Reverse auction is one of the auction methods where consumers, usually in a weak bargaining position set an auction to purchase some goods or services, and producers or service providers will bid for providing the goods or services with the minimum price

Hotelbangladesh.net, the country's first and only reverse auction service provider site, which offers travelers an opportunity to bargain and arrive at the best possible price for hotels of their choice, has been launched. To use the services offered, consumers can register at the site at no cost, after which they can select the destination, class of Hotel-Tourism and the price, which they are willing to pay.

A recent promotional visit to the Travel Market, where travel professionals were introduced to our "Reverse Auction" format gave cause for even more optimism. The willingness of the great majority of these professionals to participate will provide tremendous opportunity to expand our existing geographical base. This will lead to a highly increased number of bids over a larger global area.

No matter how large or small your association you can add an Active Reverse Accommodation Auction or Active Reverse Tourism Auction to your Internet sales arsenal. You may want to choose a different theme than our successful "where do you want to go, what do you want to pay?" promotion. In fact if you keep within the allowed words, you can use just about any theme you want. And what's more we will put our creative team to work to assure that you come up with the most exciting possibility.

There are a number of options open to associations and groups. You may opt for a commission free license of our software application.