Are Priceline prices hardening?

[pirate]

Anecdotal evidence around this board and others is begining to make me think that we are all going to swallow higher prices this summer than we have enjoyed previously.

See post below where bidding the counter was rejected! I have seen this once on another board just recently.

Post on "Other countries" here ref 5* in the far east drying up.

Many posts detailing bids of up $100 for 4* in Vancouver this summer, that always went for $60 to $70. Similar reports in many busy markets where accurate comparisons can be made that its taking anything from $10 to $30 more to secure rooms than it used to.

Any thoughts anyone? :) Pirate

[lowballer]

Yeah, the bottom was in 2002-early 2003. Everything has been inching up gradually since then. Cumulatively, some places have become quite a bit more expensive over the past couple of years.

Not every night at every hotel is going to see peak demand, though, so one would think there will always be PL inventory, unless the chains decide to lower their rates enough and sell the rooms themselves.