How to Save Money on Holiday: 5 ways to Reduce the cost of Accommodation

How to Save Money on Holiday: 5 ways to Reduce the cost of Accommodation
August 11, 2017 Lauren Howells

Save money on holiday accommodation

Holiday accommodation can be expensive, especially at this time of year, when the schools are off and the demand is high. The weakened pound has also added to holiday prices for those looking to go abroad. If you are searching for how to make some substantial savings on your holiday, then you have come to the right place.

Here at CashLady, we’ve come up with some tips and tricks that you can use to save money on your holiday accommodation.

  1. Choose your dates wisely

Peak prices are enough to make even the most seasoned traveller consider staying at home. However, there are some times during the school holidays that are usually cheaper than others.

Accommodation for the last week of the summer holidays can be much cheaper than holiday accommodation at the beginning or middle of the holidays when demand is often higher.

Compare prices online to see what you could save on your hotel or gîte by going on a different date.

Even better, you could get a much more attractive deal by going away in October half term, rather than following the summer crowds.

  1. Holiday accommodation for free

If you live somewhere that you think other people may like to visit for their holidays, why not consider a home swap? In essence, this involves people who live where you want to go on holiday, staying in your house, while you go and stay in theirs.

This could provide you with free accommodation. However, you would have to be comfortable with strangers staying in your home. Always ensure that you use a reputable agency, such as homeexchange.com or homelink.org.uk.

It is worth bearing in mind that you may need to get additional insurance if you do decide to go ahead. A good agency should be able to help you with this.

  1. Pools add pounds

Whether you are thinking about booking a gîte in France or a villa in Spain, consider whether you really need a pool.

Pools add significant costs to holiday accommodation and may not always be necessary. If you are near a good beach, you could swim in the sea, instead. Alternatively, check if there is a public open air swimming pool nearby, for those days that you fancy a dip.

Save money on holiday accommodation

If you are opting for a UK-based holiday, you could potentially save some serious cash by making use of university rooms when the students have gone home for the summer. You could approach a university in your desired area, directly, to get more information.  Alternatively, universityrooms.com lists a variety of university rooms around the world.

  1. Hotel comparison websites

Comparison websites, such as trivago, enable users to compare hotels and prices in a wide range of different locations, worldwide.

Although these are useful for the holiday maker looking to save cash, it is important to research exactly what is and is not included. Do you get breakfast? Is wifi extra?

If you find a hotel you like, it can also be helpful to look on that hotel’s website (if they have one), to see if they are offering any better deals.

  1. Take a look at the best time to book

Research released earlier in the year by travel search engine Kayak, found that there may be savings to be made when booking 3 or 4-star hotels if you book at the right time. On average, Kayak found this was at around one to two months before you intend to arrive.

Kayak found that Benidorm and Dublin, for example, offered savings on accommodation by booking two months before you intend to travel. Places to stay in destinations such as Paris and Amsterdam may be available at the best prices by booking only one month in advance.

However, if you are looking to go away outside of Europe, you may need to consider booking your accommodation further ahead. According to Kayak’s data, the biggest savings for Hong Kong could be made by booking 4 months in advance. If you want to go to Cancun, Mexico, you may need to book 6 months in advance to get the biggest savings.

The largest savings may be made in New York, on the other hand, by booking your accommodation only 1 month in advance.

Conclusion

By carefully considering when you travel (as well as when you book your holiday!) and separating out your wants and needs, when it comes to what type of accommodation you would like to stay in, there could be some big savings to be made on holiday accommodation.

Bon voyage!

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