LAX Posted December 5, 2007 Report Posted December 5, 2007 First bid @ $85 with offer to raise $22 and resubmit. With both limited time and limited rebid zones, I went ahead and bid $107 and won the Crown Plaza. The nearest price comparison was on Hotwire at $119.Your Offer Price Per Room, Per Night: US$107.00 Subtotal: US$107.00 Taxes & Service Fees: US$22.14 Total Charges: US$129.14
thereuare Posted December 6, 2007 Report Posted December 6, 2007 Congratulations on your win!Glad to see it went 'quick and easy' for you.Enjoy your stay. Please use this HOTWIRE and these PRICELINE LINKS: HOTELS, CAR RENTALS, and AIRFARE to begin your travel purchases
LHFlyer Posted December 6, 2007 Report Posted December 6, 2007 Hotwire includes tax, so it would have been $3 cheaper.
LAX Posted December 8, 2007 Author Report Posted December 8, 2007 I am at the hotel now, and noticed that the TV shows a credit (payment from Priceline) of EUR 72, which converts to USD 106. It would appear that Priceline essentially sold the hotel for $1 profit. I'm not sure how the $22 offer to raise my $85 bid without changing any parameters is triggered, but am a bit surprised that PL wouldn't have initially tried to make more profit than this. With counter-offers I've been able to win for slightly less than their suggestion, but in this case I'm not sure if they would have suggested a higher rate if, for say, my bid was initially $100. Would they have tried to ask for $6 or possible more, since mentally it would have made me feel as if the margin to a win would have been marginally higher than the initial bid.
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