Auction sites are a relatively new concept and one that has still not reached its full potential. Many people are still wary about the concept of bidding for a holiday. One of the most popular auction sites that is used at the moment is eBay; however, bidders should be aware that they are often buying from an individual and the motto ‘buyer beware’ could not be any more appropriate. However, if you browse through eBay you may find that a lot of the tour operators advertise their deals on eBay in a clearance type of fashion. If you do not wish to purchase through eBay, this still gives you a good idea of the types of prices that agents are prepared to let the holidays go for. Similarly, hotels often advertise any spare capacity that they have on sites such as eBay and this can be a great way to pick up a bargain.
There are also sites that are dedicated to auctioning holidays such as biddingfortravel.com, where companies offer their availability and the hotel, flight, or holiday is simply sold to the highest bidder. The real danger with this type of purchase is that it is normally allocation on arrival or limited in terms of options. Auction sites are a great place to look if you are very flexible, however, if you want a specific destination, date or other parameter, think twice! Another thing to bear in mind is that many of the auction sites will add an extra fee on to your winning price, so check out any extras that you will be expected to pay so that you do not get any nasty shocks.
Also if you are traveling in a family group, bear in mind that prices normally reflect double occupancy only and the hotel in question may not be able to accommodate children in the same room. Check these details out BEFORE you bid, as any bid you make is binding.