[QUOTE=xar;30192497]Yes, in fact i got an updated reservation email from the hotel which reflects the new, lower rate.
As the deduction via credit card has since been made from the original booking, the hotel has also informed me that they would refund me the balance upon the completion of my stay.[/QUOTE

Lucky you! I checked into a Sheraton yesterday, only to learn later that the rate for the room is now about $75 a night lower than the rate I am paying. I wasn’t offered the new rate or any refund, credit, or comp. Any advice?
Important Update:
A hotel representative says they will honor the lower rates. I am pleased.