What’s happening in the market? 8OF...

1
REFUNDABLE RATES NON REFUNDABLE RATES Free cancellation up to 48h before check in. Complete flexibility to cancel and re-book. Convenient in the long run. If you need to cancel your trip the money is gone. You can’t cancel in order and re-book a cheaper rate. Not convenient in the long run. VS 6 2 13 1 5 1 Kilos of real dutch cheese in Amsterdam Tickets for a ride on the London Eye Beers during Oktoberfest in Munich Gondola trip in Venice Italian Pizzas on Piazza Plebiscito in Naples Jazz session at Blue Note in New York 53 28 14 56 30 22 22 38 PARIS ROME DUBAI LONDON SYDNEY RIO NEW YORK Dubai 56€ New York 38€ Florence 37€ Miami 33€ Abu Dhabi 31€ London 30€ Milan 28€ Paris 28€ Honolulu 27€ San Francisco 25€ Las Vegas 24€ Washington 22€ Rio the Janeiro 22€ Sydney 22€ Venice 21€ Madrid 19€ SAVINGS ARE REFERRED TO NIGHTLY RATE KEEP AN EYE ON 4 DIFFERENT ALTERNATIVES N° OF HOTELS MONITORED 1 4 7 10 13 16 19 22 54 % 32 % 68 % 79 % 86 % 20% OF SAVINGS PROBABILTY THE PRICE WILL DROP CLOSER TO CHECK-IN 11% CHEAPER AT THE BEGINNING BUT: SLIGHTLY MORE EXPENSIVE AT THE BEGINNING BUT Not all the hotels change their price with the same frequency. Hotels from 3 to 4 stars change their price more often, so the probability to found a better rate is higher. Whenever a better rate is available, cancel your previous booking and book the new rate saving up to 20%. You could use the money you saved to have some great experiences at your destination. HOTELS CHANGE THE PRICES OF THEIR ROOMS WITHIN THE LAST 30 DAYS BEFORE CHECK-IN OUT OF 8 10 BOOK EARLY and risk to lose a great deal BOOK LATE and risk to pay much more ...both are not the right solution! OR HOW TO SAVE MONEY ON HOTELS BY JUST BEING SMARTER You probably never thought about it, but with this smart trick you can turn the intransparent price policies of hotels to your benefit. What’s happening in the market? Here’s how to outsmart hotels and save money 3 5 2 REDUCE THEIR PRICE INCREASE THEIR PRICE DON’T CHANGE THEIR PRICE The closer you get to the check-in date, the lower the probabilities are to find a better rate for your booking. So if you use this trick the earlier you book the better it is. If you keep an eye on different alternatives for your hotel the probability to find better deals is much higher. So when does this trick work best? Biggest cities are the most interesting to use this trick, due to the number of hotels and the number of tourists travelling there every day. PROBABILTY TO FIND A BETTER DEAL STARS 29 % 29 % N/A 35 % 36 % PROBABILTY THE PRICE WILL DROP DAYS TO CHECK-IN The problem STEP 3 CHECK, RE-BOOK & ENJOY WHAT YOU SAVED STEP 4 WHEN BOOKING 3 TO 4 STAR HOTELS STEP 5 WHEN TRAVELLING TO SUCH DESTINATIONS STEP 6 BOOK A ROOM THAT YOU CAN CANCEL STEP 1 BOOK AT LEAST 10 DAYS IN ADVANCE STEP 2 32% 19% 4% BE SMART! DON’T OVERPAY FOR YOUR HOTEL. www.triprebel.com KEEP REBELLING

Transcript of What’s happening in the market? 8OF...

Page 1: What’s happening in the market? 8OF 10images.derstandard.at/2014/05/27/infographiclatestttdefinitive.pdf · Milan 28€ Paris 28€ ... 3 TO 4 STAR HOTELS STEP 5 WHEN TRAvELLiNg

REFUNDABLE RATES

NON REFUNDABLE RATES

Free cancellation up to 48h before check in.

Complete flexibility to cancel and re-book.

Convenient in the long run.

If you need to cancel your trip the money is gone.

You can’t cancel in order and re-book a cheaper rate.

Not convenient in the long run.

VS

6 2

13

1

5 1

Kilos of real dutch cheese in Amsterdam

Tickets for a ride on the London Eye

Beers during Oktoberfest in Munich

Gondola trip in Venice

Italian Pizzas on Piazza Plebiscito in Naples

Jazz session at Blue Note in New York

53 €

28 €

14 €

56 €

30 €

22 €

22 €

38 €

PARIS

ROME

DUBAI

LONDON

SYDNEY

RIO

NEW YORK

Dubai 56€

New York 38€

Florence 37€

Miami 33€

Abu Dhabi 31€

London 30€

Milan 28€

Paris 28€

Honolulu 27€

San Francisco 25€

Las Vegas 24€

Washington 22€

Rio the Janeiro 22€

Sydney 22€

Venice 21€

Madrid 19€

SavingS are referred to nightly rate

KEEP AN EyE ON 4 DiFFERENT ALTERNATivES

n° of hotelS monitored

1471013161922

54 %32 % 68 % 79 % 86 %

20% OF SAVINGS

PROBABILTY THE PRICE WILL DROP CLOSER TO CHECK-IN

11% CHEAPER AT THE BEGINNING BUT:SLIGHTLY MORE EXPENSIVE AT THE BEGINNING BUT

Not all the hotels change their price with the same frequency. Hotels from 3 to 4 stars change their price more often,

so the probability to found a better rate is higher.

Whenever a better rate is available, cancel your previous booking and book the new rate saving up to 20%.

You could use the money you saved to have some great experiences at your destination.

HOTELS CHANGE THE PRICES OF THEIR ROOMS WITHIN THE LAST 30 DAYS BEFORE CHECK-IN

OUT OF 8 10

BOOK EARLy and risk to lose a great deal

BOOK LATE and risk to pay much more

...both are not the right solution!

OR

HOW TO SAvE MONEy

ON HOTELSBy jUST BEiNg SMARTER

You probably never thought about it, but with this smart trick you can turn the intransparent price policies of hotels to your benefit.

What’s happening in the market?

Here’s how to outsmart hotels and save money

3 5 2redUCe

their PriCeinCreaSe

their PriCedon’t Change

their PriCe

The closer you get to the check-in date, the lower the probabilities are to find a better rate for your booking.

So if you use this trick the earlier you book the better it is.

If you keep an eye on different alternatives for your hotel the probability to find better deals is much higher.

So when does this trick work best?

Biggest cities are the most interesting to use this trick, due to the number of hotels and the number

of tourists travelling there every day.

ProBaBilty to find a

Better deal

StarS

29 % 29

%N/A 35 % 36 %

ProBaBilty the PriCe

Will droP

DAYS TO CHECK-IN

The problem

STEP 3

CHECK, RE-BOOK & ENjOy WHAT yOU SAvED

STEP 4

WHEN BOOKiNg 3 TO 4 STAR HOTELS

STEP 5

WHEN TRAvELLiNg TO SUCH DESTiNATiONS

STEP 6

BOOK A ROOM THAT yOU CAN CANCEL

STEP 1

BOOK AT LEAST 10 DAyS iN ADvANCE

STEP 2

32%

19%

4%

BE SMART! DON’T OvERPAY FOR YOuR HOTEL.

www.triprebel.comK e e P r e B e l l i n g