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Travel News By CNNMoney.com

In anticipation of the New Year, CheapTickets.com, a leading online travel agency that knows "the less you pay, the better it feels(SM)," embarked on a thorough review of the past year's hotel pricing trends, identifying when and where travelers found the best bang for their 2007 buck.

Historical data in-hand, CheapTickets reveals its map to budget travel in 2008, introducing the second annual Value Travel Forecast Cheapometer(SM). These latest projections offer a month-by-month analysis of where to go and -- more importantly -- when to travel in the New Year, proving a valuable resource for value-minded destination seekers.

From the romance of Rome to the glitz of Las Vegas, CheapTickets 2008 Value Travel Forecast Cheapometer arms travelers with the information to get them there. Noteworthy report highlights include:

-- For a hot Mediterranean love affair, travelers should consider an after

holiday rendezvous to Athens, Greece, which offers 68% savings in

January compared to peak rates.

-- Hawaii on a budget? A savings of 22% can be found during a spring

fling to the islands in May compared to peak rates.

-- Lake Tahoe was a favorite in 2007, and in November travelers can hit

the slopes for a little early season skiing with a savings of 53%

compared to peak rates.

"There are no hard-fast rules in the game of travel," said Marita Hudson Thomas of the CheapTickets Cheap Squad(SM). "But the cyclical nature of our business allows us to look back for a meaningful look forward. By using the month-by-month pricing averages provided in this report, travelers can identify more budget-friendly opportunities in 2008."

The CheapTickets Cheapometer is a monthly travel pricing guide that analyzes where vacationers can find the best value for their hard-earned dollar. The second-annual Value Travel Cheapometer takes a year-long look at 2007 hotel pricing in hundreds of popular tourist destinations and uses this data to project the best month to experience the highest percentage savings (compared to peak rates) in those destinations in 2008. The report below forecasts three cities for each month where travelers can save in the New Year.

 


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