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Popularized by the reverse auction pioneer, Priceline.com, such pricing strategy asks consumers to 'name their own price' for various products and services like air tickets, hotels, rental cars, etc. [4] The first bid a consumer places and the subsequent bid increments express the consumer's willingness or unwillingness to haggle. "The economic ...
The company was founded in 1997. It operates in more than 200 countries and territories around the world and has partnerships with over 400 airlines and 300,000 hotels. Users can search for travel deals and discounts on the website, and in the past also offered the "Name Your Own Price" feature to bid on hotel rooms and flights.
Priceline (PCLN) is adding new features to its Name Your Own Price system that allows customers to be alerted when certain pre-set criteria are reached. This will help Priceline drive usage higher ...
Booking Holdings Inc. is an American travel technology company incorporated under Delaware General Corporation Law and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda, Kayak, Cheapflights, Rentalcars.com, Momondo, and OpenTable.
Priceline.com says you can trust its Name Your Own Price bidding service to deliver the lowest price you'll get for upscale hotel rooms. And to prove that, it's putting its money where its mouth
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related to: bid your own price hotelsonline-booking.com has been visited by 10K+ users in the past month
kayak.com has been visited by 1M+ users in the past month