Priceline Hotel: Cheap chains

[kej]

When I first started reading this board, I was after the same thing as everybody else--the most stars for the least money. You know, "Ooh, I'm at the Stanhope for $110!", that kind of thing. I'd still like to pursue that approach one of these days, but right now a personal fiscal crisis is making me look far down the scale for the weekend of November 14-15, more or less towards the cheap motel chains like Econolodge, La Quinta, and Red Roof Inn. (I've actually read some pretty good things about the RRI.) However, I haven't heard about bidding strategies or target prices for these types of one and two star hotels. Generally speaking, what should I aim for in this range? And what hotels does Priceline generally deal with? I'd prefer to stay in the Upper East or Upper West Side, but it's not really that important. Spending $30-$40 for my share of a twin room is, though.

[thereuare]

I have heard good things about the 2.5* Courtyard in MTE, would you add that to your potential mix?

If i were in your shoes i'd probably try the following:

2.5* MTE bid $60, if rejected add

UWS and bid $70, if rejected add

UES and bid $80.

I assumed your prices above were based upon bid amounts and didn't include taxes and/or fees, but if i'm wrong let me know and i'll adjust somewhat.

I don't think we see much low star bidding in this area because there's not as much margin in lower priced hotel rooms, so the discounts aren't as great and they therefore don't represent the amazing values that the higher rated properties typically do (although still very good prices can be had).

Let us know how you make out if you move forward on this or have any questions.