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TheStreet Open House

Summertime And The Savings Are Easy - Priceline.com Announces Express Deals(sm) Hotel Sale

Stocks in this article: PCLN

NORWALK, Conn., July 2, 2012 /PRNewswire/ -- The only thing hotter than the weather is the savings on Express Deals(sm), priceline.com's (Nasdaq: PCLN) new family-friendly hotel booking option for guests who need specific amenities, like a pool or certain bed type, along with that famous priceline.com discount.  Today, priceline.com announced its first-ever Express Deals sale, offering top-quality hotels at discounts of up to 50% off published prices.  This limited-time sale runs through July 16th.

Express Deals is the speedy new way to a great deal from thousands of hotels around the globe without having to bid.  Customers view a page that includes amenities (pool, gym, on-site restaurant, etc.), star level (including luxurious 4- and 5-star properties and resorts), neighborhood, guest satisfaction scores on a 1-10 scale, and a special sale price that's been discounted up to 50%.  In many cases, customers can choose their bedding type (1 king, 2 doubles, etc.).  After booking at the discounted price, the name of the specific hotel is revealed.  Express Deals is covered by priceline.com's Big Deal Guarantee. If a customer books an Express Deals hotel reservation and finds a better price any time up until the day before check-in, priceline.com will match that price and give the customer $25.*

Priceline.com customers who prefer a particular hotel, or enjoy the thrill of negotiating also can use priceline.com's two other hotel booking options: Retail Hotels and Name Your Own Price® hotels.  Priceline.com's retail hotel service features over 165,000 published-price hotels located all over the globe and backed by priceline.com's Best Price Guarantee.  This option is perfect for travelers who are joining up with business associates at a specific hotel, or have a favorite place to stay. Hotel descriptions include amenities, photos, maps, plus review and satisfaction scores from customers who have stayed at the hotel.  Thousands of hotels are on sale every day, with special rates and juicy freebies like free breakfast, and free Internet.  Many offer free cancellations and a "pay when you stay" option that allows priceline.com customers to pay for their reservations at checkout rather than at booking.  And here's how priceline.com's Best Price Guarantee works: Any customer who finds a better online price within 24 hours can contact priceline.com to receive a refund for 100% of the difference.

And Name Your Own Price®, the king of savings, offers negotiators a way to score their own hotel deals at savings up to 60% off published prices.  Tens of thousands of hotels around the world participate in priceline.com's popular Name Your Own Price® service.  Travelers pick their city, dates, star level and neighborhood.  Name Your Own Price® guarantees the amenities guests will receive with their hotel.  After a guest makes a bid, priceline.com tries to match it with a hotel room for that price.  If a room is available, it's booked immediately at the guest's desired price.  Priceline.com is the only online hotel reservation service to offer a Name Your Own Price® option for hotels.  Customers who use priceline.com's Name Your Own Price® hotel service for their reservations are also covered by priceline.com's Big Deal Guarantee.

All of priceline.com's hotel booking options are delivered over a website that was ranked as the best hotel reservations site on the Internet in terms of reliability.  Industry analyst Keynote Systems recently put major hotel reservation websites through their paces for speed, response time consistency, site availability, and more.  Priceline.com's hotel website came in first with a perfect reliability score.

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