How to Save Money on Priceline and Hotwire Hotels
Bidding on Priceline is very rewarding. You can get between 50 and 75% discounts on hotel prices by using the site; however, these discounts come at a certain risk. You won’t get to pick the precise hotel of your choice, and if you make an error you’ll have already entered into an agreement. Nevertheless, if you can do it right you can save a chunk of change with Priceline.
The same thing goes for Hotwire, except this site lets you know the hotel you are actually planning to book from the start. Still, you have to be very negotiating the site to land the best deals. To help you navigate these two sites, here are guidelines on how to save money on Priceline and Hotwire hotels.
• Priceline searches the system for a hotel that accepts the customer’s bid. If there is one, Priceline books that hotel room for the customer.
For off-peak seasons, these hotels start feeding Priceline and Hotwire with appreciable discounts to draw potential customers from other hotels. These hotels will offer additional discounts on the last few days, especially if they have not yet sold their discounted hotel rooms.
Both Hotwire and Priceline earn their income on booking fees and overbid amounts. This affects your hotel room bid timing. It is possible to place your bid 11 months before your planned stay; however, it is unlikely that you’ll get a very good deal compared to placing your bid a few days before your preferred date. How do you know how early and how much you should bid on Priceline and Hotwire for hotel rooms? That’s the reason you need to do your homework: research!
Check current room rates from other travel sites such as Orbitz.com, Kayak.com, or Expedia. After doing so, you can go to Priceline and try placing your bid at 50% off the rates found on other travel sites. If you have a specific hotel in mind that you know is being offered on Hotwire, you can start your research by using the hotel address. If your preferred hotel is available at Hotwire, it will definitely appear on your list. However, if you want to book more than just a one-off hotel or really want to get the hotel room at a very low price, you have to perform some heavy research. There are some great sites devoted to landing the best deals on Hotwire, like biddingfortravel.com and betterbidding.com. On these forums you will find some detailed hotel prices on Hotwire. You may also use these sites for Priceline; however, since the hotel inventory, zone structure, and pricing on Priceline can fluctuate widely, you may use the forums for major cities with recent bids.
For Priceline, the earlier you place your bid, the higher your chances of getting in the low ball bids. You may start bidding as soon as you think your travel plans are final. You can place your bid up to 11 months before your planned trip, but you may land better deals one to four weeks before your planned stay since hotels often hold back their discounted rooms until very close to the arrival date
Now that you know everything from how the hotels get into Priceline and Hotwire to how they make their money, you probably have a clear and bright idea how you can save money on Priceline and Hotwire hotels. Happy booking!
How to Save Money on Priceline and Hotwire Hotels.