Priceline Hotel: 3* Chicago (Loop) Club Quarters Loop

[gradstudentclimber]

Please recommend a bidding strategy for the following parameters:

Location Ultimate Goal: In or near Palmer House Hilton

Location 1st Preference: The Loop

Location 2nd Preference: River North

Star Level: No preference

Dates: April 7-April 10

Price: $75 or less

Thank you very much.

[thereuare]

Welcome to BetterBidding!

What is more important... price or zone? (ie- would you prefer to pay more for a hotel in the Loop vs. less for a hotel in the River North zone)

[gradstudentclimber]

Thanks, glad to be here. Your site is quite helpful.

Based on the Priceline map there doesn't appear to be _that_ much difference in location between The Loop and River North. But appearances are probably deceiving.

I suppose location is more important. I wouldn't want to find a cheap hotel and then eat up the savings in transportation costs to Palmer House.

I really don't want to pay more than $75 a night, though. Any strategy that would get me there would be much appreciated.

[thereuare]

We'll start with the Loop since that is the zone where the Palmer House is located.

At the 3* level you have 2 re-bid zones available. If you're not familiar with re-bidding please read PRICELINE RE-BIDDING and ask any questions you have and/or confirm your re-bid zones with the board.

Select 3* and the Loop...

Bid $40, if rejected add re-bid zone1...

Bid $45, if rejected reaccess priceline however you did previously...

Select 3* Loop and re-bid zone2...

Bid $50, if rejected add re-bid zone1...

Bid $55, if rejected reaccess priceline however you did previously.

Select 3* and the River North...

Bid $40, if rejected add re-bid zone1...

Bid $45, if rejected reaccess priceline however you did previously...

Select 3* River North and re-bid zone2...

Bid $50, if rejected add re-bid zone1...

Bid $55, if rejected reaccess priceline however you did previously.

Select 3* and Loop and River North...

Bid $60, if rejected add re-bid zone1...

Bid $65, if rejected reaccess priceline however you did previously...

Select 3* and Loop and River North and re-bid zone2...

Bid $70, if rejected add re-bid zone1...

Bid $75.

If the above fails report back and we'll suggest a 2.5* strategy.

Any questions feel free to ask.

Good Luck and let us know how it goes.

[gradstudentclimber]

Thank you, thank you. The final $75 bid was accepted after following your procedure exactly.

I got the 3* Club Quarters (a good brand, stayed with them before) in The Loop, just 3 1/2 blocks from my conference hotel. The conference room rate at the Palmer House was $169. So I saved $282.

[gradstudentclimber]

One more thing: After the $70 bid and before the $75 bid, I got a screen I'd never seen before that said I could re-bid immediately without changing anything except adding $22 to my bid. Hope that bit helps someone somehow.

[thereuare]

Congratulations on your win... glad we helped you save some money!

That offer by priceline to allow you to bid again is what we refer to as a counteroffer and is explained in more detail here: PRICELINE SUGGESTS PRICE TO PAY.

Enjoy your stay.