The Suitest's Hotel Room Price Predictor
Considering a visit to New York but turned off by the sky-high hotel prices? Try browsing The Suitest, a suite-focused hotel search engine whose new Price Predictor advises on the probable fluctuation of room rates in any major destination. Much like Bing’s airfare search, the tool also provides insight as to whether rates are likely to climb, decline, or sell out entirely in the next week. It’s all calculated with an algorithm that riffs off Wall Street hedge funds, which use the similar models to analyze mortgage-backed securities (topics not nearly as exciting as planning your vacation). Ignore the “Deal Grades,” or snapshots of a quote’s relative value—they seem largely arbitrary—and focus instead on our two favorite features: “fair value assessments” that compare your quote to the hotel's “usual price” and a six-month calendar showing the average rate each night in the city of your choosing.
Nikki Ekstein is an Editorial Assistant at Travel + Leisure and part of the Trip Doctor news team. Find her at on Twitter at @nikkiekstein.