For years, travelers have been told that booking early is the only way to secure a cheap hotel room. However, empty hotel rooms represent lost revenue, forcing properties to slash prices as the check-in date approaches.
For years, travelers have been told that booking early is the only way to secure a cheap hotel room. However, empty hotel rooms represent lost revenue, forcing properties to slash prices as the check-in date approaches.
Key Findings & Deep Dive
HotelTonight was built to capitalize on these price drops. Our data analysis shows that room rates drop by an average of 15% to 30% when booking within 48 hours of arrival. The deepest discounts are typically found after 4 PM on the day of stay.
Verdict & Recommendation
However, last-minute booking carries the risk of your favorite hotel selling out. For popular holidays, booking in advance is still recommended, but for city trips, last-minute bookings offer incredible savings.
