1. Plans not yet firm?
2. Hoping for a lower rate?
3. Protect yourself from rising hotel rates
RefundableRates.com shows refundable hotel rates near almost any location in the world, giving you the flexibility to cancel if your plans should change or you're hopping for a better deal to come along in the future.
Use when bidding on PRICELINE and HOTWIRE while still giving you the option to cancel if/when your bid is accepted.