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Save up to 49% by booking your summer holiday hotel at this specific time

Shutterstock / Konstantin Stepanenko
Shutterstock / Konstantin Stepanenko

Did you know you could save money - quite a lot of money - on your summer holiday hotel room rate depending on when you book your stay?

It might seem obvious that the earlier you book, the cheaper room, but research conducted by travel site TripAdvisor has found that's not necessarily the case. Indeed, depending on your destination, sometimes booking within a month of travel is more likely to secure you the best deal.

Using hotel pricing data gathered from the site, TripAdvisor compiled a 'Best Time to Book' report to uncover when British holidaymakers might save the most, and found that booking a few months ahead of travel is usually the best time.

Looking at price trends from 15 popular destinations over the last two summers, the report identified the time when hotel rates were cheapest, and also what the average overall summer room rate was for each of the destinations.

What it found was, those looking to vacation in Dubai will save the most by booking at a specific time - up to 49% if they book within three months - whilst those heading off to New York can make savings of up to 40% by booking within one month, and those going to Tokyo might save 30% booking within the same time frame.

The report also found that out of the 15 popular world destinations assessed, the cheapest summer room rates per night - on average - could be found in Hanoi (at £71 per night), whilst the most expensive, at an average of £260 per night, was Cancun.

Want to know if your dream holiday destination featured on the list?

Check it out below...

Best time to book hotels for most popular destinations this summer

1. Dubai, Book within 3 months, save 49%

2. New York City, Book within 1 month, save 40%

3. Tokyo, Book within 1 month, save 30%

4. Sydney, Book within 5 weeks, save 25%

5. Barcelona, Book 3-9 months ahead, save 23%

6. Rome, Book Book 3-8 months ahead, save 22%

7. Prague, Book 3-8 months ahead, save 20%

8. Paris, Book 2-7 months ahead, save 19%

9. Bangkok, Book within 3 months, save 16%

10. Orlando, Book within 5 months, save 15%

11. Hanoi, Book within 2 months, save 14%

12. Singapore, Book within 3 months, save 14%

13. Buenos Aires, Book 3-6 months ahead, save 12%

14. Cape Town, Book within 2 months, save 12%

15. Cancun, Book 5-8 months ahead, save 11%

(Alamy Stock Photo)
(Alamy Stock Photo)

Average hotel rates for most popular destinations this summer

1. Hanoi, £71

2. Buenos Aires, £87

3. Bangkok, £90

4. Prague, £118

5. Singapore, £139

6. Orlando, £143

7. Tokyo, £145

8. Sydney, £151

9. Rome, £153

10. New York City, £160

11. Barcelona, £164

12. Cape Town, £169

13. Dubai, £179

14. Paris, £179

15. Cancun, £260