The Best Time to Book a Vacation | Pacaso (2024)

Tips & advice

  • Inspiring homes
  • Testimonials
  • Top destinations
  • Co-ownership 411

Published Date: March 5, 2024

The Best Time to Book a Vacation | Pacaso (5)
There’s nothing better than a vacation. But the planning part? That can be stressful. Between airline tickets, hotel accommodations, rental cars and more, there’s a lot to coordinate. And it can be hard to know if you’re getting a good deal.Many travel companies use dynamic pricing, where pricing for a specific flight, room category or rental car type changes automatically based on demand. This demand can fluctuate due to several factors, including seasonality, day of the week, large events nearby and how far in advance you book.For most travelers, getting a great deal is important, and a lot of it comes down to timing. Here’s what you need to know about when to book specific types of travel for the best chance of getting a great deal.

The best time to book a flight

Airfare is often the most expensive part of a vacation budget. And timing your ticket purchase correctly is complicated. Book too early and you may pay too much. Wait too long and you may have limited options for flight times, connections and seats.According to Expedia’s 2024 Air Travel Hacks Report, the sweet spot for booking is 28 days before a domestic flight. The report notes that travelers can save up to 24% compared to booking last minute. If you’re planning an international trip, the report recommends booking about 60 days out, but not more than four months before your trip. You may want to book a bit farther out if you need a very specific flight time or are traveling to a destination with few options for flights and routes. Interestingly, the report found that domestic economy tickets are about 5% cheaper when you book (not fly!) on a Sunday.Traveler tip: If your schedule is flexible, try to fly on less popular days of the week. For example, you can often save by traveling on Thursdays or Saturdays, avoiding Fridays and Sundays.

The best time to book hotels

Like airfare, hotel rates are always fluctuating due to demand. Yet unlike airfare, there are often last-minute deals to be had. According to a NerdWallet report, hotels are cheaper when you book 15 days before your arrival compared to booking four months before. The report also found that the biggest last-minute savings can be found in luxury hotels.Traveler tip: Most hotels have flexible cancellation policies. Unless you pre-pay, you can often cancel up to 48 hours before your arrival date. This means you can book a room early and watch to see if prices drop. Then, simply cancel and re-book.

The best time to book vacation rentals

Unlike hotels, many vacation rentals have strict cancellation policies, so you should expect to be locked into a rate once you book. On sites like Airbnb, it’s recommended to book about four weeks in advance. However, it is possible to find great last-minute deals, either because a property had a cancellation, they’re new to the rental platform or demand for those dates has been lower than expected.

Short-term rental alternative: Co-owned second homes

  • Available now$350,0001/8 ownershipShares left4 bds3.5 ba211 Palisades Cir #39, Olympic Valley, CA 96146
  • Available now$599,0001/8 ownershipShares left4 bds4 ba3095 Mountain Links Way, Olympic Valley, CA 96146
  • Available now$525,0001/8 ownershipShares left3 bds2 ba1629 Hillview Place, St. Helena, CA 94574
  • Available now$1,100,0001/8 ownershipShares left4 bds4 ba2610 Atlas Peak Rd, Napa, CA 94558
  • Available now$1,652,0001/8 ownershipShares left7 bds8 ba3380 Highway 128, Calistoga, CA 94515
  • Available now$1,100,0001/8 ownershipShares left5 bds8 ba1406 Park Avenue, Park City, UT 84060
  • Available now$599,0001/8 ownershipShares left3 bds3 ba20616 Pacific Coast Highway, Malibu, CA 90265
  • Available now$999,0001/8 ownershipShares left3 bds4 ba31478 Broad Beach, Malibu, CA 90265
  • Available now$199,0001/8 ownershipShares left5 bds5 ba470 East Avenida Olancha, Palm Springs, CA 92264
  • Available now$350,0001/8 ownershipShares left4 bds3.5 ba211 Palisades Cir #39, Olympic Valley, CA 96146

    View all

Traveler tip: Most rental platforms and vacation management companies offer discounts for stays of a week or longer. The discounts can be significant — 15-30%.

The best time to book vacation packages

Vacation packages are a popular choice for deal-seeking travelers. Usually including some combination of flight, hotel and car rental, they can be cheaper than booking each portion of the trip independently. Because the components of a vacation package vary, there are no guidelines about how far in advance to book. However, you can sometimes find great last-minute package deals on unsold inventory.Traveler tip: Online travel sites and travel email newsletters are great places to find vacation packages, last-minute or not. Expedia, Priceline, Travelzoo and Costco Travel are all good options.

The best time to book cruises

Planning to take a cruise this year or next? It’s important to note that cruise prices can vary significantly. The best advice is to plan far enough in advance to wait for a sale. Overall, the best time to book a cruise is between January and March. Known in the industry as “wave season,” this is the time of year when you’ll find the very best discounts and promotions, as cruise lines are looking to load up their ships for the coming year.If you miss the wave season window, though, you can still find great deals. Keep an eye out for promotions that help your budget go further. Popular promotions include free stateroom upgrades, complimentary or discounted airfare, discounted beverage packages or free kids’ fares.Traveler tip: Cruise lines often incentivize travelers to book early — the earlier you book, the sooner they get your deposit. Cruise lines will sometimes offer deep discounts when you book a cruise more than a year in advance.

The best time to book car rentals

When it comes to rental cars, booking in advance doesn’t always pay off. A 2022 NerdWallet analysis showed that customers who book just a weeklong rental week in advance pay an average of $75 less than customers who book three months in advance.If you are planning to rent a car in a destination with plenty of rental car availability — near an international airport with a large rental car center — you’re probably safe to wait until you’re very close to your trip. However, if you’re traveling to a high-demand destination at a popular time or if you need a very specific vehicle type, it may be prudent to plan ahead.Traveler tip: Like hotels, many car rental reservations can be canceled up until a few days without penalty (specific policies vary by company). That means you can always book in advance and then price compare as your travel dates approach.

A headache-free way to book travel

Pacaso owners benefit from a stress-free, no-hassle way to book stays at their vacation home. With our SmartStay™ system, each co-owner has equitable access to their home throughout the year, with multiple opportunities to book holiday and peak season stays. It’s flexible, too. You can book as far as two years in advance or as few as two days before a last-minute vacation.And unlike an Airbnb or timeshare, Pacaso offers real estate ownership of your home. As a co-owner, you enjoy all the benefits of ownership, including a place to call home, familiarity and the ability to resell.

Hassle-free second home ownership

  • Available now$350,0001/8 ownershipShares left4 bds3.5 ba211 Palisades Cir #39, Olympic Valley, CA 96146
  • Available now$599,0001/8 ownershipShares left4 bds4 ba3095 Mountain Links Way, Olympic Valley, CA 96146
  • Available now$440,0001/8 ownership1 share left4 bds3.5 ba105 Edgewood Dr, Tahoe City, CA 96145
  • Available now$525,0001/8 ownershipShares left3 bds2 ba1629 Hillview Place, St. Helena, CA 94574
  • Available now$1,100,0001/8 ownershipShares left4 bds4 ba2610 Atlas Peak Rd, Napa, CA 94558
  • Available now$1,652,0001/8 ownershipShares left7 bds8 ba3380 Highway 128, Calistoga, CA 94515
  • Available now$1,100,0001/8 ownershipShares left5 bds8 ba1406 Park Avenue, Park City, UT 84060
  • Available now$599,0001/8 ownershipShares left3 bds3 ba20616 Pacific Coast Highway, Malibu, CA 90265
  • Available now$999,0001/8 ownershipShares left3 bds4 ba31478 Broad Beach, Malibu, CA 90265
  • Available now$199,0001/8 ownershipShares left5 bds5 ba470 East Avenida Olancha, Palm Springs, CA 92264
  • Available now$350,0001/8 ownershipShares left4 bds3.5 ba211 Palisades Cir #39, Olympic Valley, CA 96146

    View all

The Best Time to Book a Vacation | Pacaso (28)

Jen Lyons

Author

  • Share this post:

Featured articles

ByKasey TrossReadByAmie FisherRead

Don't miss out

The best homes sell fast. See the latest listings, inspiring second homes and buying tips.

I give Pacaso permission to contact me & agree to the terms. This site is protected by reCAPTCHA and the Googleprivacy policy,terms of service and mobile terms.

Want to chat? Contact us.

Don't miss out

Our best homes sell fast, get personalized content first.

The Best Time to Book a Vacation | Pacaso (2024)

FAQs

The Best Time to Book a Vacation | Pacaso? ›

If you're planning an international trip, the report recommends booking about 60 days out, but not more than four months before your trip. You may want to book a bit farther out if you need a very specific flight time or are traveling to a destination with few options for flights and routes.

When's the best time to book a vacation? ›

When it comes to accommodations most of the best deals and lowest rates are going to be found ahead of time. This is to encourage guests to book in advance so that the hotels and resorts can get guaranteed occupancy in the future. Generally, the best deals can be found six months before the desired travel date.

What is the best day to book a vacation package? ›

Instead, consider booking flights and hotels on weekdays, particularly Tuesdays and Wednesdays, for potentially lower prices and less crowded experiences. However, it's always a good idea to research and compare prices across different days and factors before finalizing your travel plans.”

What is the best time to schedule a trip? ›

Book one to three months in advance

Last-minute flight deals aren't super common and you risk not getting a seat at all because your desired flight might ultimately sell out. If you're flying internationally, you'll want to look two to eight months out.

How soon in advance should you book a vacation? ›

For most vacations, it's advisable to begin planning at least six months in advance. This timeframe allows you to research destinations, compare prices and make reservations without the pressure of last-minute booking.

Do flight prices go down on Tuesday? ›

The myth has been going around for years, but the truth is that flight prices don't go down on Tuesdays. To be fair, they did at one point in time, and savvy travelers could score a great deal late on a Tuesday night.

When should I book my trip? ›

Book your flight early.

More important than booking flights on a specific day of the week is booking flights during the "ideal booking window." According to Expedia's Air Travel Hacks report, international flights should be booked 60 days out and domestic flights should be booked 28 days out for the best savings.

What is the cheapest time to book a trip? ›

Specifically, plane tickets usually don't get cheaper closer to the departure date or if you book too early—more than five months in advance. Instead, flights tend to be the least expensive when you book between 5.5 and 1.5 months (164 and 46 days) in advance of your departure date.

Is it cheaper to book vacations last minute? ›

Being flexible with your dates and destination is often the key to finding great last-minute vacation deals. But even though prices may become lower in the weeks preceding your departure, it is usually cheaper to book your travel in advance, particularly if you are traveling outside of the US.

Is it better to book a trip in advance or last minute? ›

- Advanced booking allows you to take your time, and find early booking deals and discounts which could dramatically bring the price of your holiday down to the same bracket as when booking last minute. - A better variety of hotels and hotel rooms will be available to you when booking in advance.

What is the ideal time for a vacation? ›

Science says that the ideal vacation length is between 7 to 10 days. However, it's important to consider individual needs and preferences when planning a vacation. By following these tips, you can plan a vacation that allows you to fully recharge and enjoy the benefits of time away from the daily grind.

How far in advance do you book a trip? ›

In our experience, while fantastic deals can pop up at any time, the best time to book a flight (what we call the Goldilocks Window) is 1–3 months ahead for domestic travel and 2–8 months ahead for international travel—unless your trip is around a popular holiday or peak travel time, or you have very specific travel ...

What month is best for vacation? ›

The best time to travel domestically in the US is either during spring (late March to late May) or autumn (late September to late October). Since these are the shoulder seasons before and after summer, these months have milder temperatures as well as fewer visitors in the most popular destinations.

What day is the best to book a vacation? ›

Interestingly, the report found that domestic economy tickets are about 5% cheaper when you book (not fly!) on a Sunday. Traveler tip: If your schedule is flexible, try to fly on less popular days of the week. For example, you can often save by traveling on Thursdays or Saturdays, avoiding Fridays and Sundays.

What day of the week should I book a trip? ›

As previously mentioned, booking airfare on Sunday is cheaper than other days of the week, especially Fridays. Be willing to fly mid-week. Since Thursdays tend to be the cheapest day to fly, see if you can tweak your travel plans so you depart and fly home during the week instead of on weekend days. Set price alerts.

How many days before a trip should you book a hotel? ›

Figuring out the best time to book a hotel isn't an exact science — there's plenty of variation throughout the industry. But if we're looking at statistics, the lowest prices for hotel rooms are typically found just 15 days before your stay. Yes, last-minute bookings are (usually) better.

Is it cheaper to book a vacation closer to the date? ›

“It all comes down to supply and demand,” says Colleen Carswell, former hotel director of sales turned hotel solutions strategist. “Most of the time, you'll actually save much more by booking at the last minute.” Hotels need rooms filled in order to make money.

What day of the week is the cheapest to book a trip? ›

As previously mentioned, booking airfare on Sunday is cheaper than other days of the week, especially Fridays. Be willing to fly mid-week. Since Thursdays tend to be the cheapest day to fly, see if you can tweak your travel plans so you depart and fly home during the week instead of on weekend days.

Top Articles
Latest Posts
Article information

Author: Ray Christiansen

Last Updated:

Views: 6508

Rating: 4.9 / 5 (49 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Ray Christiansen

Birthday: 1998-05-04

Address: Apt. 814 34339 Sauer Islands, Hirtheville, GA 02446-8771

Phone: +337636892828

Job: Lead Hospitality Designer

Hobby: Urban exploration, Tai chi, Lockpicking, Fashion, Gunsmithing, Pottery, Geocaching

Introduction: My name is Ray Christiansen, I am a fair, good, cute, gentle, vast, glamorous, excited person who loves writing and wants to share my knowledge and understanding with you.