Hotels are constantly adjusting their prices
Hotels often lower their rates (some times as often as they raise their rates) after one has made a reservation because of yield management.
Yield management is a pricing strategy used by hotels to maximize revenue per available room (RevPAR). Their goal is to sell the right room to the right customer at the right time and at the right price. This is done by analyzing historical data to predict future demand, and then adjusting prices accordingly. For example, if a hotel knows that there is a high demand for rooms on a particular weekend, they may raise their prices. Conversely, if they know that there is low demand for rooms on a particular day, they may lower their prices.
Hotels also need to consider the prices of their competitors when setting their own prices. If their prices are too high, they may lose customers to their competitors, so they may lower rates accordingly. Also, Yield management is not a perfect science, and there will always be some uncertainty about future demand and hotels may not always be able to predict it perfectly. So this is just another reason hotels are constantly adjusting prices. This means that the price of your hotel room can go up or down after you've booked your reservation. Unfortunately, hotels are not legally required to notify you of a rate drop. That’s where we come in.
Find rate drops without having to constantly be checking
When you make a new reservation across WhataHotel! or assign an existing booking made directly with a hotel to us, you automatically get the Exclusive Complimentary Perks (more on that below). But that's not all because we deploy our rate tracking systems on your booking to constantly check on it to find rate drops.
WhataHotel! has the technological superiority to automatically check hotel reservations on a daily basis for rate drops of $50 or more. Our systems monitor a reservation from the day it's created until a day prior to check-in. When our systems detect a potential drop on any reservation, specially trained staff then takes a deeper dive into the booking and if it is an apples-to-apples rate drop, we apply the savings to your reservation automatically. Sometimes, especially reservation that are booked a couple months prior to arrival, our systems will actually find more than one rate drop on a booking.
Exclusive Complimentary Perks:
Whether we find a rate drop or not, you always get an edge with a booking that we manage. Whether you book direct with a hotel and assign your reservation to us or self-book online across our site, or one of our professional agents makes the reservation for you, virtually every booking will come with these Exclusive Perks which could vary slightly by property booked:
· A Room Category Upgrade subject to availability at Check-In
· Complimentary Breakfast x 2 Daily
· A Credit of up to $100
· Free WiFi
· Late Check-Out, subj to avails upon Request
The nitty-gritty
We're after the bigger savings for guests so reservations that are at least $3000 (excluding taxes) are game. Once the lower rate is officially confirmed, we send guest's a modified confirmation from the hotel reflecting the lower price. We then charge 33% of the savings as a fee to the credit card on a guest's reservation. Overall, this is a convenient and simple way for our guest's to save money on their bookings without having to do any extra work or incur any risk whatsoever. These are the top luxury hotel brands that we routinely find significant price drops at.
| Aman Resorts | Mandarin Oriental |
| Belmond Hotels | Park Hyatt |
| Conrad Hotels & Resorts | Ritz Carlton Hotels & Resorts |
| Dorchester Collection | Rosewood Hotels & Resorts |
| Fairmont Hotel & Resorts | St Regis Hotels & Resorts |
| Four Seasons Hotels & Resorts | Waldorf Astoria |
For a full list of all the luxury hotel brands we track rate for, click here.
How to ensure that you do not overpay for a hotel room
Three ways to take advantage of this FREE service:
Complete a reservation across WhataHotel!
Have one of our professional agents complete a reservation for you.
Assign an existing booking made directly with a hotel to us. You'll also get the Exclusive Perks on a qualifying reservation.