HOTEL SAVING CARD

CHECK OUT HOW IT WORKS

HOTEL SAVINGS CARD Explainer

There are TWO PRICES for a hotel room....or any product...the retail price and the wholesale price. The wholesale price is our cost and the difference between that and the price sold by other retailers is called the markup.

A hotel savings card will allow you to reduce your hotel stay from the retail price to the wholesale price.

In other words, you will be allowed to apply as much of the card value as there is available in the markup for the hotel room.

Obviously, when a hotel room or any product sells for $50 there’s not as much markup or actual dollars profit as there is when a hotel room or other product sells for $500. What the hotel savings card will allow you to do is to reduce the markup until the product a.k.a. the hotel room is reduced to a wholesale price.

This wholesale price will be the price that you pay for the hotel room. If there is remaining money on the savings card after applying it to whatever stay is chosen, it will be banked and saved for the next time.

But unless the hotel stay you select has a MARKUP of $500 between the retail price & the wholesale price you won’t be able to use the whole $500.

Most likely, if you are staying at low end properties you will only save a few dollars a night since there’s not much mark up.

But if you book a week at a $500 a night oceanfront resort you might get to use up the whole $500 with one booking.

It’s not designed so that BookvipPlus loses money, but just that they do not make any profit off your booking. That’s what getting wholesale rates means. Or any other product for wholesale.... The company cannot afford to give it to you for free. They are giving it to you for their cost and they are taking away their markup. That is what a hotel savings card does.

Expedia, Travelocity and ALL others mark up hotel rooms wholesale & sell them at a profit. That’s how they make money. By giving someone a Hotel Savings Card you are allowing them to get hotel rooms for the COST that Expedia etc. pay. But never free.

Any unused amount from a card will always be saved and be allowed to be used on your next stay.

And the site always shows you how much you are saving for the very same property over competitors. And you can often call the hotel yourself you will see.

You truly get wholesale rates. But it’s not a gift card. It’s a discount program as stated on the incentive they are a Hotel SAVINGS card.

Hope that helps explain how they work.

Terms of Use Policy

Your BookVipPlus code provides you specific dollar amounts of savings off of the retail pricing for hotels and other travel products and services (the "Products") offered on savings.bookvipplus.com ("Website"). In order to use your savings dollars, you must activate it by entering the code provided in your welcome email. By using your savings dollars, you agree to abide by this Terms of Use policy ("Policy"). This Policy, which is also posted on the Website, may change from time to time. You also agree to abide by the posted terms and conditions for each Product offered on the Website ("Product Terms"). Product Terms may also appear on your purchase confirmations. Product Terms vary and are subject to change by Product providers.

HOW IT WORKS:

Follow the directions on your card or welcome email to activate your savings code. The face value of your code will be deposited into your account ("Savings Bank").

The dollar amount of savings off retail pricing is displayed on the Website with each Product offered ("Savings"). Savings are subject to change without notice. Only the Savings posted at the time a reservation is booked and paid for will be honored.

When making a reservation on the Website, you will see the retail price reduced by the Savings. You will pay the reduced price displayed to complete your reservation.

After you book and pay for your reservation, the dollar amount of the savings will be deducted from your Savings Bank. The dollars remaining in your Savings Bank can be used for other reservations until your Savings Bank balance is zero.

Once a reservation is booked and paid for, it cannot be changed or modified, but, it may be canceled if permitted under the Product Terms. Canceled reservations may incur a cancellation fee. Any Savings used for the canceled reservation cannot be re-deposited into your Savings Bank.

You can continue to use your Savings Bank to reduce the retail cost of reservations until your Savings Bank has been used leaving a zero balance or the expiration of your code(s) amount, whichever occurs first.

For Customer Service regarding savings dollars or booked reservations, please log in to the Website and click on "View Reservations" located in the "My Account" section, or use the form on the "Contact Us" page.

GENERAL TERMS:

Customers must be 18 years of age or older to register a code and use the Website.

You are responsible to pay for any costs not included in the Product price such as government taxes and fees imposed by providers. You are also responsible for any expenses you incur while using the Products you purchased on the Website and for purchases made outside the Website, including but not limited to transportation, meals, gratuities, telephone calls, room service, and incidentals.

Savings codes have no value except when used in accordance with this Policy. Savings codes are not gift certificates, nor credit nor debit cards, or prepaid vacation vouchers.

Savings codes have no cash surrender value, credit value or other implied value.

Savings codes will not be replaced if lost, stolen, damaged or expired.

You can give your savings code to friends or family prior to activation, but once activated, only the person on the account can use the savings

Any suspected or actual abuse of the Policy or Product Terms may result in immediate deactivation of Customer's savings passport(s) and savings bank without warning or notice, cancellation of any purchased Products, chargeback to Customers for fees and charges incurred by BookVipPlus or its suppliers due to Customer's abuse.

You who make use of the savings codes and the Products agree to indemnify and hold harmless BookVipPlus, its owners, affiliates, agents, contractors, assignees and designees, from any and all claims, liability and responsibility for damages, expenses, inconvenience, dissatisfaction, injury, accident, death or damage to any persons or property whatsoever, arising from or related to the use of the savings codes or Products. BookVipPlus makes no warranty of any kind with respect to the Products offered by the provider. BookVipPlus shall not be liable or responsible for delays or cancellations due to weather or mechanical breakdowns, war, acts of God or any other matters beyond its reasonable control. BookVipPlus assumes no responsibility for any verbal or written representation about savings codes by any distributor, or a third party other than what is expressly written in the Policy and Product Terms. If any conflict arises between this Policy and the Policy posted on the Website, the Website shall take precedence.

Offer not valid where prohibited or restricted.

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