June 1, 2007, Newsletter Issue #162: Budgetary concerns

Tip of the Week

The cost of hotel reservations can be a major or even the majority of your travel budget. Unless money is not a concern, when planning a vacation or trip, first determine your overall travel budget. Then determine how to and the cost to get to your travel destination and possibly rent a car. Then decide how much your going to spend on food and extras like sun screen, activities and shows. After subtracting transportation, food and extras from the overall travel budget, your left with your hotel budget. At this point finding the right discount hotel at the right price may well be critical. If a hotel which meets your needs isnīt available within your budget, your left with several alternatives including raising the amount your willing to spend, finding a different lower cost time period to travel, determining whether flying or driving is more cost effective or practical, finding an alternative travel destination or changing the amount of time you stay. Having a shorter trip in a good hotel in a desirable location might well be preferable to staying in a undesirable hotel or paying to much. Forethought, flexibility and time spent researching travel reservations can often eliminate budgetary concerns.

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