When it comes to hotel bookings, I usually either pay in full upon booking to take advantage of advance purchase rates, or I select a rate where I pay on arrival. Recently I booked a room and the hotel took a one night deposit, which is unusual.
Having not seen this before, I was curious as to whether it’s something common or if it’s appeared due to Coronavirus. It’s not something I have come across before, personally.
One Night Deposit
Apparently Hawaii is red hot right now among US citizens and even I am getting in on the act, heading over next year. When booking my boutique hotel, a one night deposit was required to access the advance purchase rate.
Initially I was a bit reluctant to go with it, but upon reflection, it’s actually better this way. I would rather pay one night than the entire thing, as it is less of my cash tied up in advance.
At the same time, it is possible to cancel up to 72 hours before arrival, which is extremely flexible. Any cancellation would be done by me well in advance of this date, so this is good.
The saving for the advance purchase was not substantial but also a decent chunk of change over a five day stay. It makes little sense to me to be booking the flexible rate in these circumstances.
I like paying a one night deposit for an advance purchase rate rather than the entire amount. There was no option to pay for the entire stay in advance and save even more, so that was also the only choice I had.
With the flexible cancellation fees, this is actually a very good thing. I’ll be curious to see if it becomes a thing or whether it’s just a temporary thing to protect the potential cash outflows thanks to the pandemic. Either way, I’m a fan!
What do you think of hotels taking a one night deposit for advance purchase instead of the entire amount? Have you seen this before and is it common? Thank you for reading and if you have any comments or questions, please leave them below.
Featured image by Hello Lightbulb on Unsplash.