I’ve bagged some great deals naming my own price for hotels using Priceline.com. However, when traveling to a new place, I’m never quite sure whether my initial bid will insult William Shatner and be rejected. If my initial bid is rejected, things get complicated.
If your bid is rejected, Priceline requires that you change at least one parameter of your bid in order to immediately bid again. You can add a different star rating category, add a nearby area with additional hotels, increase your bid, or change the dates of travel.
So your first bid is very important. You don’t want to underbid because you will have to change a variable in your bid. You also don’t want to overbid; after all, the whole reason to use Priceline is to get the lowest rate. Thanks to the website biddingtraveler.com, there is an easy way to make an educated guess for your initial “Name Your Own Price” bid on Priceline.
Biddingtraveler.com will show you the most recently rejected and accepted Priceline bids for the class of hotel you desire in the particular area where you want to stay. Pretty handy, eh? Such data is valuable in helping to determine your bid.
Mind you, if the area that you plan to stay at is not a popular destination, no data may be available. Also, if no bidders were successful, you may only see recent rejected bids. Conversely, if all bidders were successful, you may only see recent winning bids.
Another useful resource is the web forum found at biddingfortravel.yuku.com. This might not be the prettiest or the most well-organized web site, but there is valuable information to be mined there. Users of the forum post information about their rejected and accepted bids for hotels using Priceline. The hotels category is organized by state. Simply find the state you’re traveling, and go from there.
So before you pull that trigger on your next Priceline bid, do some research at Biddingtraveler.com and Biddingfortravel.yuku.com.