SINGAPORE, Oct. 9, 2015 /PRNewswire/ -- Agoda.com, one of
the world's leading accommodation sites and part of Nasdaq-listed
Priceline Group (Nasdaq:PCLN), announced today the results of its
most recent Travel Smart study: a trip-planning calendar that helps
travelers find the best hotel deals all over the world.
Based on booking data from millions of guests who used Agoda.com
in 2014, the study analyzed hotel prices at 25 of the most popular
tourist destinations in the world. For many destinations across the
globe, the cheapest time to book hotels is in the beginning of the
year. Average room rates during the first two weeks of January were
below average in 22 of the 25 markets the study looked at. Though
most travelers don't think of September and October as high season,
those months are often the most expensive months for hotel
rooms.
When to find bargains depends on where you are traveling.
Mid-March is a great time to visit Europe, as hotel rooms in Paris, Berlin, Rome,
Amsterdam, Barcelona, Stockholm and London are as much as 20% cheaper than
average. July is considered high season in many destinations, but
hotel rooms in Sydney and
New York are actually cheaper than
average then. The last week in December, also considered high
season in most destinations, is also a great time to travel to
Stockholm.
How much can you save? Price variations from month to month can
be significant. On average, a hotel room in Berlin, for example, costs 51% more in
September compared to January. Visit Barcelona in January and you'll save 49% off
the average room price. November through February, Istanbul hotels are about 23% cheaper than
average. In June, they're 21% more expensive.
"For many travelers, price is the most important factor in
deciding when and where to go. This data can help our customers get
the most out of their money," said John
Brown, Chief Operating Officer of Agoda.com.
Click here for a weekly breakdown of hotel prices around the
world.
Unfortunately, if you're traveling to Asia on a budget, you won't find many low
season bargains. Hotel prices in Asia's most popular destinations are
consistent throughout the year and discounts aren't too dramatic.
For example, if you're traveling to Hong
Kong, the biggest discount you'll get is in May or June,
when average prices are around 11% off.
Across the globe, the most expensive months for hotel rooms is
October, when 21 of the 25 markets studied had higher than average
room rates.
The study looked at booking data for 2014, but certain annual
holidays, such as Chinese New Year
and Ramadan, and events, such as the
Milan Furniture Fair, take place on different dates each year and
will affect rates.
For more information about the study, please contact
Nico Marco, public relations leader,
at nico.marco@agoda.com and +66-(0)2-625-9200.
To connect with Agoda.com and learn about special deals and
promotions on hotels worldwide, like us on Facebook or
follow us on Google+, Instagram, or
Pinterest.
About Agoda Company Pte Ltd:
Agoda Company Pte Ltd (Agoda.com) is a leading Asia-based, online accommodation reservations
company, which specializes in securing the lowest discount
accommodation prices. Agoda.com is part of The Priceline Group
(Nasdaq:PCLN). Agoda.com's network includes more than 750,000
hotels and other accommodation properties worldwide. The
multinational staff of more than 2,000 professionals, located
throughout the world, provides a first-rate reservation service
that uniquely combines local knowledge and local connections to
provide the best accommodation deals to both business and leisure
travelers.
A member of the Pacific Asia Travel Association (PATA),
Agoda.com's aim is to promote travel by making it more affordable
and more accessible to more people. AGODA® is a registered
trademark of AGIP LLC, used under license by Agoda Company Pte.
Ltd.
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