The economy and our government officials continue to make me a bit nervous about spending and investing my hard earned money. One day the experts tell us things are improving, the next day we are told to buy gold and hide it under the bed. (Tough to do at over $1700 an ounce!) Today, luxury and budget travelers alike are looking for best value for their vacation dollars. Below are a number of tips you might consider when planning your next vacation:
Book the Best-Value fully refundable fare early, then continue reviewing the price for saving opportunities. This tip will allow you to achieve that early saver price, but be positioned to jump on a savings opportunity later if the supplier drops prices to reduce inventory. Purchasing “cancel for any reason” travel insurance can provide the same benefit if buying non-refundable travel.
Remain Flexible! Offsetting travel days by + or – 3 days can result in significant savings on airfare and other transportation.
Alaska in May |
Plan your vacation during shoulder periods. For an Alaskan cruise, this would include May and September – the weather may not be as warm as June/July, but savings can be greater than $1000 per person on a cruise/land tour package. Travel October through April in Europe and avoid other tourists, save on hotels and airfare, and enjoy a more authentic experience.
Patiently Waiting |
If your travel schedule permits, arrive at the flight counter early and add your name to volunteer for a bump. If the flight is full, you could end up with a later flight and a valuable flight voucher to use on your next trip. Afternoon and evening flights often provider a greater opportunity to be bumped. Kim and I had an opportunity for a $500 voucher each a couple of years ago, but we did not want to give up our first class upgrade. Turns out the later flight arrived at DFW before we did.
Destination Awareness! Many countries continue to provide savings opportunities on hotels and dining. As an example, the Argentina peso continues to provide great exchange rates and their seasons are opposite of ours in the US providing great escapes from our temperature extremes.
Kids eat free. If traveling with children, look for family friendly hotel/resort with additional savings.
Don’t forget your travel reward programs. You don’t have to be a road warrior to gain significant benefits through travel rewards. Credit card reward programs provide valuable travel benefits. Be sure to check your balances and be aware of benefits that expire.
Consider Vacation Rentals. This is a great savings opportunity for groups and multi-family vacations. Condos and Villas in gated resort settings around the world often provide numerous amenities that hotels and resorts do not offer. This may include a cook, butler and even a driver for your group’s safety and comfort. Many owners have multiple properties and can be booked together for large groups at a greater savings.
Check alternate airports for flight savings.
Use a travel agent. Go ahead and find your dream vacation and lowest price available then ask us to beat it. Even if we only match the price we often can find that extra amenity or find additional services that create a memorable travel experience. We are your advocate and are able to work with travel providers resolving issues while you are on the beach drinking a Pina Colada.
What are your favorite ways to save money when you travel?