Do hotel rooms get cheaper closer to booking date?
Booking well in advance often secures lower rates and a wider selection of rooms. However, last-minute bookings can also offer advantages, such as discounted prices, particularly if the hotel is aiming to fill remaining rooms. Booking directly with the hotel often provides more personalized service, greater flexibility for changes or special requests, and access to exclusive deals typically not available on third-party sites, plus perks like early check-in or room upgrades are more likely when you book directly.Booking well in advance often secures lower rates and a wider selection of rooms. However, last-minute bookings can also offer advantages, such as discounted prices, particularly if the hotel is aiming to fill remaining rooms.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.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.