to 25%.
"Travelers planning their summer trips can still save on hotels
(and flights) to amazing destinations around the world," said
Brooke Ferencsik, senior director of
communications for TripAdvisor. "The great news is that it doesn't
matter if you are a last minute traveler or someone who likes to
plan all aspects of your trip months in advance. There are lots of
savings to be had so you can afford to go."
10 U.S. Cities Where Booking Within One Month of Your Summer
Trip Can Save You Big
New York City
- Max. potential savings vs. peak pricing: 40%
- Average summer hotel pricing on
TripAdvisor: $277 per night
Las Vegas
- Max. potential savings vs. peak pricing: 40%
- Average summer hotel pricing on
TripAdvisor: $161 per night
Minneapolis
- Max. potential savings vs. peak pricing: 37%
- Average summer hotel pricing on
TripAdvisor: $190 per night
Washington,
D.C.
- Max. potential savings vs. peak pricing: 34%
- Average summer hotel pricing on
TripAdvisor: $232 per night
Miami
- Max. potential savings vs.
peak pricing: 34%
- Average summer hotel pricing on
TripAdvisor: $153 per night
Philadelphia
- Max. potential savings vs.
peak pricing: 33%
- Average summer hotel pricing on
TripAdvisor: $202 per night
New Orleans
- Max. potential savings vs. peak pricing: 32%
- Average summer hotel pricing on
TripAdvisor: $224 per night
Atlanta
- Max. potential savings vs.
peak pricing: 31%
- Average summer hotel pricing on
TripAdvisor: $184 per night
San Francisco
- Max. potential savings vs. peak pricing: 31%
- Average summer hotel pricing on
TripAdvisor: $297 per night
Pittsburgh
- Max. potential savings vs.
peak pricing: 25%
- Average summer hotel pricing on
TripAdvisor: $190 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 summer hotel pricing based on TripAdvisor pricing data
from January 1 – April 15, 2018.
About TripAdvisor
TripAdvisor, the world's largest
travel site*, enables travelers to unleash the full potential of
every trip. With over 600 million reviews and opinions covering the
world's largest selection of travel listings worldwide – covering
approximately 7.5 million accommodations, airlines, attractions,
and restaurants -- TripAdvisor provides travelers with the wisdom
of the crowds to help them decide where to stay, how to fly, what
to do and where to eat. TripAdvisor also compares prices from more
than 200 hotel booking sites so travelers can find the lowest price
on the hotel that's right for them. TripAdvisor-branded sites are
available in 49 markets, and are home to the world's largest travel
community of 455 million average monthly unique visitors**, all
looking to get the most out of every trip. TripAdvisor: Know
better. Book better. Go better.
The subsidiaries and affiliates of TripAdvisor,
Inc. (NASDAQ:TRIP) own and operate a portfolio of websites
under 20 other travel media brands:
www.airfarewatchdog.com, www.bookingbuddy.com, www.citymaps.com, www.cruisecritic.com,
www.familyvacationcritic.com, www.flipkey.com, www.thefork.com (including www.lafourchette.com,
www.eltenedor.com, www.iens.nl and www.dimmi.com.au), www.gateguru.com, www.holidaylettings.co.uk,
www.holidaywatchdog.com, www.housetrip.com, www.jetsetter.com,
www.niumba.com, www.onetime.com, www.oyster.com, www.seatguru.com,
www.smartertravel.com, www.tingo.com, www.vacationhomerentals.com and www.viator.com.
* Source: comScore Media Metrix for TripAdvisor Sites,
worldwide, November 2017
** Source: TripAdvisor log files, average monthly unique
visitors, Q3 2017
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SOURCE TripAdvisor