DealAngel now gives buy/wait advice for hotel rooms

March 4, 2013 By 2 Comments

DealAngel, a hotel search engine and aggregator that Tnooz profiled a year ago, will now be giving buy/wait advice to travelers based on market pricing trends for hotels.

The news was announced today. The feature works for more than 200 destinations in the US, Canada, Mexico, and Europe.

dealangel

Says the company:

If prices are going up, DealAngel will warn you that prices have been rising and for how long, and will advise you to book now in order to avoid inevitably higher prices.

If, on the other hand, prices are showing a downward trend, you will see a flag suggesting you delay booking, and prompt you to enter your e­mail address so you can be alerted as soon as the price begins to rise.

For example, lets say you want to plan in advance and are looking for a room in Vegas for New
Years Eve already in March.

But we have been observing a steady downward trend for the last month in Vegas market prices for this period of stay.

So, you are better off waiting until the prices bottom out. And we will alert you by email when this happens, so you can snap up that room at the best possible price. O

Word of this update comes only a couple of weeks after DealAngel rolled out a closed beta of its API of its hotel-deal-search technology to travel businesses so that they can find and promote their offers via their own sites. The trends information will be included into its API shortly.

dealangel trends

It’s only been six weeks since metasearch site Kayak introduced a price forecast tool for its US and UK users, similar to the airfare prediction service pioneered in 2005 by Farecast. It’s curious that price prediction is suddenly a hot feature again.

DealAngel has received funding from Foresight Ventures.

Related posts:

  1. DealAngel ventures into B2B with its hotel rate API — UPDATED
  2. DealAngel wants to eradicate deal fatigue for travellers searching for hotels
  3. DealAngel, a TechStar, raises $750K from 2 Russia venture capital firms
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Sean O'Neill About Sean O'Neill

Sean O’Neill is a UK-based reporter for Tnooz.

Since university, he's been a full-time journalist for US consumer magazines and websites, and since 2007 he has covered B2C travel news full-time.

He lives in London and is travel tech columnist for BBC Travel. He used to work in New York City as the online senior editor for Arthur Frommer’s Budget Travel.

In the past, O'Neill held editor, writer, and reporter positions at Kiplinger’s Personal Finance and Foreign Policy magazines in Washington, DC. Please visit his personal site and follow him on Twitter or Google+ .

Comments

  1. John says:
    March 4, 2013 at 3:43 pm

    I’m not convinced by this idea, strikes me as the sort of thing which sounds cool to a developer but in reality will people actually go to this sort of length to save a few quid on a hotel room? Surely the only rooms that will have a significant enough price shift to be worth bothering will be 4 and 5 star leisure hotels where the market is less price sensitive?

    Sounds like a cool bit of technology anyway

    Reply

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