Agoda launches new ‘Price Freeze’ function
Feature allows travelers to search hotels and ‘freeze’ prices, for a marginal deposit
Agoda introduced a new ‘Price Freeze’ feature on its desktop and mobile web platforms, following a collaboration agreement with Hopper Cloud.
Key takeaways
- The price is ‘locked in’ for a period of at least one day and up to 14 days, during which time the consumer has the choice to continue with the booking;
- Throughout this period, accommodation costs may fluctuate but consumers won’t pay any more than the agreed deal and will enjoy additional savings should the price drop;
- If travelers choose not to book within the specified price freeze period, their initial deposit is forfeited.
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