Purchase Timeline
Apr 20, 2017, 9:37 am
#1
Original Poster
Join Date: Dec 2008
Programs: Alaska MVP Gold, Hilton Diamond
Posts: 669
Purchase Timeline
Hi all,
I am new to the Hhonors section, so I apologize if I missed this while looking around. But, I am wondering when you think the best time is to purchase a hotel reservation? In the past, I've done so sometimes 10 months in advance, only to see the price drop as the date gets closer and closer.
For example, I'm heading to Dubai next Feb., and I'd like to stay at the Waldorf. Right now there is a super cheap deal at $300 a night (I saw it up to $450 a few weeks back). So I'm wondering...should I book now, or wait?
Thanks!
I am new to the Hhonors section, so I apologize if I missed this while looking around. But, I am wondering when you think the best time is to purchase a hotel reservation? In the past, I've done so sometimes 10 months in advance, only to see the price drop as the date gets closer and closer.
For example, I'm heading to Dubai next Feb., and I'd like to stay at the Waldorf. Right now there is a super cheap deal at $300 a night (I saw it up to $450 a few weeks back). So I'm wondering...should I book now, or wait?
Thanks!
Apr 20, 2017, 10:23 am
#2
Join Date: Dec 2016
Posts: 246
Why not book asap at a rate that lets you cancel a reasonable time before the stay. Then, if prices drop, you can cancel your reservation and make a new one at the lower price. As much as Chris Nassetta wishes it were otherwise, the vast majority of rates still allow canceling without penalty within 72 hours of your scheduled check in.
Just be careful not to stumble into a prepaid, non-changeable, non-refundable reservation or something with a ridiculous cancelation policy - three weeks or some nonsense. They aren't always marked prominently as such.
Just be careful not to stumble into a prepaid, non-changeable, non-refundable reservation or something with a ridiculous cancelation policy - three weeks or some nonsense. They aren't always marked prominently as such.