Do hotel rooms get cheaper closer to the date?
The further from your intended stay, the higher the price. Most affordable time to book is last minute. Graph showing that on average, the closer you get to your travel date, the cheaper hotel rates tend to be. The pattern stands for both hotels in the us and internationally. Some properties hold as little as $25 per night, while others hold more, and upscale or resort properties can reach $200 per night depending on room cost and length of stay. Amounts can rise during peak seasons and at luxury hotels.What’s the sweet spot for cheaper hotel prices? According to a 2023 nerdwallet survey, travelers who book accommodations 15 days before check-in save an average of $81 on nightly room rates compared to booking 11 months in advance.