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Whilst holidaymakers frequently look to secure a staycation during this period, it might seem logical to book over the weekend whilst enjoying a relaxing brew. Nevertheless, this approach could result in higher costs. Rather, you should hold off until the surge of weekend reservations subsides and corporate travel arrangements are finalised. This puts Tuesday as the optimal day for holiday booking, given increased availability and booking platforms seeking to fill remaining accommodation swiftly. Consequently, being adaptable proves beneficial if you can tolerate the uncertainty. Hotels generally maintain a cancellation period of 24 to 48 hours, prompting them to market any cancelled accommodations - occasionally at discounted rates, reports the Express . Whilst extremely risky and spontaneous, some excellent hotel bargains can emerge after 6pm - provided you happen to be nearby. Nevertheless, these guidelines are reversed regarding major chains such as Premier Inn and Travelodge . Travel specialist Linda Reynolds, from Personal Travel Agents, informed The Guardian that she advises travellers to reserve early for optimal deals. For instance, Travelodge promotes "rooms from £35 or less" when secured in advance; and particular travel platforms prove valuable additions to your toolkit. Google Hotels, Kayak and Trivago, for example, will alert subscribers when rates drop, ensuring you're informed about fantastic holiday bargains. When to book a holiday When it comes to choosing your actual hotel dates, Sunday through to Thursday typically offers the best value, helping you dodge those weekend price surges targeting short-break travellers. It's also worth keeping school holidays, bank holidays and local festivities in mind, as these will inevitably push costs up and are worth swerving if possible. Reynolds said: "Sunday nights in cities are usually cheaper than Friday or Saturday nights because leisure demand dips after the weekend. "In rural locations, including coastal areas, midweek (Monday to Thursday) is often cheaper than weekends, when leisure travellers arrive." If you're plotting a London getaway, think about booking accommodation outside the city centre in zones two to three. These areas offer better value, excellent transport links and still provide an authentic taste of the capital. The same principle works for other major cities including Glasgow , Manchester , Edinburgh and Bristol. Meanwhile, money coach Maddy Alexander-Grout suggests checking out Plans Change marketplace, which lets holidaymakers flog their trips at reduced rates - with discounts starting at 25% off. "In my job, I travel around the country a lot, and I regularly use the site, saving about 20% on a hotel booking direct," she said.