If any of you guys are taking a chance by booking a hotel for next year this early (assuming the days for coachella are 15-17 or 22-24) make sure you read carefully the cancellation policies. Many hotels have changed their online booking policies for some of the rooms they offer. Some will charge you the entire stay as soon as you book your room (instead of charging you at check out), and on top of that you cannot cancel the room and there are no refunds. My cousin works at a travelodge in Palm Springs and he said they have been getting a lot of reservations for the days of April 14-18 2011, but people have been calling to complain because they are already being charged their stay even though they're not staying there for another year. They can't get refunded or cancel the reservation either. So they're stuck with those days. Again just read the reservation very carefully and make sure it's not a non refundable room you're booking. Or just wait 'till the dates are announced.
Choice Hotels Policy for some of their rooms
Cancellation Deadline: Choice Privileges membership required. Hotel front desk personnel will require proof of eligibility at time of check-in. This reservation cannot be cancelled, changed or refunded.
Rate Description: Save 20% Off Your Stay Must Pre-pay/No Cancels Allowed Scroll Down For Our Best Available Rate. Rate Displayed Below Includes Discount When Applicable.
Cancellation Policy: There will be no credit or refund for early departures, cancellations, no shows, or changes in your reservation for any reason. Guests will not receive any refund or credit.
Hope this helps anybody trying to book ahead of time