Group Vacations: Affordable Accommodations, Cost-Splitting, and Embracing Flexibility

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 14 March 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Discover tips and get answers to common questions for smooth group travel, from choosing accommodations to managing meals and costs for a successful trip. How can you find the perfect accommodations for group travel without overspending? How can you split group expenses fairly? NerdWallet’s Megan Coyle and Megan Lee discuss the ins and outs of group travel accommodations and the logistics of planning a group trip to help you understand how to orchestrate a seamless group vacation experience. They begin with a discussion of lodging options, with tips and tricks on selecting cost-effective stays, balancing the convenience of hotels against the charm of vacation rentals, and splitting costs to prevent financial surprises. Then, they discuss orchestrating meals for large parties, managing group dynamics by rewarding those who take the lead, and crafting memorable group activities that cater to everyone's interests. Interested in more travel tools? Then check out our list of the 15 Best Travel Credit Cards of March 2024. In their conversation, the Nerds discuss: group travel, travel planning, group accommodations, vacation rentals, Airbnb, Vrbo, group vacations, travel expenses, travel budgeting, group meals, shared costs, travel tips, group activities, retreat planning, travel harmony, travel expert insights, group lodging, cost savings, group getaways, stress-free travel, group retreats, group travel strategies, travel accommodations, hotel stays, city travel, group dynamics, group costs, travel flexibility, travel adventures, travel amenities, travel experiences, group dining, communal experiences, travel memories, group travel options, group travel challenges, and budget discussions. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.7	So you've got a group of friends or family and you all want to go on vacation together.
0:35.3	But where to stay? Today, we continue our series on group
0:38.9	travel by asking what are the best, most cost-effective ways to put a roof over everyone's heads?
0:45.0	It would really depend on the type of location and the type of experience that you are going
0:49.6	after. So if you're staying in a big city, it might actually make more sense to stay in a hotel room where you walk out your front door and you have access to all the urban amenities and adventures that are like right there.
1:01.1	Whereas if you're looking to get away from the crowd, you might be more interested in that Airbnb option.
1:09.7	Welcome to Nerdwallis Smart Money podcast. I'm Sean Piles.
1:13.4	And I'm Megan Coyle.
1:14.7	This episode continues our nerdy deep dive into group travel in all its glories and frustrations.
1:21.2	Megan, honestly, when I think of group vacations, I have two main questions.
1:25.7	One, where on earth is everyone going to stay? And two, what are we going to do the whole time? I suppose that second one is easier to answer if you're doing a group trip to say Paris. Yeah, it's pretty easy to find things to do in Paris. But Sean, even if you're camping in the woods or hanging in a cabin at the coast, sometimes where you
1:44.7	stay is the attraction itself. We're going to explore all the various options available to you
1:49.4	for lodging if you're with a group. From hotels to Airbnb, Verbo, and other vacation rentals,
1:54.6	if you've got questions about where exactly to park, say, 20 people for some overnights,
1:59.9	we've got answers. And hopefully without
2:02.0	spending a fortune. Absolutely. There's a lot you can do to travel on a budget with a group.
	...

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