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If you’re looking for Accommodation on the Gold Coast any time over 2 weeks or more in advance, people often ask should I book now or wait just in case the price drops?
Often people wait in the belief the price will drop or they can get a “last minute’ special rate. This sometimes is the case and sometimes is not so, our recommendation is if you find a room that suits you and the price or deal suits you, you should book it while it is available.
Gold Coast accommodation rates are based on the principal of supply and demand, meaning if there is a glut of rooms the price should drop and if bookings are solid it’s unlikely a price drop will occur and could even go up. So, you could gamble and the price might drop but it might not and you’ve lost your preferred room and are left with a last minute rush to try to find a suitable room.
The Gold Coast does not have heavy high and low demand periods like many areas, as for example school holiday dates vary from state to state and there are many events year round to create a steady year round demand.
Although there may be many websites that offer rooms at the same hotel, they do not always have the exact same rooms. Most hotels now work on a principal of ‘price parity’ which means they won’t allow websites to sell cheaper than others.
So when you see a cheaper room it’s probably cheaper because it’s an inferior room. You know, instead of overlooking the ocean you might be overlooking the garbage area, that’s why it’s cheaper.
The key is to find the right room at a good price and not the ‘cheapest’ price. Besides who wants to spend weeks following and comparing websites, rooms and prices. You’re better off spending that time researching what you want to do on your break.
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