Originally Posted by
the810 (Post # 2)
Historically I always booked AP rates because I won more often than I lost. These days it's different, hotels seem to overestimate the demand and I've had too many occasions when the rates dropped shortly before the stay. I'm now booking semi-flex for most stays (unless the deal is really good) and then monitor rates for rebooking if they drop.
Originally Posted by
arlflyer (Post # 6)
For every time rates go down after booking, there is a time when they go up.
The core of this question is evaluating the ratio, whether in general, under certain economic or travel circumstances, or at a particular time of year, location, or property, of rate decreases to increases.
The ratio is seldom actually 1:1.