When to get the best deals on flights and hotels

TUCSON, Ariz. - With millions of Americans currently making memorial day and summer travel plans, TripAdvisor has determined the best time to book a trip and save money. 

If you're thinking about booking a hotel and airfare soon, the best time to do it is within a month of the trip, especially with gasoline prices on the rise.  

If you book early, it can offset the costs of rising fuel prices. 

For example, you can save up to 58% on flights when booking 3 to 4 weeks before your trip, and there's the possibility of saving as much as 40% when booking 4 weeks in advance.

Here's a more in-depth look at the top destinations that prove there is a right time to save big: 

  • Bangkok
    • Max. potential savings vs. peak when booking within 3 months: 16%
    • Average June – August hotel pricing on TripAdvisor: $169 per night
  • Beijing
    • Max. potential savings vs. peak when booking between 1-4 months: 18%
    • Average June – August hotel pricing on TripAdvisor: $201 per night
  • Hanoi  
    • Max. potential savings vs. peak when booking within 2 months: 14%
    • Average June – August hotel pricing on TripAdvisor: $134 per night
  • Tokyo
    • Max. potential savings vs. peak when booking within 1 month: 30% 
    • Average June – August hotel pricing on TripAdvisor: $273 per night
  • Sydney 
    • Max. potential savings vs. peak when booking within 5 weeks: 25%
    • Average June – August hotel pricing on TripAdvisor: $285 per night
  • Dubai
    • Max. potential savings vs. peak when booking within 3 months: 49%
    • Average June – August hotel pricing on TripAdvisor: $336 per night
  • New York City
    • Max. potential savings vs. peak when booking within 1 month: 40%
    • Average June – August hotel pricing on TripAdvisor: $367 per night
  • Barcelona
    • Max. potential savings vs. peak when booking between 3-9 months: 23%
    • Average June – August hotel pricing on TripAdvisor: $308 per night
  • Rome 
    • Max. potential savings vs. peak when booking between 3-8 months: 22%   
    • Average June – August hotel pricing on TripAdvisor: $289 per night
  • Prague
    • Max. potential savings vs. peak when booking between 3-8 months: 20%
    • Average June – August hotel pricing on TripAdvisor: $222 per night
  • Paris 
    • Max. potential savings vs. peak when booking between 2-7 months: 19%
    • Average June – August hotel pricing on TripAdvisor: $338 per night
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