This was my first foray into Priceline. We were looking for a decent London hotel for a weekend stopover at the end of our honeymoon. I was trying to beat the price I had for a regular reservation at the Sherlock Holmes Hotel (112 pounds, excluding breakfast and tax). I've lived in London, and stayed in a lot of London hotels on business and pleasure trips, so this seemed like a good place to experiment with Priceline. First I tried to find a 5* bargain, but I wasn't willing to pay more than the equivalent of 100 pounds (after a month of travelling, we need to economize a little). I didn't succeed with a bid under this price in a gradually widening circle of zones (Soho-Mayfair, Baker St-Regent's Park, Bloomsbury, Kensington). So, I bid again for a 4* and got the Thistle Charing Cross for US$125 on my first try. Which makes me think I overbid a little, but it still seems like a decent price (especially compared to 112 pounds, and compared with the rate offered on Thistle's website - 154 pounds w/ a 7 day cancellation). Tripadvisor reviews suggest that this hotel is a good value when booked at around this price via priceline (but not at normal rates). I've stayed in Thistles before, and some are a bit run down, but we don't mind a bit of shabby for our last few nights in London. And the central location will work well for us.