UK Web Focus

Innovation and best practices for the Web

Saving Money on Accommodation

Posted by Brian Kelly on 26 May 2010

When we heard the news that  “George Osborne unveils £6.25bn spending cuts” we also learnt that “Ministers will be expected to walk or take public transport where possible“. Such austerity measures  will apply to the rest of us too.  But what IT services can we use in order to help us to save money?

Something I’ve been doing for a couple of years is to use services such as Laterooms to get discounts on room rates when I am staying away from home. I started doing this a couple of years ago while I was on holiday in Malaysia and now fairly regularly use the service to book hotels when I’m away on business.

I recently looked at details of my hotel bookings over the past six months or so.  A selection of the hotels I’ve used over that period (including some of holiday bookings)  is shown below.

Savings from use of Laterooms,com

It’s pleasing to see the significant amount of savings that have been made.  I do wonder whether we will be asked not only to make savings but also to provide evidence of the savings which have been made (just as last year I suggested that it might be useful to keep a record of the carbon cost of business trips in order to be able to demonstrate reductions over time).  But what other approaches can we take in order to save money whilst still maintaining the level of our services?

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8 Responses to “Saving Money on Accommodation”

  1. With the axe dangling over the public sector demonstrating value for money and/or cost saving seems pretty high on the agenda right now. In our RSC, as well as keeping a record of savings we are keen to publicly display it. In particular I can tell you our latest collection of open source/freeware software to support people with literacy needs (MyStudyBar) has arguably saved over £300k http://www.rsc-ne-scotland.ac.uk/eduapps/index.php

    I’m sure it won’t be long before we see the ‘How much has Brian Kelly saved’ widget ;-)

    Martin

  2. I also use Laterooms to save money on both business and personal hotel accommodation. I also use the ‘name your own price’ reverse auction feature on priceline.co.uk

    Split ticketing of train fares can save huge sums.

    These tricks to hunt out the best deals are arguably quite time consuming however, so have to be balanced with how much your time is worth…

    • marcustucker said

      Indeed, amazing savings can be had via split ticketing… but it’s a ridiculous system, with poor regulation mostly to blame…

  3. Use Second Life or similar virtual world for small-to-medium sized meetings. Well, you did ask…

  4. marcustucker said

    Calculating “savings” on room rates is rather subjective… if you get a £250/night room for £150/night have you really saved £100 if you could have stayed at the hotel next door for £90? I would argue that the £150/night room is £60 more expensive, i.e. a negative saving!

  5. [...] by Brian Kelly (UK Web Focus) on 18 June 2010 In a post on Saving Money on Accommodation I described how I often use LateRooms when booking hotel accommodation. I described how this also [...]

  6. [...] than the fill-priced return from Bath. Normally that the case, but when I used Laterooms (which, as I’ve described previously, I’m a happy user of), I found that the cheapest room available cost about £300! Eventually [...]

  7. Daniela said

    I came across your post when looking at money saving tips for hotel accommodation and felt I needed to enlighten you to how the pricing works at most (not all hotels). Nowdays hotels work on flexy pricing, very similar to how airline price their seats. The further out you book – the cheaper the room unless of course there is an event or demand for the area is high. You can of course book an advance purchase or pre-paid rate which has terms attached if you wanted to save even more.
    But with most of the hotels chains, you would be better off looking on their own websites as most of them offer a best rate guarantee – in other words you won’t or shouldn’t find cheaper anywhere else! When the hotels use these 3rd party websites to distribute their rates/rooms, the websites haven’t caught up with the real world and still work on the flat rate principal – ie what the top rate for the room would be. To be honest I don’t think flat rates exist in the hotel world anymore. You the guest are being somewhat lead into a false security that you are actually making a saving.
    By all means use these sites to check availability for a cross section of hotels for your given area, but go direct – it’s always cheaper.

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