Are Hotel Rates More Expensive On Weekends? - What You Should Know
It is most likely that your hotel experience will contribute significantly to the quality of your travel. Hence, when booking for accommodation, it helps to find one that offers the amenities that you need within your budget limit.
If you are fond of booking hotels online, you may notice that hotel rates are always changing. The room you booked for the weekday may have changed prices over the weekend. Are hotels more expensive on weekends, or are they cheaper? Learn the basics of hotel pricing as you read on.
Weekday Vs. Weekend Rates
Generally, hotels will have cheaper rates during weekends. Yes, you read that right.
Why is this so?
During weekends, the demand is lower, with only leisure travelers looking for accommodation. Hotels will post cheaper rates to attract more guests.
On the other hand, weekdays could be the busiest hotel days. Rates are more expensive because the demand is higher. There are more types of travelers from different sectors, like corporate, government, and groups during weekdays.
These guests book hotels for business and formal functions. Hence, they are often more willing to pay for any rate because their companies reimburse their hotel expenses.
However, you should remember that many other factors affect hotel rates.
Factors Affecting Hotel Rates
The change in hotel room rates is a marketing strategy dictated by supply and demand. There are times of the year when prices are soaring high. And there are months when these prices drop so low, you just cannot help but book a room for a staycation!
To find cheapest time to stay at hotel, you should be aware of the major factors that impact hotel room prices.
If you want convenience, you have to pay a higher price. Hotels that are near popular tourist destinations will have higher rates than ones located farther from downtown. The advantage is that you won’t have to pay extra for transportation.
Doing a little research on transportation costs and the travel time will definitely help you. If the extra transport costs are not too significant, you can book a hotel away from the central district to save money.
Room Occupancy And Season
If there is a famous festival or gathering in an area, you can be very sure that hotel prices will sky-rocket. Expect the same during seasons or months that are popular among tourists. The popularity of seasons depends on the area or location. Hotels by the beach are surely more expensive during the summer.
During these times, hotels are expecting more occupancy, hence the higher rates.
You can save money by finding out the off-peak season of the place you want to visit.
Type Of Room
The types of hotel rooms vary according to amenities, size of bed, and the grandiose view the room offers (example: skyline or sea view).
Book a room that will suit your needs. If you’re on a budget and will only be in the hotel at nighttime, simple amenities will do for you. However, if you are keen on getting a view of an area’s popular sunset, expect to pay a heftier price.
Are hotels more expensive on weekends? You’ve learned that hotel weekend rates are generally cheaper. However, you may still avail of lower hotel rates if you book a room on weekdays during peak seasons.
Just remember that hotel prices respond to demand. You can keep your toes up for hotel deals during holidays or off-peak seasons by frequently checking reliable booking sites. Also, you can join hotel rewards programs to earn points and perks. Book your hotel in advance to save money. You don’t have to spend too much for a quality holiday getaway.