The Best Time to Book a Holiday
Here are the most affordable times to book a holiday to get the most bang for your buck.
When you’re caught in the whirl of the holidays (and top holiday travel destinations), it’s borderline impossible to think about the upcoming year. However, there is a chance you do need to start planning your 2025 trips now if you want to be savvy with your money.
The cost of your airfares and lodgings does vary based on what time of year you book — plus, your options for travel change, too. Here’s what you need to know about the best times to book holidays to ensure you’re saving money and getting the most bang for your buck with your trip.
Book a holiday using the Goldilocks window
Booking at the last minute for a trip will almost always lead you to pay much more than you would have liked to spend. Prices for hotels and flights careen up as the date approaches, and as they get booked, you have fewer and fewer options. Budget vacation choices will get swooped — as will the flights with the most convenient times and the lodgings with the most attractive amenities.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
However, you don’t want to book too far in advance, either. That, too, can lead to you spending an unnecessary amount of cash. There is a “Goldilocks window,” according to the Points Guy, which posits that the best time to book a domestic flight is three to six months before your plans, while you’ll want to purchase international airfare four to eight months beforehand.
Of course, other experts suggest you may have even more time than that to book your flights now. A report from Expedia, which used its own data as well as information from Airlines Reporting Corporation (ARC) and travel data provider OAG, suggested the ideal time to buy the cheapest trip is actually 28 days before a domestic flight and 60 days before an international flight.
Other interesting findings? Book a Sunday flight to get the lowest price (Fridays are the most expensive day to fly, typically!).
Book now if you want to travel internationally in the summer
The reality is that travel is still wonky from the pandemic, which means that if you’re looking to fly internationally, especially next summer (the most popular time to vacation for Americans), it’s best to get on it ASAP, as prices will simply start to soar as the high season approaches.
The issue is that there are still trips and events that were postponed due to COVID-19 that are now being held, and there are also plenty of people who are more eager to travel than ever after the pandemic’s peak.
“Pre-pandemic, there was a tendency to book later and later and later, simply because there wasn’t an issue about supplying the products, because it seemed like there was an endless supply,” Dino Triantafillou, managing director of tour operator Italian Journeys, explained to CNN Travel. “And so that’s been pushed back now because of the supply issues and the huge demand. So inevitably, something has to give, and that means clients have to book at least six to 12 months in advance to get what they want at the right price.”
So, if you have your heart set on a Grecian beach or a Paris night out this summer, you’d do well to start planning now to ease your budgetary burdens.
The bottom line on when to book vacations
While it doesn’t make sense to book a trip too early (most airlines and hotels will only let you book a year out anyway), with 2025 almost here, it’s wise to start planning as soon as possible if summer is your preferred time to travel. Otherwise, you should prep for domestic trips about three months in advance and international ones four to six months beforehand.
But keep in mind that flight forecasting is a tricky business, and prices do vary dramatically based on demand and destination. Sign up for a flight tracker so you’re aware of price dips, use the best travel websites to save money, and try to be flexible when planning — your wallet will thank you.
Related Content
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Becca van Sambeck is a writer and editor with experience in many fields, including travel, entertainment, business, education, and lifestyle. Her work has appeared in outlets like NBC, Oxygen, Bravo, the University of Southern California, Elite Daily, CafeMom, Travel For Teens, and more. She currently resides in New York City.
-
RH Fell Short on Earnings But Its Stock Is Up. Here's Why
RH stock is one of the biggest percentage gainers Friday as the home improvement retailer's upbeat outlook offsets an earnings miss.
By Joey Solitro Published
-
Is Costco Stock Still a Buy After Earnings?
Costco stock is slightly higher Friday after the warehouse club beat expectations for its fiscal first quarter. Here's what Wall Street has to say.
By Joey Solitro Published
-
Do You Feel Like Somebody’s Watching You? It's Your Car
What's worse, you gave your vehicle manufacturer permission to watch you — no matter what you're doing. What are the car companies doing with that information?
By Karl Susman, CPCU, LUTCF, CIC, CSFP, CFS, CPIA, AAI-M, PLCS Published
-
I Won’t Be Handing Out Gift Cards This Christmas. Here’s Why
Gift cards are usually considered a safe bet at Christmas, but in these strained times, how can you be sure your gift won't go to waste?
By Charlotte Gorbold Published
-
Quicken Launches New Tool to Protect Your Financial Documents: Is it Worth It?
If you're looking for a secure place to store your financial documents, Quicken's LifeHub offers you an easy and affordable way to do so.
By Sean Jackson Published
-
CPI Report Casts Doubt on Rate Cuts in 2025: What the Experts Are Saying About Inflation
CPI November Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.
By Dan Burrows Published
-
Quiz: Test Your Financial Literacy
Try your hand at these three questions designed to gauge your knowledge of the ABCs of personal finance. In a survey, only 43% of Americans answered correctly.
By Janet Bodnar Published
-
How to Get the Maximum Social Security Check in 2025
The maximum Social Security check is $5,108 in 2025, up from $4,873 in 2024. Even if you don't qualify for the maximum monthly benefit, you can still increase your payments.
By Kathryn Pomroy Last updated
-
The Best Ways to Use Your Year-End Bonus (and the Worst)
'National Lampoon's Christmas Vacation' shouldn't be anyone's go-to for financial advice, but it does remind us how not to spend a holiday bonus.
By Frank J. Legan Published
-
Never Talk About Money? For Women, That Can Spell Disaster
How can you plan for retirement when your husband holds the purse strings and talking about money is taboo? Help is at hand for this common problem for women.
By Cynthia Pruemm, Investment Adviser Representative Published