You can always find discounts on hotels in the Austin area including 4 & 5 star hotels. You can get up to a 80% discount off the rate the hotel charges when you walk in. Sometimes it is luck, sometimes you just need to do your research and you could land a fives star property for the price of a Super 8. You increase your chances of finding a good discount by booking early and finding an non refundable purchase rate ahead of time.