okay in this video I want to show you
how to get a really great price on a
hotel using a Priceline trick so for
this example I'm going to assume that we
want to go to New York and we want to
stay in a five-star hotel on Friday
night May 12th so before we go into the
Priceline trick I'll just show you what
a hotel like that would cost if we were
to buy it on Orbitz I chose Times Square
Friday May 12th through Saturday May
13th five-star and I sorted by price low
to high so for $233 we can book a hotel
and we get to see it's name and
everything but again for this example
let's assume we don't really care if we
know the name of the hotel were
satisfied with it just being five stars
in Times Square so before we go to
Priceline the one other place to look at
is Hotwire so we type in New York May
12th through May 13th and find a hotel
and the way Hotwire works is you can buy
a hotel right away usually I mean almost
always cheaper than you can do it on
Orbitz but you don't get to see the name
of the hotel but you do get to choose
the area so let's say I choose Times
Square South and Times Square North I'm
open to the hotel being in either of
those two areas and I say it needs to
have a five-star rating so you can see
right now we can book it for a hundred
ninety-three dollars plus tax of course
on Hotwire we don't get to know the name
of it until after we book but you know
it's probably gonna be a pretty good
hotel if it's a five-star hotel in Times
Square
so this is the number we really want to
beat is 193 and in my experience with
the Priceline trick I'm about to show
you you can always beat the lowest
Hotwire price so we go to Priceline and
you don't want to enter your information
in up here because this is not the way
we want to buy the hotel we want to do
the name your own price method by
bidding now so we click on this bid Now
button
type in New York 12 to the 13th and bid
now
Priceline then pulls up a map similar to
hot wires showing the different areas
that you can bid in and you can see that
if you click on Times Square and then
you go down to the star level Times
Square has properties at all these star
levels and you know for our purposes
most importantly has a property in the
five star level one or more we don't
know how many properties but but it's
possible to bid for that what you want
to do before you start this is really
the key to the whole trick is you want
to go through these other areas and see
does Midtown East have a five star hotel
no it does not okay that's actually
helpful to us for a reason I'll describe
in a minute does Grand Central have a
five star hotel no it does not okay
that's great so you go down this list
and you figure out which of these have
five star hotels and which do not I
already went ahead and did that
so I'm going to show you here these
these ones from the list in red they do
have five star hotels so that's not good
for us
for this trick that I'll show you but
the other ones do the other ones do have
or sorry the other ones do not have five
star hotels here which is really good so
the reason this is good is because
Priceline allows you to choose an area
and a star rating
so Times Square five star and then to
come down and name your own price and so
let's say we choose something absurdly
low ten dollars you know we're never
going to get that Priceline tells us
that but if we submit this bid it's
going to get rejected surely at ten
dollars there's no way and if we want to
bid again but just change the price
Priceline won't let us do it it'll make
us wait at least two hours so let's say
our next bid would have been twenty
dollars well we'd have to wait two hours
to then submit that bid which would be
rejected then we have to wait two more
hours to
some that have been for $30 you know as
we continue to keep walking up the price
to find what is the absolute lowest
price that Priceline will actually sell
us a five-star hotel in Times Square for
the caveat and the trick here is
Priceline will allow you to submit
another bid if you add an area in and so
what we're going to do for our second
and third bid is we're going to come
back in here and we're going to say we
still want a five-star hotel we're still
open to Times Square but we're also open
to Midtown East so hey Priceline as long
as you give me a 5-star Hotel in either
of these two areas I'm fine with that
but what we've already done is we've
predetermined that Midtown East does not
have a five-star hotel so we know that
when we submit our are slightly higher
bid you know for twenty bucks if that
bid gets approved the hotel that we're
going to end up with is going to be in
Times Square then you know know our
twenty dollar bid doesn't get approved
so now we want to submit a bid for
thirty dollars we don't want to wait two
hours so we just come back in here we're
going to add another area we're going to
leave it at the five-star now we're
going to submit our bid for thirty
dollars and you know maybe it gets
approved product probably not but we
just keep walking it up knowing that
actually there are 22 areas in this list
that do not have 5-star hotels in them
so we can actually submit if we would
want we could submit up to 22 bids in
you know rapid succession without having
to wait the two hours so let me just
walk you through I mean that's really
the trick if you get that you don't even
need to watch the rest of the video
really but but I can just show you how
it works so Times Square five-star hotel
ten dollars
and I was like preview offer some terms
here but they're basically saying you
know no chance if you want to confirm
that you really want to submit for ten
dollars yes I do I click Next I deny the
trip protection I accept the terms click
continue verify my card and buy hotel so
Priceline is checking we're sorry we
can't accept a bid of ten dollars now
watch what happens if we if we don't add
a new area in here if we just come in
and say okay okay that's fine I'm fine
with twenty dollars and click continue
it's going to say select at least one
additional area or star level so it
wasn't it won't even process our request
by changing only the price however if we
add in Midtown East an area that we know
does not have a five-star hotel we can
now submit this bid for $20 submit that
let's see they're going to make me
confirm again
I do not want to purchase that and
submit
well price I'm thinking about it okay
unfortunately we can't accept your offer
of course now what they're going to try
to do is they're moving me over to this
other page where they want to just sell
me things that are more profitable for
them so I don't want to get into this
loop I want to go back to the screen
that we were working on and of course
Priceline doesn't provide any easy way
right here that I see to get back to
that screen so we have to go back to the
home page scroll down to the bid Now
button type it in again bid now
and now you know Times Square Midtown
and now we're going to add Grand Central
which again we verify does not have a
five-star hotel because we determine
that earlier choose the five-star hotel
now we'll try $30 you know etc etc so
put in the name this is the last one of
these I'll do I think you get the point
at this point thirty bucks
no yes
and by hotel so you you know if they
can't accept their offer of $30 very
understandable so we just keep going
through this process just barely moving
it up like ten bucks at a time and
what's going to happen I mean I just
about guarantee at least based on my
experience is at some point and it's
tough to know when but at some point you
are going to get a price accepted by
Priceline that's lower than this one
ninety three and I mean it you know it
might be $80 it might be a hundred and
forty dollars it might be a hundred and
seventy dollars you know I don't know
where it's going to hit that Priceline
says yeah we accept that bid but by
virtue of this trick you are going to
get the lowest rate you can the last
time I did this was in Miami and I
booked $150 a night hyatt that's what I
would have had to have paid you know
just out of pocket for I think it was 65
was either 60 or 65 dollars and you know
it did that on Priceline using this
trick so it was quite a good deal
four-star Hyatt in Miami so anyway if
you like this trick please leave a
comment below or you know if you any
questions leave a comment below and if
you wouldn't mind sharing it with others
I'd appreciate it thanks