If you start booking for your Christmas holiday from now, you could be able to save thousands. According to a latest research.
Research by TripAdvisor revealed the least expensive times to book hotels in popular destinations around the world for Christmas and New Year holidays.
For those who have yet to book their festive trip will be happy to know that the best room rates are still to come.
In fact, the report reveals that for 16 out of the 27 destinations analysed, the best rates are available apt some point between now and the end of the year.
Those travelling to Dubai, Dublin or New York could make the biggest saving by booking at the last minute.
Travellers heading to Dubai can save up to 41 per cent on peak prices by booking only a few weeks in advance.
Whilst those travelling to New York can save up to 25 per cent by booking in mid-November.
Trips to Dublin around Christmas or New Year are best booked in early December when people can save as much as 26 per cent compared to peak prices.
The figures are based on analysis of historical data from TripAdvisor’s hotel bookings for the last two weeks of December.
Hayley Coleman, spokesperson for TripAdvisor, said: "Even when comparing the same dates of stay at the same destination, our report found that hotel prices can vary a lot throughout the year.
"So when you choose to book can have a big impact on the savings you make.
"Based on TripAdvisor booking data, Europe is the best option for late travel shoppers thinking about a Christmas break away, with bookings made in November or December offering the biggest savings to seven out of the nine destinations we analysed."
Those travelling to Berlin, London or Moscow could save up to 35 per cent if they booked their trip from now onwards.
For those planning a trip outside Europe, could save up to 42 per cent if they booked their holiday to Rio de Janeiro in late August.
For a festive trip to Chicago, travellers could save up to 28 per cent by booking in October.
The destination, which saw the biggest variation in price through the year, is Sydney.
Travellers could save 55 per cent on Christmas and New Year trips if they book after late August when compared to the peak rates earlier in the year.
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