Priceline Hotel: 4* Chicago (NMA-River North) Sheraton Chicago Hotel and Towers

[biafra809]

Hi,

First post on this very informative forum. I was looking for a hotel in River North - NMA, started bidding at $60 (rejected), then $65 (rejected), then $70 (accepted).

Newbie question one: Does your starting price affect the choice of hotel? In other words, is it possible that a given point in time, there are two or more 4* hotels in River North - NMA, each with different price acceptance thresholds? I would think so, but I would also be sad if I started with $100 and got the Sheraton right off the bat. Are there any strategies with respect to this possibility?

Newbie question two: What is the general strategy for increments? I used $5 because it is a nice, round figure, but maybe there are better ways.

Thanks for the information.

Also, I did use the PRICELINE link from this site.

[thereuare]

Welcome to BetterBidding!

Congratulations on your success!

Glad to hear you have found the board to be helpful and that you're happy with the results... looks like a nice deal.

What bidding increments you use has a lot to do with how time there is before the stay and the amount you're bidding (i might use smaller increments if trying for a $35 hotel vs. a $75 hotel), but generally speaking I usually use $5 bidding increments as i find it strikes a good balance between cost and time... not going up too much too quickly and giving a decent chance at success over the previously rejected bid.

As far as your other question regarding more than one hotel available in the zone, i believe this thread goes into detail n the subject: Don't Bid Higher for a Specific Hotel

Thank you for sharing your win and using the PRICELINE links on the board to begin your bidding.

Enjoy your stay.