7 Ways To Save Money on Accommodations When Travelling (2024)

Travelling can be an expensive endeavour, but there are ways to save money on accommodations and stretch your travel budget further. By utilising a variety of strategies, you can find affordable and comfortable accommodations that meet your needs and allow you to enjoy your travels without breaking the bank.

Table Of Contents

  • 1 Book In Advance
  • 2 Use Travel Reward Programs
  • 3 Look For Last-minute Deals
  • 4 Consider Alternative Accommodations
  • 5 Stay Outside Of Tourist Areas
  • 6 Travel During Off-peak Season
  • 7 Use Discount Websites
  • 8 Conclusion

Book In Advance

7 Ways To Save Money on Accommodations When Travelling (1)

Booking your accommodations well in advance can be a great way to save money. Many hotels and rental properties offer discounts for bookings made early. Additionally, by booking in advance, you’ll have a better chance of securing the room or property you want at a lower price. Keep in mind that booking early may not be the best option for everyone, as plans can change, but if you know your travel dates in advance, it’s worth considering. You can often find great deals on hotel rooms or vacation rentals by booking months in advance.

Use Travel Reward Programs

7 Ways To Save Money on Accommodations When Travelling (2)

Travel reward programs are a great way to save money on accommodations when travelling. Many hotels and travel websites offer reward programs that allow you to earn points or miles for every booking you make. These points can then be redeemed for discounts on future bookings.

Before booking your accommodations, check to see if the hotel or website has a reward program. If they do, sign up for it and start earning points or miles. Many programs also offer additional perks, such as free Wi-Fi or early check-in, which can make your stay more enjoyable.

Keep in mind that some reward programs may have blackout dates or restrictions on when and how you can use your points, so it’s important to read the terms and conditions carefully before signing up. Nonetheless, if you frequently travel, using travel reward programs can be an effective way to save money on accommodations.

Look For Last-minute Deals

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Another way to save money on accommodations when travelling is to look for last-minute deals. Many hotels and rental properties offer discounts on rooms or properties that haven’t been booked, especially during the off-season.

You can often find last-minute deals on hotel and travel websites, as well as through apps that specialise in last-minute bookings. Keep in mind that these deals are often only available for a limited time and may require you to be flexible with your travel dates and destination. However, if you’re willing to be spontaneous, you can often find great deals on accommodations that would normally be outside of your budget.

It’s also worth considering booking your accommodations on the day of your arrival. Some hotels and rental properties offer deep discounts on unsold rooms or properties at the last minute in order to fill them up. This strategy can be risky, as there’s no guarantee that you’ll be able to find a suitable place to stay at the last minute, but if you’re comfortable taking chances, it can be a great way to save money.

Consider Alternative Accommodations

7 Ways To Save Money on Accommodations When Travelling (4)

If you’re looking to save money on accommodations when travelling, it’s worth considering alternative options. In addition to traditional hotels and resorts, there are many other types of accommodations available that can be more affordable.

Hostels are a popular option for budget-conscious travellers, as they offer dormitory-style rooms at a low cost. Many hostels also offer private rooms for those who prefer more privacy.

Vacation rentals, such as apartments or homes, can also be a cost-effective option, especially for longer stays. Websites like Airbnb and VRBO allow you to rent a space from a local homeowner, often at a lower cost than a traditional hotel room.

Camping is another option that can be more affordable than traditional accommodations. Many national and state parks offer campsites for a low fee and you can also find private campgrounds that offer amenities like showers and laundry facilities.

Stay Outside Of Tourist Areas

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Staying outside of tourist areas can also help you save money on accommodations when travelling. Tourist areas are often more expensive due to the high demand and you may end up paying more for basic amenities.

Instead, consider staying in a neighbourhood that’s a bit further away from the main attractions. You can still explore these areas during the day, but you’ll save money by staying in a more residential area at night.

You can also look for accommodations in smaller towns or cities that are near your destination. These areas often have lower prices and fewer tourists and can provide a more authentic experience of the local culture.

Another option is to stay in a nearby suburb or community and take public transportation or rent a bike or scooter to get around. This can be a great way to save money on accommodations, while also getting a taste of local life.

Travel During Off-peak Season

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Travelling during off-peak season can also help you save money on accommodations. Off-peak season is typically the time of year when there are fewer tourists and lower demand for accommodations.

Many destinations have a high season during the summer months or around holidays, when prices for accommodations can be significantly higher. If you’re able to travel during the off-peak season, you may be able to find better deals on hotels and vacation rentals.

Additionally, many destinations offer lower prices on attractions and activities during the off-peak season, making it a great time to save money on your entire trip.

Of course, travelling during off-peak season may require some flexibility in your schedule, as well as careful research to ensure that the weather and other factors are still suitable for your trip.

Use Discount Websites

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Another way to save money on accommodations when travelling is by using discount websites. There are many websites and apps that offer discounted rates on hotels, vacation rentals and other types of accommodations.

Some popular examples include Booking.com, Expedia, Hotels.com and Airbnb. These websites often offer competitive prices and allow you to compare different options based on price, location and amenities.

In addition to these general travel websites, there are also websites and apps that specialise in specific types of accommodations, such as hostels, bed and breakfasts and vacation homes. These can be great options if you’re looking for a more unique or budget-friendly option.

When using discount websites, it’s important to read the reviews and do your research to ensure that the accommodations are safe, clean and suitable for your needs. Additionally, be aware of any fees or restrictions that may apply, such as cancellation fees or minimum stay requirements.

Conclusion

Saving money on accommodations is a great way to stretch your travel budget further and make your trip more affordable. By booking in advance, using travel reward programs, looking for last-minute deals, considering alternative accommodations, staying outside of tourist areas and travelling during off-peak season, you can save money and enjoy a comfortable stay during your travels.

It’s important to remember to do your research and read reviews before booking any accommodations, as well as being aware of any fees or restrictions that may apply. With a little bit of planning and flexibility, you can find great deals on accommodations and have more money to spend on activities, dining and other travel experiences.

7 Ways To Save Money on Accommodations When Travelling (2024)

FAQs

How can I save money on housing when traveling? ›

Avoid hotels when possible.

If you're traveling in a large group or planning an extended stay, look into renting an apartment rather than staying at a hotel. This can be significantly cheaper but may require a deposit. If the stay is shorter or you have a smaller group, try to find hostels in the area.

How to save money on accommodation in Europe? ›

Outside of high season (July and August in much of Europe, though this can vary by region), try haggling: If the place is too expensive, tell them your limit; they might meet it. Skip the hotel's breakfast. Check to see if room rates include breakfast; if so, ask what you'd save by skipping it.

What is the most convenient way to travel and save on hotel costs? ›

Hotel rates can fluctuate and may become cheaper a few weeks before your check-in date, so watch for price changes, especially if you book months in advance. Booking a refundable stay, monitoring prices, and canceling and rebooking your reservation when prices are lower could save you money on travel expenses.

How can I save money on vacation? ›

How to save money while traveling
  1. Pack light. ...
  2. Shop at local grocery stores. ...
  3. Pack snacks. ...
  4. Get yourself into the airport lounge. ...
  5. Arrive early. ...
  6. Get TSA PreCheck or Global Entry membership fees reimbursed. ...
  7. Take advantage of credit card free night certificates. ...
  8. Book hotel rooms on points.
Aug 22, 2023

How much money should I set aside for travel? ›

How much should I budget for a vacation? Your budget for a vacation will, of course, vary depending on many factors. Many people set aside 5%-10% of their net yearly income for leisure travel, but your savings will depend on the type of vacation you're planning.

How do you travel when you don't have a lot of money? ›

How to travel without money – 5 ideas
  1. Volunteer for free food and accommodation. One way to travel for next to nothing is to exchange your time and effort for something in return. ...
  2. Try to find paid work as you go. ...
  3. Make use of travel networking apps. ...
  4. Avoid tourist prices. ...
  5. Choose the cheap travel methods.
Jan 24, 2023

Is $100 a day enough for Europe? ›

So, you might be wondering - how much cash should I bring on a three-week vacation to Europe? You can use the costs in our table above, and the $100-per-day rule of thumb, to calculate how much money you'll need for your trip. So for a three-week trip, you'll be needing over $2,000.

Which European country has the cheapest accommodation? ›

The affordability of flights and accommodation can vary, but countries in Eastern Europe, such as Bulgaria, Romania, and Hungary, are often considered more affordable for families compared to Western European countries.

How to travel Europe frugally? ›

During your trip
  1. Eat and drink with care to save money on food in Europe. Cook When Possible. ...
  2. Walk whenever possible. If your destination is close enough to walk to, always walk. ...
  3. Choose cheap or free attractions. ...
  4. Research budget accommodation. ...
  5. Visit more affordable European destinations.

What is the best accommodation when you travel? ›

Hotels: Comfort and Convenience

Hotels have long been a staple of the travel industry, and they continue to be a preferred choice for many travelers. Here are the advantages of staying in a hotel: Amenities and Services: Hotels offer a wide range of amenities, from restaurants and bars to fitness centers and spas.

What is the most cost effective method to travel? ›

How to travel on a budget: Our 9 best tips
  • Come up with a plan. Travelling spontaneously is great, if you have the luxury of time and money to spare. ...
  • Travel out of season. ...
  • Be accommodation-savvy. ...
  • Pack properly. ...
  • Book flights in advance… ...
  • 6. … ...
  • Embrace public transport. ...
  • Don't eat away your cash.

How to save money on food at hotels? ›

If you've got a fridge in your room, stock it with fruits, veggies, cheeses and sandwich meats. Instead of hitting the local sub shop, make your own. It's healthier, less expensive and you can get exactly what you want- including seconds! Sandwiches also wrap up well to take with you on your day out.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How can I save $1000 fast? ›

11 Easy Ways to Save $1,000 in 30 Days
  1. Create a Budget. ...
  2. Automate Your Savings. ...
  3. Create a Savings Bingo Sheet. ...
  4. Negotiate Your Bills. ...
  5. Separate Wants From Needs. ...
  6. Plan Your Meals. ...
  7. Buy Generic Brands. ...
  8. Cancel Unnecessary Subscriptions.
Sep 26, 2023

Should I save money or travel? ›

It is, however, the first rule of good budgeting that you save first and spend later. What this may often translate into is a less expensive domestic holiday instead of a foreign vacation, but try not to compromise on it.

Can you travel and save money? ›

Book in advance

Even without those sale fares, booking in advance, particularly for flights, will generally save you a lot of money. For overseas travel, try to book flights at least six months in advance. For domestic travel, aim for at least a few months. This also goes for hotels and domestic transfers.

How much should you save for housing expenses? ›

28% / 36% rule

With this rule, housing costs should not make up more than 28% of your gross income, and no more than 36% of your gross income should be required to meet all your monthly debt obligations combined.

How to save money on hostels? ›

Book in advance: Hostels often offer discounts for booking in advance, so be sure to plan ahead if possible. Look for deals: Many hostels offer deals or promotions throughout the year, such as discounts for staying multiple nights or for booking during off-peak times.

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