Family vacations provide wonderful opportunities for families to bond and make lasting memories. But such opportunities do not come without a price, and that price is oftentimes very steep.
According to the 2015 TripBarometer study from popular travel website TripAdvisor, travelers across the globe are open to spending more on travel in 2016 than they have in the past. The study, conducted on behalf of TripAdvisor by the independent research firm Ipsos, analyzed more than 44,000 responses from travelers and hoteliers across the globe. Thirty-three percent of respondents plan to spend more on travel in 2016 than they did in 2015, while 31 percent admitted that they plan to spend more on travel because it’s important for their health and well-being.
Those figures are good news for the travel industry, but travelers, especially parents who plan to vacation with their children, should expect to encounter rising room rates when planning their trips. That’s because nearly half of all hoteliers surveyed indicated their intentions to increase room rates in 2016. While that might scare off some budget-conscious travelers, parents should know there are ways to cut the costs of family vacations.
· Consider alternative accommodations. Families accustomed to staying in hotels while on vacation may be able to save by exploring some budget-friendly alternatives to hotels. Vacation rental properties, which may include private homes or condominiums, may charge less per day than four- or five-star hotels in the same city. Before booking accommodations, parents should explore all lodging options, including online bed and breakfast websites that may showcase private homes that boast lower nightly rates than large hotel chains.
· Book through a travel agency. Many travelers now book their own vacations through popular do-it-yourself travel websites such as Orbitz, but going it alone may not be the most cost-effective approach for families. Many travel agency representatives are accustomed to working with travelers who are on a budget and building vacations that include all the sights their clients want to see for the amount they’re willing to spend. Travel agency representatives typically have considerable connections in the countries they specialize in, and those connections can produce memorable experiences at lower costs than travelers would likely pay booking the trips on their own. In addition, many travel agencies include the cost of admissions to various sights in their packages, making it easier for travelers to budget for their trips.
· Scour discount websites for deals. E-commerce marketplaces such as Groupon aren’t just for date nights at home. Such websites and services also provide domestic and international travel deals. Families can book entire trips through such websites, many times at considerable discounts, or scour the sites for deals on sightseeing opportunities in the cities where they will be vacationing.
· Plan to cook. Meals can quickly consume travelers’ budgets. The Consumer Expenditure Survey released in 2015 by the U.S. Bureau of Labor Statistics indicated that food and alcohol can take up about 16 percent of the budget for international travelers, and 27 percent for domestic travelers. Such estimates seem low and might reflect the difficulty surveyors had distinguishing between travelers who visited friends and family, and subsequently spent little on food, and travelers who had to purchase all of their vacation meals. Families can cut meal costs by planning to do some of their own cooking. Rental properties and extended stay hotels are typically equipped with full kitchens, which can help parents save money without sacrificing the quality of their vacations.
Families looking forward to their next vacations can implement several strategies to make those trips affordable. FP165052
