I have also bid as low as a 2.5* rating, but when doing so my maximum bid was generally only $130. WHen I started bidding on the 4* hotels, I increased my maximum bid to $150. to clarify my "wants", my goal is the highest star rating my $150/nite budget will allow. I'm mostly looking for a clean hotel, not too far from a subway stop, size isn't as big of an issue, and I would like to stay more in the central area of NYC. If you could suggest a strategy for a 4* in the chelsea,ESB,MSG,TS,CPS,HK,MTE,& MTW areas with a maximum bid of $150. ALso, just wondering if it's better to book now or try to wait unitl closer to the travel date? do the prices generally go up or down as the departure date gets closer? thanks so much for the help!!