If you’d like to stay at a nice hotel without breaking the bank, a good option is to use Priceline or Hotwire. Both sites offer opportunities to book a hotel room for below market rate. However, the condition is that you will not know the name of the hotel until after you book. They do this because hotels both want to fill their available rooms and keep their high-profit margin market rates. Often Priceline and Hotwire reveal just enough information to find the hotel’s real name. A site like Better Bidding can help you in identifying those hotels.
The first step is to register for an account on the better bidding forums. The site works as a forum where you post your questions about areas and hotels in specific sub-forums. If you were interested in booking a priceline hotel in Las Vegas you would post your information in the Nevada Priceline forum. There all you have to do is give information about any mystery hotels you want identified or ask them for recommendations given where and what dates you want to travel. The helpful people at betterbidding will remind you when you didn’t give the correct or enough information since they need it to be exact for them to give accurate predictions. But since they’re actual people working for you instead of a search engine you can ask all sorts of things such as: what’s a good area or time to travel, is some rate a good deal, and so on.
The only downside to booking on Priceline or Hotwire is the smaller inventory. Not as many hotels are willing to market themselves on those sites. Some hotels already have their market rates at their absolute minimum to entice travelers. Anytime you’re looking to book an unnamed hotel you should also compare the listings with a big online travel agent, such as Hotels.com, to make sure your below-market price is actually better than what you could already get on the market.
Once you know what the hotels are and what’s a good deal you’ll be much more prepared to book a hotel. Multi-night stays will often save you hundreds of dollars over market rates by booking on sites that don’t give you the hotel name. If you can already know the name then that is much less risky and you can feel great about saving so much money when many of the other people staying at that hotel payed significantly more. Use these tricks to save you money to keep your early retirement classy and inexpensive.