Room auction | Last minute hotel deals

How to be prepared for a room auction

Hotel added on | December 7, 2010 | No Comments

If you love to spend time at luxury hotels without paying 200$ and more for a night you should check the possibilities of bidding for room on line, for instance on Priceline. From time to time, you can get amazing deals.

For all those, who haven’t met the Priceline before, here is some basic facts. It provides a unique ‘Name Your Own Price’ option where you can declare the rate of pay you are willing to pay for a bidding room standard. You don’t know the exact location and the hotel brand, it will be revealed after your bid is accepted. You can set up a general hotel standard however.

So the main advantage is that you can get a cheap room. But be aware, this method of bidding for hotel room introduce uncertainty and perhaps some inconvenience as well. You cannot be sure about the localization of the hotel and when you win hotel auction the reservation becomes automatically non-refundable. So you may be booked to a hotel that you don’t like or a place that lacks of devices that are crucial for your trip. What is more, the reservation date is fixed.

Most important part of this article – if you accept all the risks and disadvantages let’s talk about setting hotel price properly. You can set only one bid for 24 hours!! If your offer gets rejected you can change the destination or date, use different credit card or to wait 24 h.

It is good idea to make some research about the hotels available in the general destination area. Often it is not difficult to predict which hotel’s bid you are going to win. Yo can visit HotelDealsRevealed.com – this website helps to identify hotel by it’s inventory.

When you have a clue about your potential hotel, you should estimate the value you wish to bid on room. Be aware that your biddings offers ale limited in time so you’ll need to fit in the sufficient value. Good practice is to subtract 10 – 30% form the price that travel websites offer. You can also search more information on dedicated forums. People often share their bidding on room experience.

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