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why do the Caesars prices change so quickly

Discussion in 'LV Strip Hotels & Casinos' started by lionelhutz, Nov 14, 2012.

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  1. lionelhutz

    lionelhutz Low-Roller

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    I checked the Caesars room rates this morning and didn't get a chance to book, so when I went back to do it this afternoon, the rates had shot up almost $200 for 3 nights :grrr:

    and now that I think about it, I think I had seen them do that before as well.

    anybody have any experience with this??
     
  2. Sam D

    Sam D Low-Roller

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    It's Not just at Caesars. All hotels do that. It's based on supply & demand or anticipated supply and demand. If the hotel gets a sudden flurry of new reservations for certain dates it will cause an upward spike in the rates. Conversely, if they get a sudden surge of cancellations, the rates would be adjusted downward. Basically they do what it takes to achieve the highest hotel occupancy rate possible.
     
  3. DJ Ran

    DJ Ran High-Roller

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    Exactlly, it's all about supply & demand. When you see a good rate, book it. You can always cancel & re-book if the price drops. :cheers:
     
  4. lionelhutz

    lionelhutz Low-Roller

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    I guess with today's technology they can do that in real time.
    my loss, I guess.
     
  5. vegasqc

    vegasqc VIP Whale

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    I have been checking the CET rate calendar daily for the past 2 months
    they seemed to change the prices around 2-3 pm eastern time daily
     
  6. lionelhutz

    lionelhutz Low-Roller

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    after 11 EST they reverted back to the original lower prices that I had seen off and on for the past couple of weeks. I jumped on it and booked my Octavius Tower stay, essentially for what the price of what the Forum Tower was going for this afternoon.
    I understand keeping up with supply and demand, but this just seems like a strange way of doing things. If they had a reason to hike the prices up this afternoon, why drop them back to this very specific lower price point tonight??
     
  7. klawrey

    klawrey High-Roller

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    Has to do with the traffic online as well. Likely more people looking during the afternoon than the early morning or late night. As someone who is loyal to Caesars and TR, I always book my rooms at the rate I think is good, knowing I can change at another time. Just recently I had book 4 nights at PHo for $105 total, 2 nights comped and 2 others at $49 a night then like 2 weeks later I logged on to browse and the same room was 3 nights comped and 1 night was $34 so I canceled the original and booked the cheaper rate. Needless to say I will continue to check up on it until we leave for our trip in January.
     
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