First Minute (Early Booking)
What it is: This refers to booking a holiday well in advance, usually several months ahead. For example, you book your summer holiday during the winter.
Advantages:
- Wide Selection: This is the biggest advantage for families. You have the entire catalog of destinations, hotels, and rooms to choose from. If you’re looking for a specific type of accommodation (e.g., a family room, a bungalow, a room with a sea view), this is your best chance.
- Best Prices and Discounts: Travel agencies offer attractive discounts for early bookings (often 10-30%), plus various bonuses like a free stay for a child, a price guarantee, or low deposits.
- Peace of Mind and Planning: You don’t have to stress about finding a holiday at the last minute. You have plenty of time to plan all the details, such as excursions, time off work, or packing.
- Payment Options: It’s often possible to pay only a small deposit and pay the rest later.
Disadvantages:
- Need to Plan in Advance: This approach is not suitable for spontaneous people. It requires making a firm decision long before your trip.
- Risk of Plan Changes: Anything can happen over a long period (illness, a change in work, etc.). While you can get insurance, the risk of cancellation fees exists.