I booked because there are a very limited number of hotels in downtown Mobile. Only 5 or 6. I definitely want to stay near wherever the festivities are so I don't have to drive after celebrating.
Like everyone suggested, it's no loss to cancel if we end up somewhere else. That's also why i booked NOLA 6 weeks ago. I don't want to be "that guy" who waits until the last minute to make plans and misses on an opportunity.