Priceline Hotel: 4* San Francisco (Airport SFO) Hyatt Regency

[explore]

$60 accepted on first bid. With other bids for this property (several days ahead, and/or multiple nights) reported at $63 to $68, how much lower should I have started on my "buyer's market" bid for one night, placed the same day?

[Colfax]

Lowballing a same day bid isn't a good idea. $60 is a deal. When you've got more time to play try $50 or $55.

[thereuare]

Congratulations on your win and thank you for sharing it with the board.

Please use these PRICELINE and HOTWIRE links to begin your travel purchases.

Hope you're enjoying your stay.

[explore]

Lowballing a same day bid isn't a good idea. $60 is a deal. When you've got more time to play try $50 or $55.

I beg to differ, when 7 immediate re-bids are possible by plugging in other SF zones containing no 4-star hotels (and new combinations of these zones after logging out and in).

It seems clear that a same-day bid at this property resulted in a lower charge than the other winning bids posted on bid reporting sites. So my question remains, as to how much better a bid you can typically score on a 1-night, same-day bid when the hotel has a good number of rooms remaining. This is really a generic question, not specific to the Hyatt SFO.

[explore]

Please use these PRICELINE and HOTWIRE links to begin your travel purchases.

Hope you're enjoying your stay.

Point taken. My apologies, and thanks for all the work you do for the traveling community.

[Colfax]

I beg to differ, when 7 immediate re-bids are possible by plugging in other SF zones containing no 4-star hotels (and new combinations of these zones after logging out and in).

It seems clear that a same-day bid at this property resulted in a lower charge than the other winning bids posted on bid reporting sites. So my question remains, as to how much better a bid you can typically score on a 1-night, same-day bid when the hotel has a good number of rooms remaining. This is really a generic question, not specific to the Hyatt SFO.

My comment that lowballing a same day bid isn't a good idea was generic too, not about the Hyatt. $60 isn't dramatically lowball but it's lower than usually accepted for 4* in that zone. I hope you didn't think my comment was a criticism, and you're right you had several rebid zones for going higher than $60 if necessary.

Hyatt SFO rack rates can vary from about $89 to over $350 for the same room depending what's going on in town. I think the rack rate is a better predictor of what bid will be accepted, more than how many days ahead you're bidding. Lower bids are usually accepted when the rack rate is low, whether you're bidding the same day or a few weeks in advance. Hotwire rate quotes are another good predictor.