Tips From Priceline Pros
Here's how to get a good deal on a four-star hotel.
With the Fourth of July approaching, you might be thinking about a weekend getaway -- if it can fit into your budget, that is. My husband, kids and I are big fans of short trips to nearby cities. Luckily, we live in an area where several large cities worth visiting are about a 4-hour drive away (which eliminates the need for pricey airline tickets). And we keep hotel costs under control by using Priceline.
I know what you're thinking: Isn't it risky to use Priceline because you don't know what hotel you're getting until your credit card is charged and the deal is done?
Not really. You just have to know how to work the system. My husband frequently uses Priceline and always manages to score at least 35% to 40% off nice hotels in good parts of major cities. Kiplinger Editorial Director Kevin McCormally also is an avid Priceline user, especially when booking rental cars. He recently scored a full-size rental car for a week in Palm Beach, Fla., for $243 through Priceline, which said the lowest published rate on that vehicle was $590.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
To be clear, they use Priceline's "Name Your Own Deal" service when booking at least three-star, but primarily four-star accommodations. If you opt for a lower rating, the price might be right but the hotel could be a dump. When naming your own price at Priceline, you can select an area of town where you want to stay and pick a star level. You do not get a list of hotels from which to choose -- you get the hotel that accepts your bid.
Here are their strategies:
Do some research first
-- Visit Yahoo! Travel to identify desirable neighborhoods in big cities.
-- Check the Web sites of hotels in those neighborhoods to see what the going rates are (don't rely solely on prices published at travel sites, such as Hotels.com or Expedia).
-- Learn about winning Priceline bids for hotels in the city you plan to visit at BiddingForTravel.com, a message board that also has answers to frequently asked questions about Priceline.
Ensure a winning bid
-- Use the "Name Your Own Price" tool at Priceline.com, not the site's general hotel search.
-- Determine which areas have four-star hotels -- and those that do not. Click on one area at a time and scroll down to step 2 to see whether four-star hotels are available there.
-- Select only ONE area that has a four-star rating and enter the lowest bid you think might be accepted (the minimum for four star is $40). If your bid is rejected, you'll be allowed to bid again as long as you change at least one of your search criteria.
-- Increase your bid slightly and add an area where you know there are no four-star hotels. You can continue doing this until you run out of areas to select.
The drawback to using Priceline is that it only guarantees a room with double occupancy, so you'll likely get a king-sized bed. If you're traveling with children, you might have to pay extra once you get to your hotel to get a room with two double beds.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Award-winning journalist, speaker, family finance expert, and author of Mom and Dad, We Need to Talk.
Cameron Huddleston wrote the daily "Kip Tips" column for Kiplinger.com. She joined Kiplinger in 2001 after graduating from American University with an MA in economic journalism.
-
Stock Market Today: Stocks End Higher in Whipsaw Session
The main indexes were volatile Thursday with Nvidia earnings in focus.
By Karee Venema Published
-
Trump Picks Dr. Oz as Head of Medicare and Medicaid
President-elect Donald Trump picked Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services. Here's what to know about the former TV host.
By Kathryn Pomroy Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
By Vaishali Varu Last updated
-
Best Places to Visit Where the Dollar Is Strong
From the Americas and Europe to Africa and Asia, we list the 10 best places to travel to where the U.S. dollar is the strongest.
By Quincy Williamson Last updated
-
24 Best Travel Websites and Apps to Find Deals and Save You Money
Travel Use Kiplinger's guide to the best travel websites and find discounts and deals so you can vacation without breaking the bank.
By Rivan V. Stinson Last updated
-
Five Ways to Save on Vacation Rental Properties
Travel Use these strategies to pay less for an apartment, condo or house when you travel.
By Cameron Huddleston Last updated
-
How to Avoid Annoying Hotel Fees: Per Person, Parking and More
Travel Here's how to avoid extra charges and make sure you don't get stuck paying for amenities that you don't use.
By Cameron Huddleston Last updated
-
Frequent Flyer Tax Could Raise Billions for Climate
Could taxing frequent flyers help combat global pollution? Some climate scientists say yes.
By Kelley R. Taylor Published
-
How to Make The Most of a Travel Insurance Claim
More travelers are buying insurance. If your trip is canceled, take these steps to increase your chances of recovery.
By Susan J. Wells Last updated
-
Despite Cancelled Flights and Short-Staffed Hotels, Americans Are (Sort of) Traveling Again
Business Travel Thanks to high gas prices, cancelled flights and labor shortages across the sector, the post-COVID travel recovery looks uneven.
By Sean Lengell Published