One of the best ways to save money on your vacation or cruise is to plan well in advance of your travel date. And by “well in advance”, I mean at least 6 months out from your travel date.
Many resorts offer Early Booking Rates for those willing to commit (and deposit) for their vacation stay. The benefit to the resort is that they can better control occupancy rates by planning ahead. As the date draws closer, the early booking discount may decrease or disappear all together. This is because the hotel is approaching full capacity and doesn’t need to fill the remaining rooms at a discount. The benefit to you is that you save (sometimes more than 50%!) by planning ahead.
In some unusual circumstances, a resort may have more rooms than they anticipated available at the last minute and may drop their rates. Some travel protection plans, such as the AV-OK plus option offered by Apple Vacations, will allow you to re-book at the lower rate.
Cruise lines offer their best rates early (or last minute) as well. Many cruise itineraries book more than 1 year in advance of the sailing. Book as far out as possible to get the best rate. If the rate drops prior to your final payment being made, travel agents can, in most instances, re-book you at the lower rate with no penalty. Remember, with a cruise, your deposit is fully refundable up until 75 or 90 days prior to departure (rules vary, check with your cruise line), so go ahead and put the deposit on while the rate is low.
If you wait until the last minute hoping to get the best deal you may be disappointed. The sailing may be full, staterooms may be selling at a premium, or the cabin type you wanted (i.e. a balcony) may be sold out. If you know that you want a particular ship, itinerary or stateroom type, booking early will ensure that you aren’t disappointed.
When you book at an early booking rate, airfare for your trip may not yet be available. Airlines book up to 330 days in advance. If you find a good rate on the resort or the cruise, book that piece – you can add your airfare later.
Now sit back and relax, knowing that you purchased wisely. Bonus: the “been there, done that” smug feeling that comes from being organized and checking those items off your To Do list. Cheers!