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Only Bidding Announce the Launch of "Make an Offer" for Hotel Accommodation

May 29, 2012

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London, UK (RPRN) 05/29/12 — Only Bidding launch a second way of obtaining bargain hotel nights stays with the unveiling of "Making an Offer". The consumer sets the price that they want to pay for a hotel stay by "Making an offer" receiving an instant confirmation, best of all its free.

The old adage is true- "If you don’t ask, you don’t get". And none more so than in the Hotel industry. Hotels are very accommodating- in more ways than one! We know that if you offer a hotel a reasonable price for a nights stay, they might just say YES! Using this premise, we have developed the ‘Make an Offer’ system. It’s a simple way of saving money and paying what YOU want for a hotel night stay.

So, how can you make these saving? It’s easy!
First, search for your hotel by entering destination and dates.
Secondly, choose a room type (Double, Single etc) and board type (i.e. Bed and Breakfast, All inclusive etc). 
Thirdly, Make an offer for a price that you are happy to pay. 
Your offer will be accepted (or rejected) instantly. 
Finally, get your bags packed and enjoy knowing you’ve saved loads. 

Lets use an example of a couple wanting to stay in Sharm el Sheikh. They decided to stay at the Novotel, for 4 nights, bed and breakfast between 10th-14th March. They searched for their required hotel at www.onlybidding.com and made an offer using the prices of other Travel Agents such as Ebookers/Expedia/Booking.com etc as a guide. The offer will either be accepted or rejected instantly. If the offer is rejected, you have 2 more chances within a 24-hour period to make another offer. 

Previously accepted offers range anywhere from ten pounds saving up to hundreds of pounds. For the above example, Booking.com quoted £342 whereas, when making an offer the customer only paid £147- a saving of £195.

Another example of two friends wanting to stay at Sofitel Dubai Jumeirah Beach in Dubai for 10 nights, Bed and Breakfast between 24th May to 4th June. They found a price on Expedia for £1260 including taxes and services charges but WITHOUT breakfast. They made an offer for the same room type on Only Bidding that was accepted for £990 WITH breakfast including taxes and service charges- a saving of £270.

Only Bidding has over 95,000 hotels from all around the world for customers to Make an Offer on (depending on availability). 

Background
Only Bidding is the worlds first online bidding system for hotel rooms. It gives travellers the opportunity to bag a great deal on holiday accommodation by buying hotel room night stays either at auction or by making an offer to the hotel.

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.

In conclusion, Only Bidding, now offers two ways of getting a bargain hotel stay. You can book by bidding for them at auction or making an offer for it. 

So in other words: Bid, Buy, Bye!

Only Bidding
www.onlybidding.com
info@onlybidding.com
Twitter- @OnlyBidding

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