Stats: Best Time to Book U.S. Summer Vacation Hotel 3 Months Out

(Photo by AndreyPopov/iStock/Getty Images Plus/Getty Images) Photo by AndreyPopov/iStock/Getty Images Plus/Getty Images

The best time to book a hotel in the United States for a summer vacation is three months out, according to the new “Best Time to Book” summer report from TripAdvisor.

According to the report, which is based on TripAdvisor hotel pricing data, the least expensive time to book U.S. hotels is within 3 months of a summer trip when travelers can save 9 percent, compared to peak pricing. At the city level, Paris is an example where the best time to book is within 2 months of the summer trip, when travelers can save 23 percent versus the peak rates.

TripAdvisor analyzed hotel pricing data to identify the time periods offering the lowest prices on hotels for summer in nine popular regions and 30 popular cities around the world for the months of June, July and August. The analysis defined "best time to book" as periods when hotel prices were consistently less than the destination average. Below is the breakdown of potential savings when booking hotels in these destinations for summer 2017 compared to the peak rates for summer months.

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Best Time to Book Hotels for Summer in the U.S. and World Regions

  • Book U.S. hotels within 3 months. Travelers researching hotels in the U.S. this summer can find the greatest value (9%) when booking within 3 months of their trip, compared to peak pricing periods. (U.S. hotels average $164 per night during summer.)
  • Within 4 months is best time to book African hotels. Travelers going to Africa will see 8 percent savings on hotels when they book inside of 4 months. (Africa hotels average $176 per night during summer.)
  • Hotels in Asia offer the best rates within 3 months of the trip. Travelers going to Asia can save 14 percent when booking within 3 months of their summer trip. (Asia hotels average $146 per night during summer.)
  • Book Caribbean hotels within 4 months. Travelers going to the Caribbean can save 6 percent when booking 4 months in advance of a summer trip, compared to peak pricing periods. (Caribbean hotels average $184 per night during summer.)
  • Within 3 months is best time to book hotels in Central America. Travelers going to Central America this summer will find consistent hotel rates for summer for most of the year, but booking inside 3 months will save 6 percent. (Central America hotels average $101 per night during summer.)  
  • While the sweet spot for booking European hotels in summer is between 5-9 months, European hotel prices remain fairly consistent within 10 months of a summer trip, only deviating a few percent from the average hotel rate. (Europe hotels average $135 per night during summer.)
  • Book Middle East hotels within 2 months. Travelers going to the Middle East can find greatest savings (19%) when booking within 2 months of their summer trip. (Middle East hotels average $178 per night during summer.)  
  • Hotels in South America offer best rates within 3 months of trip. Travelers going to South America can save 15 percent when booking hotels 3 months in advance of a summer trip, compared to peak rates for summer months. (South America hotels average $115 per night during summer.)
  • Hotels in the South Pacific offer best rates within 2 months of a trip. Travelers going to the South Pacific this summer can save 11 percent when booking within 2 months of their trip. (South Pacific hotels average $150 per night during summer.)

Best Time to Book Hotels for Summer in Popular World Destinations for Travel

  • U.S.:
    • Chicago: Book within 2 months for 18 percent savings
      • Average summer hotel rate: $292/night
    • New York City: Book within 2 months for 23 percent savings
      • Average summer hotel rate: $325/night
    • Orlando: Book within 6 months for 9 percent savings
      • Average summer hotel rate: $163/night
  • World:
    • Bangkok: Book within 6 months for 19 percent savings
      • Average summer hotel rate: $63/night
    • Barcelona: Book 3-9 months out for 33 percent savings
      • Average summer hotel rate: $199/night
    • Beijing: Book 2-3 months out for 17 percent savings
      • Average summer hotel rate: $102/night
    • Berlin: Book 4-8 months out for 10 percent savings
      • Average summer hotel rate: $104/night
    • Budapest: Book 3-5 months out for 35 percent savings
      • Average summer hotel rate: $94/night
    • Buenos Aires: Book within 6 months for 16 percent savings
      • Average summer hotel rate: $89/night
    • Cancun: Book within 4 months for 11 percent savings
      • Average summer hotel rate: $156/night
    • Cape Town: Book within 4 months for 18 percent savings
      • Average summer hotel rate: $106/night
    • Dubai: Book within 6 months for 24 percent savings
      • Average summer hotel rate: $158/night
    • Dublin: Book 4-8 months out for 16 percent savings
      • Average summer hotel rate: $173/night
    • Hanoi: Book 3-7 months out for 17 percent savings
      • Average summer hotel rate: $133/night
    • Hong Kong: Book within 5 months for 23 percent savings
      • Average summer hotel rate: $107/night
    • Istanbul: Book within 5 months for 33 percent savings
      • Average summer hotel rate: $93 /night
    • Jakarta: Book within 6 months for 22 percent savings
      • Average summer hotel rate: $50/night
    • Kuta (Bali): Book within 7 months for 18 percent savings
      • Average summer hotel rate: $278/night
    • Lisbon: Book 4-8 months out for 14 percent savings
      • Average summer hotel rate: $183/night
    • London: Book 5-8 months out for 12 percent savings (travelers yet to book can consistently find rates below the average within 8 months with an opportunity for deeper savings within a month of their trip)
      • Average summer hotel rate: $264/night
    • Marrakech: Book 4-6 months out for 20 percent savings
      • Average summer hotel rate: $106/night
    • Moscow: Book within 3 months for 14 percent savings
      • Average summer hotel rate: $54/night
    • Mumbai: Book within 3 months for 24 percent savings
      • Average summer hotel rate: $73/night
    • Paris: Book within 2 months to save up to 23 percent
      • Average summer hotel rate: $188/night
    • Prague: Book 3-7 months out with 24 percent savings
      • Average summer hotel rate: $97/night
    • Providenciales: Book 3-5 months out for 22 percent savings
      • Average summer hotel rate: $518/night
    • Rome: Book 4-8 months out to save 21 percent on hotels
      • Average summer hotel rate: $125/night
    • Singapore: Book 6-7 months out for 18 percent savings (travelers yet to book can consistently find rates below the average within 8 months)
      • Average summer hotel rate: $215/night
    • Sydney: Book within 3 months for 11 percent savings
      • Average summer hotel rate: $137/night
    • Tokyo: Book 4-7 months out for 18 percent savings
      • Average summer hotel rate: $139/night

Source: TripAdvisor

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