Launch of New Travel Website That Auctions Hotel Accommodation
Released on: January 11, 2012, 7:07 pm
Author: Only Bidding
Industry:
Travel
World's first online bidding website selling hotel accommodation across the world has just been launched.
Only Bidding is a company with a new concept based on the fact that unoccupied hotel rooms are lost revenue.
Only Bidding empowers the consumer to pay a price that they are happy to pay for hotel accommodation and a price that hotel suppliers are willing to accept for that room- balancing supply and demand: a Win- Win situation for all!
For the customer, it's simply grabbing a bargain hotel stay for a price that may otherwise be out of budget. Customers can find great deals during low seasons/quiet periods and last minute as hotels will be willing to reduce the room rate. Hotel rooms are an inventory that expires each night, so hotels often will accept rates that are cheaper than other available rates.
For the hotel, the advantages of joining Only Bidding are clear- they get to fill otherwise unoccupied rooms with guests. A hotel will be paying indirect costs for the running of the hotel regardless of whether the hotel has one room occupied or a hundred. The hotel would increase occupancy and therefore increase revenue. Additionally, there is a greater chance of the hotel's restaurants, bars, spa facilities having an increase in turnover as there are more guests.
Is Only Bidding any different to Ebay or Groupon?
It is different from eBay as Only Bidding sells hotel accommodation with specified dates and not vouchers. This guarantees availability thus being advantageous over vouchers which can leave customers disappointed if they can't book their chosen dates.
Is Only Bidding any different to Priceline?
Only Bidding is different to Priceline because with Only Bidding you will know the name of the hotel that you are bidding on- so no apprehensive guessing needed! Additionally, Priceline allows a customer to name a price once every 24 hours. With Only Bidding, if the customers bid is unsuccessful then they can always place another bid.
How to get a bargain hotel room!
Step 1- Search auctions & find a hotel you want to stay at.
Step 2- Bid on the hotel auction until you're the highest bidder
Step 3- Get your suitcases packed & enjoy!
So, if you are a hotel and want to achieve full occupancy then join Only Bidding! And if you want to make bargain hotel reservations then place your bid at Only Bidding.
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