Priceline For Business Travel
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Priceline For Business Travel

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Priceline For Business Travel Priceline For Business Travel Presentation Transcript

  • Priceline's "Name Your Own Price" &  Hotwire Walt Pennington 619 993 6157 [email_address] http://www.linkedin.com/in/wpennington
  • Why do I care?
      • Great Rates at great hotels
      • Places where I have stayed and rates
        • San Francisco
          • Intercontinental Mark Hopkins, 5* - $105 per night
        • Los Angeles
          • Hyatt Century Plaza, 4* - $115 per night
        • Washington, DC
          • Omni Shoreham, 4* - $75 per night  
          • Hotel Palomar, 4* - $75 per night
        • Chicago
          • Palmer House Hilton, 4* - $90 per night
    •  
  • Getting Started
      • Sites you need to know
    •  
        • Priceline "Name Your Own Price" - http://www.priceline.com
          • Ignore Priceline's hotels.  Click on the link for "Name Your Own Price"
    •  
        • Hotwire - http://www.hotwire.com
          •   Deep discounts; a fixed price version of "Name Your Own Price
  • Research Sites
      • Admit it, your reluctant and skeptical
        • Which hotel will I get?
        • Will I get the "priceline.com" room?
        • When buying a hotel in San Francisco, will I get Dramshop Inn in West Pittsburg or the Sir Francis Drake?
      • Two sites will list all possible hotels for a city and neighborhood
        • Better Bidding - http://betterbidding.com
        • Bidding For Travel - http://biddingfortravel.com
  • Better Bidding and  Bidding For Travel
      • What
        • List All Hotels for Priceline and Hotwire
      • Where
          • By City and Region
      • Who
        • User data of hotels received
            • Dates of stay
            • Prices paid
      • Extra
        • See the frequency of hotels to determine which hotel is most likely to appear
  • Better Bidding - Which Hotels
      • At BetterBidding.com, pick a destination city, such as San Francisco
        • Go to the Forum "Hotels - United States Priceline and Hotwire Winning Bids"
        • Go to the sub-forum "SAN FRANCISCO - Priceline" and click on the link
          • Click "Pinned:  Priceline Hotel List - California
          • Scan the list for the listings beginning with "San Francisco" 
  • Better Bidding Hotel Probability
      • San Francisco (Union Square East) http://tinyurl.com/bb-u-sq-east
        • 4 Star Hotels
          • Grand Hyatt
          • Westin St. Francis
        • 3.5 Star Hotel
          •   Sir Francis Drake
      • For Union Square East, only the hotels above will appear in the bidding results
      • Bid on 3.5* and you get, Sir Francis Drake!
  • Better Bidding - What Will I Pay?
      • San Francisco - Priceline Forum shows 
        • Recent hotels received - Likely to receive
        • Prices paid
        • Future date of stay
      • Sample Listings
        • 4* Westin St. Francis - $85 per night in May 2009
        • 4* Grand Hyatt $105 per night in April 2009
        • 3.5* Sir Francis Drake $109 in June 2009
  • Why There Are Price Differences
      • "I'm going to Las Vegas in January, why are the prices so high?"
        • Priceline and Hotwire are offering excess capacity
          • As the rooms start to fill, the hotels remove rooms from Priceline/Hotwire
          • Less likelihood of getting hotels when conventions or events are in town
            • Not always the case - I stayed in Las Vegas for $50 a night during CES
  • Bidding For Travel
      • Similar to Better Bidding
        • Hotel List San Francisco
          • http://tinyurl.com/bft-SF-USE
        • Shows recent bidding
      • Compare Better Bidding & Bidding for Travel
        • Better Bidding
          • Organized by State.  San Francisco and Sacramento are in the same forum
          • Uniform Format of results - Easy to search
        • Bidding For Travel
          • Metropolitan Cities have their own forum
          • Weak formatting - Harder to search for hotels matching criteria
  • Finding Zones - Where to Stay
      • When traveling to a San Francisco, there are "Zones"
        • Zones for Downtown San Francisco
          • 1.  Civic Center (3* is Best Hotel in the Zone)
          • 2.  Financial District - Embarcadero (4* is Best Hotel)
          • 3.  Fisherman's Wharf (3.5* is Best Hotel)
          • 4.  Marina - Lombard Street (2* is Best Hotel)
          • 5.  SOMA - Moscone Center (4* is Best Hotel)
          • 9.  Union Square East (4* is Best Hotel)
          • 10. Union Square West - Nob Hill (4* is Best Hotel)
        • Zones 6, 7 & 8 are not in downtown SF
  •  
  • Bidding At Priceline  1 of 2
      • Select dates and add a price
        • Limitations
          • 1 bid every 24 hours, per zone
    •  
      • How to safely re-bid for SF Union Square East 4* hotels
        • Find other zones with no 4* hotel
          • Civic Center (highest is 3*)
          • Fisherman's Wharf (highest is 3.5*)
          • Marina (highest is 2*)
          • South San Francisco (highest is 3*)
  • Bidding At Priceline  2 of 2
    •  
      • Re-Bid without waiting 24 hours
    •  
        • Add San Francisco Zones without 4* hotels, and raise your bid
    •  
          • Five chances to bid on SF Union Square East 4* hotels in 24 hours 
    •  
          • Search BetterBidding and BiddingForTravel.com to find recent prices paid
  • I Won!  Now What?
      • The Priceline winning page, and an email from Priceline, contain
        • Hotel Name & Address
        • Hotel's confirmation number
        • Priceline Record Number
      • Risk Shift 
        • You have paid for your room
          • No Cancellations!
          • No Refunds!
          • This is why it is inexpensive
  • Hotwire - How is it different?
      • Hotwire - Fixed Price by Zone
        • Price is competitive to Priceline
        • No Bidding
        • Same Hotels
        • Certainty
        • Availability
        • Great for car                                   car rentals
          • Hertz
          • Avis
          • Budget
  • Your First Time
      •   Your intrigued and hesitating
        • Test purchase
          • Select a trip to any city
          • Limit the purchase to one night, the first night
          • Pick the highest hotel rating available
          • Bid under $100 (except NYC)
        • Verify the experience
          • If satisfied after arriving, bid again, and buy more nights
  • When Not To Use Priceline
    •  
      • Convention
        • Need to stay at the convention hotel
      • Wedding
        • All of the wedding party is at one hotel
      • Special Events
      • Parking
        • If you are driving, some hotel parking rates are high, and it may be cheaper to stay at a different hotel
  • If you liked this presentation,  tell your friends.   If not,  ssshhhhhhhh! Walt Pennington 619 993 6157 [email_address] http://www.linkedin.com/in/wpennington