Yes you read the title correctly, you can find a place to sleep for 30 CENTS through the site Hostel Bookers in the UK. Starting today through Friday, they are giving away 10 beds a day away for .20 GBP which equals 30 CENTS in USD. You must check the site at 7 am EST or 10 AM PST to get the deal because it is on a first come first served basis. The only real caveat is that you must arrive at your destination between May 31 to June 4, 2010 and you must use the reservation yourself, i.e., you can not book for someone else unless you are going with them.
To get a loft in NYC or a place in Miami's South Beach for this price, it is worth setting your alarm to be online when the sale starts. If you want to travel to a primo location like Barcelona, Florence, or Prague, the options include hostels in all those areas. Remember a hostel is not a five star hotel, so no room service or extras like spa services, but for less than the price of a coffee, you can get a clean place to sleep in locations around the globe. Many people pay 100's times more to stay in the same area, and they say in real estate, the three most important things to consider are location, location, location, so save on the most important thing so you can splurge on extra things like food and entertainment.