TripAdvisor Compares Cost of Holiday Rentals vs Hotels

A cost comparison from TripAdvisor, which features more than 630,000 holiday rental properties around the world, shows families and groups travelling for a week or more can save substantially by choosing a holiday rental, rather than a hotel.

The study looks at the average cost of accommodation for a week’s stay in a two-bedroom holiday rental, as well as a week’s stay in two bedrooms in a three-star hotel, in international destinations popular with travellers during the year-end peak holiday season.

The results show that travellers, specifically those in need of multiple bedrooms for an extended stay, can save up to 57% by choosing a holiday rental.

For travellers planning a trip in Asia Pacific, the greatest savings can be found in Goa, Tokyo and Penang, where a one-week stay in a two-bedroom rental property comes in 57%, 41% and 30% cheaper respectively than the same stay in two three-star hotel rooms.

Those heading further afield can expect similar savings in popular North American and European destinations, with two bedroom rental properties coming in up to 39% cheaper than two hotel rooms.

“Holiday rentals are a great option, especially for families or larger groups going away for a week or more who don’t mind forgoing certain hotel conveniences, such as housekeeping, room service and a concierge, in exchange for a more affordable stay,” said Jean Ow-Yeong, TripAdvisor spokesperson. “The end-of-year peak travel season is a notoriously expensive time to travel, but, as our study shows, choosing a holiday rental can make things much more affordable.”