We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

2021 Holiday pricing

I had a direct booking for a hotel in Florida for this coming September but given the current situation I cancelled some time ago as they were unable to move my booking to the same week next year at the time I enquired.

The booking window opened up this week but for the same week and accommodation the price is almost double. I can obviously understand that they are trying to make up for a lost year as well as taking advantage of the potential increased demand but was wondering what the best advice would be regarding timing of making the booking.
IE is it better to bite the bullet and book now at a sky high price or do the prices usually drop and if so when roughly would be the best time.
«1

Comments

  • Westin
    Westin Posts: 6,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I would wait until January.  I suspect tour operators will be renegotiating rates but have yet to start/complete the task.
  • zagfles
    zagfles Posts: 21,686 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    edited 4 August 2020 at 6:13PM
    Who knows? But personally I won't be booking anything far in advance, I hardly ever do and was very glad I hadn't this year! I'll be booking even more last minute than usual probably! Just been on a UK beach holiday booked 4 days in advance, very cheap, but prices now seem to have surged and availability plummeted, so people suddenly seemed to have realised they won't get away abroad this year so have booked in the UK.
    No-one knows what the situation will be next year, insurance may not cover for COVID related cancellations.
  • MATTR5
    MATTR5 Posts: 1,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Flights will p[robably be a lot more as well - Lots of people have been forced to amend as no refund offered by some Airlines though that's getting better - If Disney is a big part of your plans I wouldn't go 2021 either unless you are incredibly well organised - the booking park dates etc is a pain - leave it for 2022
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'd imagine there'll be more demand than usual for next year, as lots of people had to move holidays etc. 
    That's probably why there's a spike in pricing. 
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You may be correct in your assumption that pent up demand may put up flights and holidays.
    You could also argue that some people that would normally go on foreign jaunts might still be scared of booking not only due to Covid but the mess of travel companies in trying to get their money back if their plans are cancelled.
    My plans for next year are fluid - I know where I would like to go and I know the maximum price that I would pay to get there. Rest depends on where the world is with the virus.
  • TELLIT01
    TELLIT01 Posts: 18,614 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    Prices generally seem to have increased a lot for next year.  Not that much of a surprise as owners will be desperate to refill their coffers.  I've been looking at prices for Scotland next year and some of the prices are eye watering.
  • tberry6686
    tberry6686 Posts: 1,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I had my Florida holiday in September cancelled by TUI.  I rebooked for next year on the phone and the price was £300 cheaper !
    Same hotel, flights, car hire, dates.  
  • VWPolecat
    VWPolecat Posts: 195 Forumite
    Seventh Anniversary 100 Posts
    Good luck to them jacking the prices up for 2021 . Nothing magical is going to happen on 1 Jan 21 unless a working vaccine is found. Travel companies and airlines will continue to fail until the middle of the decade.
  • gooders77
    gooders77 Posts: 11 Forumite
    Seventh Anniversary First Post Combo Breaker
    I looked at moving my hotel booking for 3rd time yesterday. 

    Was originally Easter this year cost at £650, then moved to october cost at £400, put back to easter next year now £790. all for 4 nights. I did this on booking.com. When I looked at rebooking as a new booking clearing cookies etc its still £790. I then read that due to Covid rooms will be left empty for 48 hours so I guess the small increase is due to them not being able to turn the room around for new guests in the same day now. 
    I guess this may be a thing happening everywhere?
  • jaybeetoo
    jaybeetoo Posts: 1,517 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    "Tui: Holiday bookings for next summer jump 145%"

    https://www.bbc.co.uk/news/business-53756429 


Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.