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5 Ways to Outsmart Hotels and Save Money

5 Ways to Outsmart Hotels and Save Money

When it comes to dealing with hotels, know that you have the advantage. Hotels are a permanent fixture, which means they can’t change their location and they’re entirely dependent on foot traffic. You, on the other hand, have the option of walking nearby to inquire at competing hotels. And with searches on your phone, you can quickly find key information such as room rates and occupancy levels in your city.

A Google search reveals that in the U.S. the average room rate is between $122 to $137 per night. In 2015, hotel prices rose 3 percent, according to Hotel Price Index (HPI).

Here are ways to cut your hotel costs.

  1. Book late and use rewards programs

In the airline industry, ticket fares increase the longer you wait to book a flight but the opposite is true for the hotel industry. Room rates decrease the longer you wait (to book your room) because these establishments are motivated to increase their occupancy.

There are many tools at your disposal. For instance, HotelTonight is a mobile app that lists discounts at thousands of hotels. Room rates found on the app typically decrease the longer you wait to reserve your room — the later it gets, the more hotels slash their prices to avoid having too many empty beds. On average, the app’s users save 17 percent, according to CEO Sam Shank in an interview with Lifehack.

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Secondly, consider using hotel rewards or card programs. In the case with HotelTonight, the app has a partnership with Capital One that gives Venture and VentureOne cardholders an extra 10 percent discount on top of other savings. Card reward programs often bundle their offers with other promotions. So in this case, Venture cardholders will earn unlimited double miles while VentureOne customers continue to earn 1.25 miles on their purchase.

So do your research. Almost all major credit cards and airlines have partnerships with hotel chains — some award points that accrue toward a free hotel stay or airline ticket and other perks.

  1. Find off-peak times and occupancy levels

Go online and look for off-peak times and occupancy levels in your target city. This is possible through the power of search engines. Media outlets and consulting firms often publish occupancy levels in key cities. A Google search reveals that occupancy rates averaged 84 percent in San Francisco in a recent year, but these levels can be as low as 60 percent in Miami during a certain period.

If nearby hotels have higher numbers of empty beds than they’d like to admit, you should leverage that information to negotiate a lower rate. If you stay for a week, the savings could add up to hundreds of dollars. And that leads to our next tip.

Find out when offseason takes place. It won’t be near the Super Bowl and it won’t take place near March Madness. Hotels may also slash prices at the end of summer or right after holidays, or during midweek (compared weekends). If you’re staying at a hotel and you’re seeing a big crowd, chances are you’re also paying a higher price. It’s Economics 101: More demand equals higher prices while more supply means lower prices.

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If you plan to frequent a specific hotel, then introduce yourself to the manager. Negotiate your rate or ask for a room upgrade. Most hotel managers are well-connected and it’s a shortcut to discovering the ins-and-outs of a locale that you may not know about.

Airplane-wing
    1. Use coupons and vouchers

    Go online and research coupon and hotel voucher sites. They can shave off the room price as well as give your various other benefits. For example, airport hotels can offer free parking, airport shuttle or a cheaper flight. So consider how smaller savings from various sources can add up to a tidy sum.

    A casino hotel may offer free tickets to a show or provide free meals and drinks. If you’re likely to miss breakfast, get a to-go box and save your meal. Take advantage. Hotels want to give you these perks. Competitors are nearby, and being a fixture, hotels are permanently stuck to their location. You’re not.

    1. Travel like a local

    Traveling shouldn’t bind you to perpetually patronize restaurants and local shops to the point where your bank account is in the red. Restaurants and shops located inside the hotel are particularly expensive. Moreover, when you go abroad tourist hotspots are known to significantly inflate prices if you look like a foreigner. Adjust accordingly and you won’t get ripped off.

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    When it comes to dining, there are hotels that have kitchenettes, so you can buy gastronomical delights and cook at your leisure. If you’re traveling abroad, ask the hotel’s front desk if you can get a discount or other perks if you pay in U.S. dollars. The greenback represents a stable currency that, in some cases, is more redeemable than local fiat money.

    1. Ignore entertainment packages

    There are mobile apps that will help you find worthwhile activities. Apps such as ‘CityMaps’ will show you nearby attractions while ‘Peek’ helps you book nearby activities and tours.

    For the most part, forget the hotel’s organized tours and entertainment packages. Most of these packages have significant markups where the hotel collects a nice commission. If you want to go diving, going outside the hotel premises to a nearby diving shop will usually save you money.

    Some packages may not be a bad deal, but how will you really know unless you’re already familiar with local prices? Chances are, you’re not.

    And these packages can include destinations that you won’t necessarily enjoy — like a forced visit to the local zoo when all you really wanted to see was the coastline or historical museum. Always consider that the hotel and tour company may get commissions from forcing you to eat at a particular restaurant or by forcing you to visit a certain destination. They are for-profit enterprises. It’s also tough to back out when the package deal already includes the entry fee to places that you don’t want to visit.

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    Traveling is fun and it should be done smartly. It can definitely be accomplished without breaking your wallet. As Warren Buffett says, “Price is what you pay but value is what you get.”

    Airport-waiting-lounge 2 - Picjumbo - Lifehack

      Featured photo credit: William Warby via flickr.com

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      Marvin Dumont

      Entrepreneur, Disruptor

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      Last Updated on July 12, 2021

      100 Incredible Life Hacks That Make Life So Much Easier

      100 Incredible Life Hacks That Make Life So Much Easier

      Want to learn some quick and easy life hacks that are easy to do, low cost and saves you time?

      By tweaking little things in your daily life, it can make your life much more convenient!

      Here’re 100 of the most practical life hacks so you can just pick up any of them right away!

      83 tie a small piece of bright colored fabric

        84 write random letter

          85 use a rubberband

            86 dorm smell bad

              87 lean your phone on your sunglassess

                89 how to waterproof your shoes

                  90 take a picture of the name card

                    91 iron inside out

                      92 old newspaper

                        93 tumble try shoes

                          keep a card like this

                            SONY DSC

                              94 soap bar

                                95 make a hole

                                  96 drop the battery

                                    97 use a coozie

                                      98 when taking a picture

                                        use a clean dust pan

                                          try a pants hanger

                                            use your cellphone light

                                              use a spring from an old pen

                                                quick and easy iphone speaker

                                                  user binder clips

                                                    wrap a wet paper towel around your beverage

                                                      put pancake mix in a ketchup bottle

                                                        clean out an old lotion bottle for your beach

                                                          use a muffin tin to serve condiments at a bbq

                                                            doritos are great for kindling

                                                              use nail polish to identify different keys

                                                                use a hanging shoe rack to store cleaning supplies

                                                                  freeze grapes to chill white wine without

                                                                    use paper clips to organize your cables

                                                                      almost finished your jar of nutella

                                                                        sick of having a box full of tangled

                                                                          unroll the rim to increase the capacity

                                                                            cut open toilet paper rolls and use as a cuff

                                                                              remove the stem from strawberries

                                                                                turn an old bottle into a simple little cord holder

                                                                                  for iced coffee and iced cappuccino, use frozen coffee cubes

                                                                                    how to fold a fitted bed sheet

                                                                                      tired of snoozing past your alarm

                                                                                        place a rubber band around an open paint can to wipe your brush on

                                                                                          ut a wooden spoon across a boiling pot

                                                                                            use bread clips to save flip-flops

                                                                                              take pictures of friends holding items

                                                                                                how i always know which headphone is the left one

                                                                                                  put a stocking over the end of a vacuum

                                                                                                    How to make sure you drink enough water

                                                                                                      user a can opener to open blister

                                                                                                        good sandwich guide

                                                                                                          turn your muffin pans upside down

                                                                                                            50 pounds of groceries and living on the 5th floor

                                                                                                              the right way to make a blt

                                                                                                                add one teaspoon of baking soda

                                                                                                                  38

                                                                                                                    hair straighteners equals to collar irons

                                                                                                                      stack your clothes vertically to see them all

                                                                                                                        the right way to make cookies in the summer

                                                                                                                          how to clean a blender

                                                                                                                            the right way to eat a popsicle

                                                                                                                              use bread clips to label and organize power cords

                                                                                                                                to get the built up residue off of your shower head

                                                                                                                                  user a hair clip to orgainize long wires

                                                                                                                                    a frozen saturated sponge in a bag

                                                                                                                                      rub stuck zipper teeth with a graphite pencil

                                                                                                                                        use a soda pop tab

                                                                                                                                          50

                                                                                                                                            51 How to multiply large numbers in your head.

                                                                                                                                              52 How to open a bottle if you dont have a corkscrew.

                                                                                                                                                rub a walnut on damaged wooden furniture

                                                                                                                                                  kids fall out of bed

                                                                                                                                                    use toothpaste to clear up hazy car

                                                                                                                                                      58

                                                                                                                                                        59 keep pizza out while driving home

                                                                                                                                                          60 put your straw through the tab to keep it from rising

                                                                                                                                                            hold oreos with a fork so your fingers

                                                                                                                                                              Never lose your remotes again

                                                                                                                                                                hiding your emergency money

                                                                                                                                                                  use a bread tab to hold your spot on a roll

                                                                                                                                                                    if you are at a hotel and run out of chargers

                                                                                                                                                                      keep a square of cardboard in a ziplock bag

                                                                                                                                                                        If you need to pee or smoke at a bar

                                                                                                                                                                          drill holes in the bottom of your garbage

                                                                                                                                                                            use an accented letter as your passcode

                                                                                                                                                                              use a squeeze ketchup bottle top with your shopvac

                                                                                                                                                                                do something unusual when locking the door

                                                                                                                                                                                  when heating leftovers space out a circle in the middle

                                                                                                                                                                                    dont burn yourself in those hard to reach candles

                                                                                                                                                                                      put a small amount of water in a glass when you microwave your pizza

                                                                                                                                                                                        75 use a piece of paper to organize

                                                                                                                                                                                          use half a pool noodle

                                                                                                                                                                                            pencil case to store cables

                                                                                                                                                                                              78 clothespin to hold nail

                                                                                                                                                                                                79 make blts

                                                                                                                                                                                                  80 take a picture of your fridge

                                                                                                                                                                                                    81 fill plastic water bottles

                                                                                                                                                                                                      82 right ways to eat chips

                                                                                                                                                                                                        99 if your plug keeps failing

                                                                                                                                                                                                          100 put the banana on the wire

                                                                                                                                                                                                            88 before you throw away a post it

                                                                                                                                                                                                              Source: Reddit LifeProTips

                                                                                                                                                                                                              There you go, 100 awesome life hacks that you can try right now to make your life a lot easier!

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