Finished a 4-night stay in Hong Kong with the Lan Kwai Fong Hotel. Price was 1/3 the hotels.com rate and virtually every other OTA --- 66% savings! Was a bit paranoid that the reservation wouldn't be honored because the rate was so much lower than everywhere else (including the hotel's website). I emailed the hotel a few days later to confirm that I did, in fact, have a reservation, and they provided me a confirmation number. I asked for a high floor through SnapTravel, but I was put into low-mid floor. . .No sense in complaining with the rate I paid.
If you have some hesitation, you can always book through SnapTravel and then email the hotel directly to confirm that you have a reservation there.