When to Book that Vacation?
“When can I get the best price for my vacation?” is one of the most asked questions of a travel agent. Many people think if they wait till the last minute they will get the best price because it will go down. Others think if they buy a year in advance they will get the best rate. And, truthfully, both could be right.
The biggest thing that effects the price of most trips is “when” you decide to go. Off season, and when that is depends on the location you are planning to go, is always a less expensive time. But you have to decide if going to the Caribbean in hurricane season or Mexico in the hottest part of summer is really what you want. If not, then you start shopping for when you should book a certain destination to get the best price for when you want to go.
Common sense tells you if you are planning for a special event, such as a honeymoon, or at the busiest travel times like Thanksgiving and Christmas, you want to make your plans and purchase as much in advance as possible. Anytime your dates are not flexible should be your clue to buy early!
Let’s say you decide on a Caribbean cruise for February and you book and deposit for your trip in July. In October your travel agent discovers that the price comes down a couple hundred dollars for the exact same date and same location cabin you have booked. (Another great reason to book with your local, friendly travel agent. You don’t really think the cruise line or your on-line booking company is going to call you up and tell you that the price has come down, do you?) The cruise line will almost always give you the lower fare, or if it’s not a great amount they may offer you a ship board credit for that $50. or $100. That’s about as good as paying the lower fare, since you know you will spend that much money on board the ship anyway.
For you last minute planners, you can sometimes get a break by waiting because hotels and sometimes cruise lines do not fill their rooms and decide to lower their rates to influence people. But remember, if they lower it much then they might have to go back and lower it for all those people that deposited and paid early. You are more likely to get those last minute discounted rates at places like Bed & Breakfasts and small inns than you are for the San Francisco Marriott because they have set rates that are less flexible.
Now, if you are planning an escorted trip almost anywhere, you need to book those as early as possible. First, they have limited numbers they can take, second, they usually allow you to make installment payments, and third, the price will not go down, but it might go up the longer you wait.
So generally speaking, it doesn’t pay to make your reservations too late. Most airline tickets can be purchased approximately 11 months in advance. There are exceptions like Southwest and some smaller airlines that serve international destinations. Students usually purchase their holiday air tickets early in September when they get their school schedules. Spring Break trips usually are decided on and purchased by December or January. So, never wait too late for those seasons because even if you find space at those busy times of the year, it will not be cheap anywhere you want to go.
Happy Traveling,
The Wine, Travel Diva