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I have been searching for friends on Hotwire and put in a "watch" for NYC for their dates. About 2-3 days before their check-in, some great (for NYC) prices started showing up. Make some back-up reservations that you can cancel with no penalty and put on a "watch". You have to move fast when you get the email update, some of the properties have been available for a very short time, like a couple of hours or less. I believe putting on the "watch" is the best way to find the best price on Hotwire.