Memorial Day means it's time to start planning summer trips.
Want to know how to cut the cost of your travel accommodations by as much as 63 percent this summer? According to Hipmunk—a popular travel app and booking site—the answer could be as simple as reserving a vacation rental.
For the second year in a row, Hipmunk has analyzed 100 towns and cities across the country to determine where travelers can find the most significant savings. In a survey released earlier this week, Hipmunk revealed that this year, the Boston suburbs of Somerville and Cambridge both offered visitors the most savings (an average of 63 percent) when they booked a vacation rental rather than a hotel.
That’s the difference between spending $90 per night and $245.
The upscale beach town of East Hampton, New York came in third place on the savings-with-rentals list, with rental rates an average of 57 percent lower than hotel room rates. In this pricey coastal hamlet, that means keeping an $438 in your pocket.
Across the country, vacation rentals averaged 11 percent less than hotel rooms booked between June 1 and August 31.
If you want to have an affordable vacation for the whole family, be sure to make a reservation early: Hipmunk also found that vacation rentals book earlier than hotel stays.
Melanie Lieberman is the Assistant Digital Editor at Travel + Leisure. Follow her on Twitter and Instagram at @melanietaryn.