One Off & Away auction winner got a 2-bedroom ocean view villa at a luxury hotel in Hawaii for four nights for a total of $30.90 (a $3,156 value won on August 7, 2010). Another winner got one night in a first-class suite at the luxury Waldorf Astoria hotel in New York for just $12.50 (a $990 value won on September 22, 2010).
Unbelievable? Believe it, for these actual prices paid for suites at luxury hotels happened at the new Off & Away website.
So What's the Catch?
How the auctions of these luxury hotel suites work is pretty straightforward. First, you need to register as a new member. Registration is free. Then find an offer for a room or suite at a luxury hotel that interests you.
After you have found an auction you want to bid on, buy a package of bids. Bid packages range from $10 to $250 for 10 to 250 opportunities to bid. Then simply bid on the auction of a room or suite you like. Bids themselves are in $.10 increments. The highest bidder wins.
The catch on this type of auction is that it costs you $1 to make one bid. If you win, you add the cost of your bids to the auctioned price of the suite. For example, if you bid 45 times and win a suite that ends up selling at $32, you will pay $45 plus $32, or $77. It will still be way lower than the regular cost of the suite, regardless. Some of the suite packages at Off & Away are worth thousands of dollars.
If you lose the auction, you can't use your bids again. However, the cost of your bids can be applied towards reserving another luxury hotel suite or room. If you reserve a suite or room at the same luxury hotel you were bidding on, and you will get 110% of your bids credited toward that room. For all other hotels (any hotel, any city) you get 100% credit.
The only way you can lose, really, is if you choose not to use your "lost" bids at all. My advice: don't "play" at bidding. Bid only if you are serious about winning a certain hotel suite at one of the luxury hotels, then go for it. Be prepared to stay at your computer for awhile, because some of these auctions can run over an hour. Watch an auction or two before you bid so that you get a feel for how an auction works. More information on how winning auctions work can be found here.
About Off & Away
Off & Away was founded by former Amazon.com and travel industry executives, some of whom are Expedia veterans. Off & Away is a young site that started up in May, 2010, with a mission to help everyday travelers gain access to exceptional suites at luxury hotels. Some of the luxury hotels they have done business with include Caesar's Palace Las Vegas, the Intercontinental Chicago, the Carlyle New York, the Resort at Squaw Creek Lake Tahoe, plus luxury hotels in Mexico, Colorado, Florida, Massachusetts, California, New England, and many more.
Off & Away continues to add luxury hotels with each passing day. Go to their website to watch a live auction and see examples of the incredibly low final prices for suites in luxury hotels.
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To read more articles from Sandra Essary or learn more about her, click here
Published by Sandra Essary
Sandra is a featured travel contributor for Associated Content at Yahoo!. She has traveled extensively in the US, Europe, and the Caribbean. She has also camped for over 35 years throughout the US. Besi... View profile
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19 Comments
Post a CommentI didn't even know this type of thing existed for hotel rooms. Sweet!
Great information. Thank you for sharing.
I'll be checking this out. Interesting concept.
Fabulous!
Interesting way to book a room!
Excellent job; thanks for sharing ♥ This type of auction is becoming more popular. I had never heard of it used for hotels before; very interesting.
Great news about a room now I just need some time off. Thanks Sandra good article.
Wow - never heard of this site. Now, if the plane fare was the same deal...
Glad you explained that to me because I sure as poop didn't know any of that! Thanks!
Totally news to me! Good article on auction accommodations :)