Bangalore: It’s Christmas and New Year time and everyone’s heart is filled with excitement and fresh thoughts. What are your plans for the New Year party? Goa is one of the most preferred destinations for young travelers. If you have decided about where you want to spend your holidays, then you can keep aside all your financial worries, as here are 5 excellent ways to reduce the vacation expenses, as reported by ET Bureau.

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Pick an Apartment, Not Hotel

It’s true that when we sit to plan our holiday, we cannot ignore the expenses relating to travelling, accommodation and food. The best way to cut your accommodation cost by half is to book a holiday apartment instead of a hotel room. These apartments are not only cost efficient but also spacious. Ratedapartments.com is offering two-bedroom units, with attached baths, in north Goa for just 5,120 per night over Christmas. On MakeMyTrip, the cheapest hotel room in similar category in the area is available for 3,750 (per room). Your savings on stay: 32 percent. This doesn't include the 'mandatory gala dinner' no matter which hotel you choose. Other useful websites for zeroing in on apartments are Airbnb.com and Ego.co.in/holiday-rentals.

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