baliktad Posted June 15, 2010 Report Share Posted June 15, 2010 Plenty of free rebids here for 3.5... started at $40:$40: rejected$41: accepted for Hyatt Regency Phoenixone night total: $53.86 a/iHave stayed at this property before on a PL win, and received a top floor room with a view. The hotel is a quick light rail ride from the airport, although it has a pathetically undersized pool for a desert property.With the summer heat setting in, it seems even PL rates have dropped, so this one was an easy snag at $41. Best published rate I could find for this property was $89.59 after taxes, so I'm happy to save over $35. Link to comment
yellowdog Posted June 15, 2010 Report Share Posted June 15, 2010 Thank you for sharing your result with the board!Enjoy your stay.Please use the site's HOTWIRE and PRICELINE links to start future purchases.Yellowdog. Link to comment
baliktad Posted June 20, 2010 Author Report Share Posted June 20, 2010 Single-night, on-the-dollar wins like this make it easy to reveal Priceline's cut if you know the hotel tax rate:Room Charge: $41 (as reported above)Taxes: $5.44Total remitted to Hyatt: $46.44Since PL was paid $53.86, that means PL's take on this stay was $7.42. Percentage-wise this is high, but PL has a fixed markup per stay, regardless of the number of nights. An interesting insight into Priceline's business model. Link to comment
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