Going on a vacation with your entire family is fun and exhausting at the same time. Mainly because you need to make sure that everything is on point and satisfies everyone’s expectations. And so, once you do select the perfect vacation spot, the next thing you need to worry about is, a place to stay. Managing cost and choosing the best place that gives you your money’s worth, is another thing that you need to keep in mind when you have got to choose such a place of stay. You basically cannot afford to stay in a luxury hotel that serves bite sized food, when you have got 5 kids and a dog! So here is how you can make a rational choice when choosing a place of stay.

The perfect spot
Spending almost half of your savings and going on a vacation with your family, is a choice that you need to make rationally. After all there is a lot of opportunity cost, that you have to bear in such a situation. In order to make the best choice that minimizes the opportunity cost you might have to incur, you need to firstly make sure that the satisfaction or benefit you gain out of it, is greater than what you spend on. Only then would the choice be rational. And for this to occur, one of the first things you need to look into when choosing hotels in Luang Prabang is, searching for a place that has a magnificent view and has enough sightseeing to do. Basically you need to focus on the location. Choosing a place in the middle of nowhere, to simply get a place that is rather inexpensive, is basically one of the most imprudent things to do. However, going over the top and overboard, is silly as well. What you need to do is, choose a place that neither is too low nor is it situated in the middle of nowhere, this way you have something to do while you stay over, and you can also reduce transport cost you would have to incur when you decide to go sightseeing. So think of the vacay spot, and then choose a place, that is rather close to it.

The banqueting options
You cannot always afford to search for top restaurants in Luang Prabang far away from your place of stay, simply because it might be a new place and environment you are adapting to, and so, you cannot afford to take a risk especially when you are with your family. Hence it is essential that you look in to in-site banqueting options beforehand. This way you won’t have to take on an additional stress when it comes to meals and dining. Choose the perfect place for your vacation and enjoy the quality bonding time with your family!