When going on an overseas or interstate vacation, the bulk of your money would usually be allocated to lodging. But did you know that with the right hacks, you can actually save a significant amount? Having said that, do also bear in mind that a cheaper rate also means the need to compromise certain traits. For instance, do not expect to stay in a 5-star hotel for free.

Some of us do not mind staying at a simple place so we can better spend our money for entertainment, food and other experiences that we otherwise do not get to see in our country.

For budget travellers who are thinking of ways to cut down on accommodation costs, we came up with a guide to help you score cheaper accommodation for your next holiday. You are very welcome!

#1 BE FLEXIBLE AND CONSIDER A DATE CHANGE

Certain hotel rates are cheaper on selected days and that is primarily due to the lack of demand. Do expect a surge in prices during peak travel periods. Some hotels do provide an overall view of the different daily rates and you will realise that weekdays are typically cheaper. Most hotels also offer early bird rates—so do be flexible about changing dates!

#2 COMPARE PRICES ACROSS WEBSITES

The general rule of thumb is to NEVER settle for the first rate you are offered. Do compare your prices across various online booking platforms such as Agoda, Booking.com and the hotel’s official website. Tally the total prices—inclusive of taxes—and you will be surprised. Some differences could be negligible or significant.

#3 OR TAKE A GAMBLE AND BOOK IT LATE

Here’s the interesting thing—certain hotels do offer slashed rates when you make a last-minute booking. For instance, mobile application HotelQuickly allows hotels to push out unoccupied rooms at discounted prices. Some discounts are massive and can be up to 40%! Of course, you would probably have to compromise on the room of your choice.

#4 OPT FOR HOME RENTAL SITES

If a particular city’s hotel rate is way over your budget, then consider home rental sites such as AirBnb where you can book an entire place, a private room or even a shared room! Prices on AirBnb are usually cheaper and what you get in return is a much more spacious area. Yes, AirBnb lodging gives you more bang for the buck—especially when travelling in a group.

#5 BUY OVER SOMEONE ELSE’S BOOKING

Travel mishaps are bound to happen and sometimes travellers book accommodations that cannot be refunded. This is when Roomer and Cancelon come in handy. These platforms allow travellers to post listings of their booked hotel rooms and the public can buy these bookings off them at discounted rates. Talk about a win-win situation!

#6 STAY IN LESS FANCY HOTELS NEXT DOOR

Reputable global hotel brands are usually located right smack in the city centre. The location is ace but the price tag can be scary. Instead of resigning to fate, this is what you can do—consider the less fancy hotel next door which will offer you an equally superb location but less glamorous amenities. It’s all about a case of compromising.

#7 JOIN MEMBERSHIPS TO ENJOY PERKS

Certain hotels give you special discounts if you sign up for their newsletters or join their membership programmes. However, note that the latter usually involves a fee which might or might not work in your favour in the long run. However, registering as a user with Agoda and Booking.com is completely free and gives you access to exclusive special daily rates. What are you waiting for?

It is always a good feeling to be pampered while on holiday, but then the bill comes in, and suddenly you don’t feel that good after all.

This is reality. So you’ve got a budget to work with? Most of us do. Luxury holidays sure don’t happen every day, or month. Or even year.

The trick is knowing when to spend and when to hold back, and it all depends on what is most important to you. Comfort, safety, cleanliness, and all the other kinds of experience you’re looking for all factor into your decision-making process. Here is our ten cents worth.

Transportation

If you can afford business or first class on an airplane, then by all means, go for it.

But the truth is most of us are always struggling between budget and regular plane carriers to begin with. First, start by weighing the pros and cons of each option before making your booking.

Maybe you need a comfier seat for better rest during the long flight, or maybe you are perfectly fine with going budget for a few hours. Then again, budget carrier may not always be the cheapest option because you have to factor in check-in baggage fees and meal add-ons.

As for domestic trips and traveling within a country, it is more often than not more economical to go by train, bus or even a rented car. You don’t really need to spend on airfare and go through the hassle of checking your bags in and waiting for security checks.

Accommodation

How much time will you be spending in the room, really? If you are at a beach resort to chill out, then spend that extra tens or hundreds of dollars and put yourselves up at a more comfortable accommodation. The “investment” will bring great mileage to your holiday, surely!

But if you are heading to a place where you plan to shop your heart out and explore every nook and cranny, then consider saving money on accommodation with hostels, rented apartments, home stays or smaller, not-so-lavish hotels. After all, you just need a basic space to sleep and shower in.

Another train of thought is that it can be lodging at a very convenient location. The “top-up” may mean you can save on transportation within the city/ country.

Think about where your expensive hotel is located at – if it is just another high-end chain in another city that can be replicated anywhere else in the world, then maybe you might want think twice before splurging.

Bed and breakfasts, hostels or boutique hotels can provide you with an experience more unique to your destination, as well as more exposure to the locals and their non-tourist trap suggestions.

Food

Fine dining can be an indulgent treat, where you get all dressed up and pamper yourself for a day. Everything is clean and shiny, the service is impeccable, the food’s pretty darned great, and you get to brag about all the Michelin-starred restaurants you experienced. If that is the type of experience you are hankering for, the world is your oyster and lots of amazing meals await.

But fine dining can also burn a hole in your wallet and leave you wanting more. Or maybe lavish meals on big plates just ain’t your thing. Then we say make the trek to hole-in-the-wall bars, small eateries, local joints and even roadside stalls for more quintessential experiences!

Other activities

We don’t know about you, but as much as possible, we steer clear of spending a bomb on touristy city tours, cruise ships or anything that includes souvenir shopping and random photos against a green screen. Souvenirs all look the same, and no one really appreciates them anyway.

Know what works for you, do your research and ask around – then you can map out an itinerary that suits you better than any pre-planned tour.

If you are dying to try out an activity that is pretty costly, ask yourself if it can be done anywhere else, and if you will regret not doing it when you get home.

Sometimes, money doesn’t matter in the face of these once-in-a-lifetime experiences. It is the precious memories that are invaluable, right? And so, we often splurge on such intangibles despite being on a budget – but we’ve never regretted.

On an extremely tight budget that there’s really nothing left to spend? Go for free or low cost activities. There are aplenty around the world; depending on where your holiday is at, of course. You can visit historical and cultural places like museums, parks and galleries, or get in tune with nature at rainforests, beaches or waterfalls.