Quote:
Originally Posted by njrebel1978
Yeah, prices seem to change daily when trying to book online. I am hoping to go last week of June and initially prices were very high. However, I just checked now and Bally's has rooms for $79/night and Showboat $90/night (weekdays). These were showing triple the price just a few days ago for the SAME time period. I find the trick is to wait closer to the date before booking. I never bother with weekends during the summer...too expensive and too crowded.
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Hotels like car rental places, airlines and others all use demand pricing models. Rates to some extent are determined by how system reads "demand" within designed parameters.
Last week of June is historically a big money maker for hotels, travel, car rental, etc... due to upcoming July 4th holiday. Thus they charge higher rates at some point during that week before 4th July weekend hits.
Sort of difficult to game this system because you'd have to book something earlier, and thus stay longer which comes out to costing same as paying high rates for just a few days.
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