This is a true story, and the booking in question was in process when I started this blog. A client wanting to book a one-night stay in Beverly Hills asked for rates. I quoted the Virtuoso rate, $429. She came back to me and said she found an online rate of $364.
Which is the better value?
$364 is an Advance Purchase rate. You have to prepay in full, and after one day the reservation becomes non-refundable. You cannot even make changes. What do you get?
- a room for the night
- a room for the night
- daily breakfast for two
- a $100 credit towards food and beverages
- a room upgrade, if available
Which rate would you book? The better value is obviously the Virtuoso rate. Clearly the lowest price you find on the internet is not always the best value.
P.S. — they booked the Virtusoso rate!
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