A version of this post originally appeared on January 5, 2014.

Finding the best hotel price is on so many travelers’ minds these days.

According to the Tourico Holidays and Last Minute Travel Club’s global travel trends report, price is the most important factor when booking a hotel, followed by promotions and location.

Report Graphic - Reasons Hotels Booked

The report also found that 75% of people have a hotel budget of $150 or less per night.

Knowing where and how to look online can greatly improve the odds of finding the best hotel rates available. Follow the below tips to help you find the best hotel bargains:

1. Be Flexible With Your Travel Dates

Hotel rates vary based on the time of year, day of the week, and of course, vacancy. If your calendar permits a bit of flexibility, try looking for hotels during slower, less popular seasons. Keep in mind that weekdays, like Mondays and Tuesdays, tend to be available more often and at cheaper rates than Fridays or Saturdays.

Note: This is not a hard-and-fast rule, but it seems to be the trend with most hotels. You can also try adding an additional day to your search. Some hotels offer a ‘Buy Four, Pay for Three Nights’ deal – which extends your vacation another day for free!

2. Book by Price, Not Brand

The hotel brand no longer seems to matter to travelers — only 4% cited it as the most important factor when booking a hotel.

If you are like the 75% of respondents who said price, promotions and location are the three most important factors when booking, then you may want to consider shopping for an undercover hotel deal. While you won’t know what specific hotel you are staying in until it’s booked and paid for, you are given all other information about the hotel AND will get a lower price. This means you could upgrade to a 4 or 5 star hotel for the price of a 3 star hotel.

3. Sign Up for Travel Club Memberships

Travel clubs, such as Last Minute Travel Club, can save you a considerable amount of money, where you receive exclusive hotel rates and 65% off the original cost for members only.

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