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Monday, October 19, 2026Updated 22:56 UTC

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A Refundable Hotel Booking Can Only Get Cheaper – Rebook When Prices Drop

Source: Money Crashers · Oct 19, 2026 19:15 UTC

Carved stone eagles and seal above the entrance of the Federal Reserve Bank of Dallas — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Hotel rates keep moving after you book. A prepaid, nonrefundable rate usually costs less than a refundable one, but it locks in whatever you paid, so a later drop does you no good. Hilton’s prepaid Advance Purchase rates, for example,... Source

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