Published on Tuesday, March 22, 2011
Expotel has launched an online auction that allows hotels and venues to offload rooms and conference packages when demand is low.
Many auctions have no reserve prices, with St Giles Hotels offering rooms in central London and Heathrow from Â£1.
Alton Towers is offering conference packages and corporate days also starting at Â£1.
Cedar Hotels is auctioning wedding packages and penthouse suites, while Hallmark Hotels is offering a selection of spa packages.
Expotel head of partner services Mark Bevan said: â€œThis site will allow properties to auction â€˜one offâ€™ deals such as a conference room, spa break or wedding package on a given date for a fixed number of people.
"It is intended to help them to sell space and facilities during periods of off-peak or lower demand, for example a honeymoon suite on a Tuesday night - and at short-notice.â€
Buyers and sellers can register at www.expotelauctions.com
By Bev Fearis
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.