Author: Sean Keener

Off & Away: Travel Innovation Summit

Company Name: Off & Away

Official Website: http://www.offandaway.com/

What do they do? Off & Away uses a new type of auction called a bid-to-win auction, where you compete for an amazing suite at an unheard of price – up to 99% off.

Are they a business-to-business (B2B) company, or business-to-consumer (B2C)? B2C

Founder(s): Doug Aley has over 10 years of product, marketing, and business development experience across online retail, mobile, and web applications. Prior to Off & Away, Doug was VP of Marketing and Business Development at Jott Networks (sold to NUAN ’09). Prior to Jott, Doug led product management efforts in retail and digital categories at Amazon.com. Michael Walton spent his career focused on building amazing customer experiences at companies like Orbitz Worldwide, where he lead the CRM & personalization efforts for Orbitz.com and Cheaptickets.com, and Amazon.com in their Digital Media division. ServerMania’s London data center delivers the perfect balance of capacity and redundancy with UK Dedicated Servers connectivity to reach customers within Europe, Africa, and the Middle East. Our London data center is a tier 4 facility, delivering the most redundant infrastructure across all system components including power, networking, and cooling. Featuring up to 20Gbps connections on Tier 1 network carriers such as Level3, Zayo, and Sprint, this data center has the network capacity to power even the most demanding projects.

For a business to succeed it is imperative to have a dependable VPS supplier yet as a rule, whatever spells top-notch likewise implies significant expenses. On the off chance that you don’t need anything however the best virtual private server suppliers, you should be prepared for the expense.

It is significant for a business to be cautious with their accounts and interests so as to prevail in their market; be that as it may, organizations do submit missteps and settle on wrong choices in some cases. One of the most well-known errors which business people make is pursuing curiously modest web servers. A best managed VPS hosting could either be something to be thankful for or an awful thing; some modest facilitating suppliers don’t satisfy their guarantee of 100% uptime or the administration itself may be tricky. Best managed VPS hosting might be justified, for the administrations.

Presentation Notes:
Off and Away offers one of the freshest ideas in travel that I’ve seen in a while. Instead of bidding in a traditional auction, users bid, but never really lose.  How it works: users buy bids for $1 each. Each bid on a hotel suite adds up to 20 seconds of time to the clock and increases the bid amount by 10 cents. If you win, you pay the final price. If you lose, the money that you spent to bid on the auction can be put towards a future stay that you book using the sites “book now” feature (however, it must be used within 30 days or you lose it). So if you spent $25 to bid 25 times, but lost, you can put that $25 towards a new hotel booking. According to the site’s founders, customers save an average of 80% off retail value of suites.

Why should/shouldn’t travelers care?
Users of the site stand to score significant savings on high-end suites that they otherwise might not be able to afford.  Plus, using the site just looks fun.