The standard vacation is often scheduled well in advance of the departure date. The fun of planning can be part of the overall enjoyment of the holiday experience. There is not always time to plan because one strategy for getting travel bargains is to wait until the last minute. Hotels and other service providers operate under the same economic conditions that influence other business sectors. They are in business to make money and they do so by selling rooms. During periods of high demand, consumers can expect to pay premium prices for accommodations. The hotels must maximize the room rate return during periods when the demand is strong because there are plenty of times throughout the year when the picture is not rosy for them.
The reality is that once a hotel is quite sure they will not be selling rooms at full price, they begin to discount them. Airlines do the same thing because seats sold at lower prices are better than empty seats. The effect their economic hardship is often an opportunity for travelers. The rooms and modes of travel that are discounted often find their way into packages that can be utilized for last minute late holidays. Get a hold on the options before you.