A list of a 200 hotels of $50-100 is simply not enough information when searching in an unknown city. I need to narrow down that list, for example with features like a kitchenette (60 hotels left), but also a location near the city center, and not 20-30 minutes away in some suburb (20 hotels left). With booking.com I can now see on a map 20 pins of hotels with their pricing. Ok, some hotels are hostels with a Shared-6 room, which is one filter you cannot actually apply unfortunately (hey booking.com, if you are reading this, this is a hint!).
..then I know the hotel names, and search on the hotel's own site or other travel sites if there are any deals (genius dicounts sometimes help). Sometimes, Booking.com is cheapest, sometimes it is not.
I'm not completely sure how biased they are in their ranking. But I've been using this site for the last few years and never had any problems. I recommended this site to a few of my friends who shared my positive experience.
Trivago does the same and maybe others, too.
I have seen their presentation on a ML-related conference and what goes into which pictures they show for you for a given room is quite advanced. E.g. whether you will prefer a photo of a pool vs a nice room, etc.