The world's best budget hotels that cost less than £100 per night (2024)

FAQs

Where is the cheapest place to stay in the world? ›

Panama. Panama is one of the cheapest countries in the world to book a hotel, making it an excellent destination for travelers on a budget. Despite its affordability, Panama offers a wide range of unforgettable experiences.

A budget hotel (or economy hotel) is a small to midsize property that offers basic facilities and services for a low price. In terms of hotel star ratings, 1- and 2-star hotels are considered budget accommodations.

Hostels are a popular alternative to hotels if you don't want to sacrifice comfort and convenience at a fraction of the price of a hotel room. They're especially perfect for backpackers, solo travelers, and young adults looking to meet other like-minded travelers and make new friends from all around the world.

When booking cheap hotel rooms in New York, it's typically best to book about 3 weeks in advance. Book further in advance than that and you could be paying too much for your room, as hotels will often overestimate future demand. However, if you wait too long, you might find that the hotel has been completely booked.

Bag some luxury for less at these low-cost destinations

Antalya in Turkey is the cheapest city in the world for five-star accommodation, according to new research.

Extended stay hotels offer the amenities you need while away from home.

Las Vegas is the least expensive destination, averaging just $52 per night. On average, hotel rates are still about 20% more affordable than they were in 2019 across the 50 destinations considered by the survey. In certain cities, they are down even more: Houston (-35%); New York City (-42%); and San Francisco (-46%).

Next, try calling the hotel directly and speaking with the reservation agent. Often, they have more flexibility to offer discounts or special deals than what's available online. Don't be afraid to ask for a better rate or upgraded room.

How far out is the cheapest to book a hotel? ›

Figuring out the best time to book a hotel isn't an exact science — there's plenty of variation throughout the industry. But if we're looking at statistics, the lowest prices for hotel rooms are typically found just 15 days before your stay. Yes, last-minute bookings are (usually) better.

The definition and essence of small luxury hotels

Exclusivity: Relatively few rooms with a high price point helps make these hotels exclusive resorts. Intimacy: Every luxury hotel will have its own theme, vision, or atmosphere, and guests will feel this.

“That demand falls off towards the end of the week when hotels see that they're not going to fill their rooms, so they start decreasing the prices by Friday and Saturday, making those days the best time to book a hotel.” Another way that booking hotels differs from booking flights is flexibility.

Prior to the pandemic, Kayak had reported that Sunday is the cheapest day of the week to check into a hotel, the day that travelers on a weekend getaway usually return home and prior to the Monday check-ins that are typical for business travelers.

Fewer short-term rentals likely means higher prices for tourist accommodations. As one hotel-industry player told the real-estate publication BisNow, “The notion of Airbnb being available has definitely limited the pricing power of the hotel industry … You take that away, and there's even less inventory.

Leading the list as the cheapest place to travel right now is Hoi An, Vietnam. According to the Post Office report, a total estimated cost of just $64.51 a day for the travel essentials makes this charming gem the ultimate bang-for-your-buck destination that won't break the bank.