Did PL reduce the rebid wait time?
 

I've been able to re-bid for my Shanghai hotels the next day without making additional changes -- did Priceline get rid of the 72-hour wait?

Yes, it's now a 24-hour wait.

That is fantastic news. When did this change happen?

Wow... I had not heard about this. This is really great news and makes it easier to try to lowball the market.

Yes I made bids for montreal last night and just rebid tonight and got the Hyatt for $53. No more waiting for three days!!!

Thanks, that's great news!

Exactly. Especially in places like London where there are no free re-bids for a 4*.

Outstanding. ^

I've more had winning bids on priceline.com for hotels in some countries with less than 12-hours before check-in and even on day of stay. Is that new?

I don't think that's new. I've bought rooms mere minutes before check-in in the past (US, UK, and France; they may have extended this to other countries). In my experience, last-minute bookings do not impact price as much as one might imagine given the perishable nature of the product.

With a few free rebids and only a 24 hour wait before a new search, using Priceline just got easier.

This happened to me yesterday - I just thought it had something to do with the city I was bidding on. Excellent.

I think they lost many customers who just switched over to PL Asia (which doesn't have waiting times but only minimum-increase-levels) after been rejected on PL US.

I doubt it - that's inside baseball to most users and most are not as saavy as us FT'ers