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Jun 01, 2006 -- Find cheap hotels among today's high prices

The hotel business is in a much better position than the airline business these days. In the past few years, the airlines have generated losses exceeding all the money ever made in the industry. On the other hand, hotels collectively made a profit of $23 billion. The average room rate went over $90 for the first year in 2005, and this year it could go over $100. One reason is that hotels haven’t been adding rooms, yet demand for those rooms has gone up. That allows hotels to charge more. In addition, hotels are being upgraded and rooms are being redone. It’s another reason they can charge more. But it’s still possible to get a deal. Clark is a big fan of using specific Web sites to save money on hotels. First of all, biddingfortravel.com is a free guide to using Priceline and Hotwire. Hotwire is much easier to use than Priceline, but Clark has had good experiences on both. Now, it’s important to note that Hotwire inflates its hotel ratings by about one star, while Priceline boosts them about half a star. Clark uses Priceline to book about three-fourths of the hotels he stays in. He likes to stick with three stars as a rule because you never know what you’re going to get below that. He used it this summer to bid on a hotel in Manchester, England and he got it for about 45 pounds. That’s great! The downside is that the bookings are non-refundable, so once you book it you own it. But it’s still possible to get great hotel prices these days. A few others to try, according to Consumer Reports, are betterbidding.com and tripadvisor.com.

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What others are saying

  • Priceline -- with kids
    Warning! Priceline does not let you put the number of children to accompany adults. We just booked a hotel for NYC and our bid was for one room. We got a King Size Bed and called the hotel to see what the situation was and the options were only 1 king, 1 queen or two singles. None of which will work for us, especially since are kids are teen and preteen and opposite sex. So, we're stuck. We went with the King and ordered a roll away. Priceline was less than helpful. We use them all the time, but this may be the last. I definetly will not use them to book when I have children with me ever, ever, again.

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