Give you a coupon for $50 off your next hotel booking! This coupon is really worth more than $50, because it reduces your room rate and the taxes you pay on that room rate. I find Expedia generally has the lowest rates to begin with, so you might need to use a site like Kayak (which searches multiple sites at once) to help you find sites that has lower prices. I also discovered a blog dedicated to pointing out Expedia price differences, which does the homework for you.
And of course because Expedia has eliminated its own cancellation fees (it used to charge $35 or something like that), you could cancel the reservation that you price matched as long as you didn't book a rate that is labeled non-refundable on Expedia's website.
Travelocity has a similar best rate policy, but I've found that their "good buy" hotels often have cancellation fees.


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