Why are hotels so expensive in New York in December?
The first week of Dec. is one of the priciest of the year because everyone else also wants to come then. If your dates are flexible, if you come closer to Xmas (around the 18th or later) you'll see much better prices and it won't be quite as crowded.
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Tight supply: Hopper's report points out that right now, there are fewer hotel rooms under construction than there were before the pandemic thanks to lockdowns, supply chain snags and rising interest rates. When demand is high and supply is low, prices tend to rise.
Book something cancelable early, and keep an eye out for a better rate or better hotel as you get closer to your travel dates. Prices do fluctuate by date of stay and by when you book.
And according to data from the travel app Hopper, the 15-day benchmark is a good one for big business cities, such as New York and Chicago, but it's not as accurate for vacation destinations like the Caribbean or Hawaii.
How long to spend in NYC? 5 days in NYC is actually the perfect amount if it's your first visit. You can spend 3 days in New York City, but it's cutting it close–and you'll need to come back again. If you have only one day in New York City, you can still see Manhattan!
The best month to book hotels in the US is September.During the month of December, hotel bookings are 6% cheaper on average. The second cheapest month to book a hotel deal is March. Avoid October, as this is the most expensive time to book a hotel stateside.
The answer is yes, you will find some good food in that price range, you won't starve. Allowing maybe $100 per person per day will get you a nice dinner every night and an occasional sit down lunch too. Adding more to the budget means you can maybe go to a 5 star dinner for a splurge one night too.
A credit card hold is an insurance policy for the hotel. Specifically, the hold covers incidentals such as damage to the room, room service and dips into the minibar. Depending on the hotel, this hold could be a charge for your entire stay or charged each night.