Holidaymakers can save on hotel bookings by cancelling and rebooking within 24-48 hours.

Holidaymakers could save up to hundreds of pounds by rebooking hotels, according to MoneySavingExpert. Hotels often drop prices, and travellers can cancel their bookings 24-48 hours before to avoid charges, then rebook at lower rates. However, caution is advised as some booking sites offer non-refundable bookings and cancellation fees may apply.