Can procrastination pay? It could, according to the article in Wall Street Journal. Lot of travelers find that last minute deals are sweet deals that save lot of moola!

“Your chances of getting a deal at the last minute are certainly better than they were a year ago,” says Genevieve Shaw Brown, senior editor at Travelocity.com. “Because of the downturn in leisure travel there are fewer full planes and hotels.”

U.S. customers booking a hotel room anywhere in the world 61 days in advance of March 16 through March 30 were quoted an average price of $160. The rate dropped to an average $142 for those booking between 31 and 60 days in advance and $128 for those within 30 days of their stay, says Ms. Shaw Brown.

If you can, wait for the last minute deals. If you can’t play around with your trip, for example you plan to book flights to go to New York for an important review, then this is not for you. If you can wait and see how low the price would go, it’s worth the try.