Reduction in wait time to 24 hours?

[sojourn]

I must have missed the memo, but it now appears that Priceline only requires a 24 hours wait after the initial bid. Is this topic discussed on the board?

[fshwilli]

Yes I too was wondering about this as I have been bidding the last 2 days and each time it says try again in 24 hours, which I have done. Thats such an impreovement than having to wait 72 hours!

[thenewbie]

You are correct, it has changed:

If your Name Your Own Price

[ufjoe21]

wow!!!

we definitely need an announcement for this!!!!

[kayess]

Wow, is it the same for priceline.co.uk I wonder? Very good news if so.

[BBtrips]

Can anyone find out if the terms for the wait have changed for car rentals??

It used to be 7 days, when hotels were at 72 hours...

I haven't been able to find either in PL's T&C....

Thanks!!

[ufjoe21]

^ still 7 days

[powerplantop]

That is great news! Can't wait to get back to the states so I can try it out.

[MJRBIM]

I too think the new 24 HOUR lock-out is great. It will make my life so much easier....

I would suggest that there are two possible reasons for the change...

1.) A lot of DECLINED bids for rooms within 3-days of booking. People trying to use PL for last-minute bookings and failing. PL then forces that business (and those fees) to another vendor.

2.) Trying to make themselves more competetive with HotWire and some of the other Vendors from an "ease of use" POV. If you can get a Hotwire room right now for $15 over your Declined PL bid, are you more likely to wait 72 hours to try again on PL - or spend the extra $15...?