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Show HN: HotelSaver – Save money on your existing hotel reservations

hotelsaver.io

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Re: Show HN: HotelSaver – Save money on your existing hotel reservations

#31
post #5

I think this is a great idea, and it would be a no-brainer for me to pay if you only charged when you save me money. I think customers (thinking of myself) have a huge aversion to paying money for nothing, in the event there isn't a better deal. If there's any chance I am going to pay for a service that returns no value, I am going to be hesitant. Part of the problem is I didn't see any "success rate" metric, so I do…

I recently read a discussion of evaluating unsolicited vendor proposals that are supposed to save you money, by making the vendor take on the risk. For example, say a company promises that by using their product, you'll save $500 per month, for an initial investment of $5,000. Only take them up if they're willing to front the initial cost and pay themselves back with the savings, or at the very least guarantee the sa…

I think your idea is fine for HotelSaver, but your example, $500 per month savings on $5,000 initial investment, is flawed. When you flip the script around, it's not just the vendor's confidence in your savings, but now the vendor takes on the following risks:

- Risk of nonpayment because of the client

- Risk of nonpayment because the client disputes that the saving is a result of the product

- Payment is delayed until claims can be verified

- Payment can be further delayed because of the client

Re: Show HN: HotelSaver – Save money on your existing hotel reservations

#32
post #29

Tingo.com does the same thing but doesn't have a $20 fee

We saw this before, but we're not tied to a specific data source or affiliation. We're hoping that by having a broader range of sources, we'll be able to find more savings. Also - I haven't used Tingo.com specifically in the past, but I haven't had much success in sites which say "book with us and if others book lower you can get a refund." Have you had good experiences with Tingo?

I've only used them once because I don't travel much but I got $63.68 back on my trip to Portland.
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