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The Priceline Primer
by George Woods



no one deals like we do!

 

What is Priceline?

Priceline is an online booking service for hotels, car rentals, and airline tickets. What makes them unique is that you name your own price, as Priceline's advertising says. You make a bid using their secure online form and generally find out right away if your bid is accepted or not. Sometimes when they're really busy, there's a wait of no more than fifteen minutes and you'll get an email saying you got it or not.

Can you really save up to 50%? I can tell you from personal experience that you can, in fact, save MUCH more than that if you use the "rack" rate listed by the hotel for comparison! That's usually the rate you'll be quoted if you just call the hotel or reservations line and say "I need a room. How much?"

In terms of real dollars and cents, my average winning bid over the last couple of years has been between $40 and $45 a night for 2 1/2 to 3-star properties where the going rate is between $109 and $169 a night. I have had to go up as high as $60-75 a couple of times, and it really burns my butt when that happens!
 

How It Works

While it really is very simple, there are are a few things you need to know to do it right if you're a total beginner.

1. You will use a credit card to pay for your room. Let's say you've made your bid. You click on the "Buy My Room" button and a few seconds later, you see the screen that says your offer has been accepted.  Your credit card will be charged immediately for the room. The total, which is always displayed before you hit the "Buy My Room" button, includes specified taxes and fees, which include Priceline's fee of about $5.95 in most cases. Considering the savings you can get, this is most reasonable.

If you cancel your trip or have to change your dates, you will forfeit the entire amount you pre-paid as Priceline will not refund your money. If you're sure of your dates, no problem. Otherwise, Priceline is not the way to go. To me, this is the only downside to using Priceline. After using it since 1998 and planning my trips carefully, I have forfeited only one reservation when I decided not to go to Chicago on a  weekend trip one winter when the weather was below-zero cold for the entire time I would have been there. 

Personal story: I was supposed to fly from St. Louis to Omaha one other winter weekend and had made hotel and car reservations through Priceline. Bad weather shut down Lambert airport in  St. Louis and no flights were taking off for at least 12 hours. Snow closed the Interstate in western Missouri so that driving would have taken even longer than that to get there one-way. I called Priceline and explained that my trip was impossible due to circumstances beyond my control. After waiting on hold for the agent I spoke with to confirm what I was saying, Priceline gave me a 100% refund on my credit card charges.
 

2. You won't know where you're staying unless and until your bid is accepted. However, in the process of making your bid, you get to select "star" levels, ranging from one to five, and a detailed listing of types of hotel is provided for each level.

Personal note: unless you really don't mind roughing it at the one-star quality level of a Super 8 or Econolodge, I advise you to select not lower than a 2 1/2 star level. I've stayed at a lot of 2 1/2 stars, and most have been excellent quality with free breakfast and free Internet. After I stayed in a couple of terrible Ramada Inns by including the two-star level, I've made it a practice to never go below 2 1/2 and it has served me very well.

 

3. When you are making your bid, you'll usually have a choice of "zones," or areas in and around the city you're going to. Maps are provided with close-up zooms available so that you can specify which areas meet your needs. Choosing zones can be important when you're driving to a destination. I once chose the downtown zone for Philadelphia and got a great rate for a Courtyard by Marriott---BUT I then had to pony up $24 a day for garage parking as there were no lots and no on-street parking available!

4. If your offer is rejected, there are several things you can do to re-bid. I've provided links below to explain this in some detail. You cannot just bid higher. You have to change your zone, star level, etc, but there are several options, so once you see how it's done, it's no big deal. There is also a way to re-bid at a higher price in the same zone. You'll need to read through the explanation but once you understand it, you can use it to great effect. (See links below)
 

The Really Good Stuff

Wouldn't it be great if you could find out how much other people have been offering for rooms and what Priceline has accepted for the location you're going to?

There are two websites where you can find winning bids and specifically which hotels were selected! All you have to do is look to see what the range of winning bids is before you go to Priceline to make your bid and you'll never have to worry that you're bidding way more than you need to!

The websites are:

BiddingForTravel.com
BetterBidding.com

Once you become adept at using Priceline, you can become the master of the re-bid to get a reservation in the specific zone you want with a little skillful dancing, so to speak. The full explanation of this in both simple terms and more complex examples is available on this page on BiddingForTravel.com:

Priceline Permutations
 

Rental Cars and Airline Tickets

Airlines: Although I'm considered an expert at using Priceline, I have never used the service for airline tickets. The restrictions and nuances of the process--as well as winning bid prices--are such that it's far more convenient to just buy directly from the airlines' websites, especially if you run the risk of having to make last-minute changes. I do not recommend Priceline for airline tickets.

Rental Cars: On the other hand, I enthusiastically recommend Priceline for rental cars. I have done a lot of research on the costs of all types of rental cars, looking at the car agencies' websites and various discount websites. Priceline's setup beats them all. I rented a mid-sized car for three days once in Albany, NY, using Priceline for a total of about $52. When I returned it, the guy who checked it in handed me the wrong receipt. It was for the guy who rented the same car before me. He paid just over $200! I've paid as low as $15-19 a day for full-size cars with Priceline.

Note: there are times, of course, when multiple meetings/conventions in a particular location drive up rental car prices and availability. In those cases, I've still found Priceline to be the best bet to save a few bucks off the full price charged by the agencies. As far as I can see, Priceline uses Hertz, Avis, National, Budget, and Alamo.
 

FREE How-to and Step-by-Step Info

If you're a novice at using Priceline, visit the following websites first and then go to BiddingForTravel and BetterBidding.

These websites offer detailed explanations of Priceline procedures and rules and how to do it right:


 

AllEars.net              Using Priceline
KOMO-TV                How to Beat Priceline
BidOnTravel.com    Priceline Bidding Tips & Strategies
About.com              Priceline Bidding Strategies: Intelligent Bidding

Last, But Most Important...

As you know, there are no subscription charges or fees for Radio George listeners to enjoy their favorite music here anytime. Our advertisers cover the costs. Some are affiliate advertisers, which means that you will directly help Radio George by clicking on an advertiser's ad to go to their website and buy a product or service. Every time you make a car, plane, or hotel reservation online, you'd be doing us a huge favor by simply coming to this page and clicking on a link here to start the process.

THANK YOU.

    Priceline

pricleine.com

no one deals like we do.

Flights save up to $100

Rental Cars save up to 25%
Hotels save up to $100

Vaction Packages save up to $200
 

  Priceline COPYRIGHT 2009 RADIO GEORGEtm LLC