Just how cheap is it? Here $20 can last a day or even two if you’re feeling tapped. Your dream beach vacay awaits for lunch-money prices: In Goa, comfy waterfront bungalows go for around $30, but if you forgo housekeeping and some space, basic huts can be had for $15 (often, with breakfast). If you don’t mind skewing rustic, the beach town Gokarna, a two-hour train ride away, is even more budget-friendly. Rooms go for around $5 (a little run-down but clean), and you can shop flowy pants, dresses, and trinkets for $3 a pop, assuming your haggling is on-point.

Chosen By: Emily McNutt, associate editor at The Points Guy, where she is responsible for reporting on travel news across a range of topics — from aviation to loyalty programs, general travel news and credit cards. At TPG, McNutt is not only an expert in the travel and points and miles space in the newsroom, but also puts that expertise to work by reviewing aircraft products for the site. With a lifelong passion for travel, McNutt has visited more than 40 countries.
Of course, “top-notch guest services” is subjective. You could stay at a five-star hotel where the concierge is snooty and there’s constant construction, whereas you could find a gem of a two-star hotel where you’re treated like royalty by a warm, welcoming staff. That’s why it’s so important to value guest reviews over star ratings. Guest reviews give you an indication of what it’s actually like to stay at the hotel.
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How cheap is it? Very. Its largest city -- helpfully named Panama City -- is the world's third-cheapest major city. And it is major! Panama has the fastest growing economy in Latin America, with abundant new restaurants and luxury hotels; it's pretty much the most (and arguably only) truly global/metropolitan city in the region. And still a bunk in a cheap but well-reviewed and centrally located hostel will set you back only $14 per night, while those seeking luxury accommodations can stay at the damn Waldorf Astoria for $149 per. Which is stupid cheap, all things being relative. A public bus ride in the city is just 25 cents. You can eat on the cheap for under $20/day for all three squares if you hit up cafés for breakfast, the beach fish markets for lunch, and restaurants without English menus for dinner. Beers will cost you anywhere from $1.25 to $3 a pop. All in all, you're getting huge bang for your buck -- oh also literally your buck, as US currency is interchangeable with the Panamanian balboa.
Hotwire’s “Hot Deals.” Much like Priceline, Hotwire is able to offer discounts if you’re willing to book a hotel, flight, or car without knowing the brand name. Unlike Priceline, Hotwire publishes the prices up front instead of allowing you to name your own price. So, for example, you’ll know that you’re booking a three-star hotel in the Brentwood neighborhood of Los Angeles that costs $120 per night, but you won’t know the name of the hotel until after you book.
Two of the higher-quality San Francisco options in which you can enjoy some of the best hotel features in town, are the Fairmont Heritage Place, Ghirardelli Square, at 900 N Point Street, and The St. Regis San Francisco, at 125 3rd St. Alternatively, The Wharf Inn, at 2601 Mason St, and the Layne Hotel, at 545 Jones St, are a couple of accommodations worth checking out if you are a bit more budget conscious.
Vacation rentals are becoming increasingly popular. Sites such as Airbnb, VRBO, and HomeAway permit homeowners to put their own properties up for rent whenever they won’t be using it. This is a good way to experience life as a local, because you’ll be staying in a residential area instead of one that caters to tourists. While some properties are tiny, cheap, and perfectly suitable for one person, vacation rentals are also a great way for a large group to get away together in a big house without having to pay for individual hotel rooms.
Why: Peru’s northern beaches are an excellent option for budget travel, and Trujillo is no exception. The vibrant coastal city is awash with warm-colored colonial façades dating back to its status as a colonial powerhouse, and it offers excellent cultural and adventure activities, as well as upscale restaurants that are surprisingly affordable ($10-15). Accommodations are also very inexpensive; for example, the four-star Costal del Sol Wyndham can run as low as $65. Trujillo is home to the former capital of the Chimú people, the behemoth archaeological site of Chan Chan. Its Spanish-influenced architecture and bohemianism were an inspiration for the illustrious author Cesar Vallejo, and it continues to keep traditions alive by hosting prestigious events such as the month-long Marinera Dance Festival. For some action under the sun, check out the famous beach Huanchaco, Latin America’s first designated world-surfing reserve. Watch wave chasers in their caballito de totora boats and cool off with a plate of fine ceviche at its birthplace. Trujillo flies under the radar for tourists who focus on Cusco and Machu Picchu, but with its rich heritage — in addition to year-round sunshine, delicious food, vibrant dance and beaches — you’ll have plenty to write home about.
Travel Auctions. There are two kinds of travel auction sites. One allows you to enter your preferred travel dates, destination, and class of service (such as economy or business class), and travel companies compete to offer the lowest-priced trip that meets your criteria. Flightfox is one site that operates this way: It charges a per-trip fee, and while the exact price depends on the trip itself, you can expect to shell out around $30. The other type of travel auction operates the opposite way: Companies offer flights, hotels, or packages, and users can bid on the trips. When the auction closes, the top bid wins. SkyAuction.com operates using this model. It’s free to bid – though you should be aware that additional taxes and fees are unlikely to be included in your bid price, so you will end up paying more than your bid if you win.
How cheap is it? Mexico’s huge, it’s right next door, and each of its 31 states has something to offer. You’re gonna take your best cheap shot? Aim for the mezcal and gastronomy capital: Oaxaca, in the south. In the capital, Oaxaca de Juarez, feast on the regional specialty: tlayudas, an oversized crisp tortilla heated on a grill, topped with lard, beans, veggies, salsa, and meat, (think combination of pizza and taco in the best possible way). It is to be eaten from a street vendor in the early hours after a night of drinking, and will set you back all of $4. For daytime noshing the markets are stacked with small vendors who serve sublime homemade moles that cost around $8 for a full portion including rice and soup. Lodging is cheaper than a movie ticket in the States; Hostel Don Nino alongside Parque Llano charges $14 per night, which includes Wi-Fi, a computer station, filtered water, clean showers, and breakfast. For free activities, there are plenty of colorful markets to stroll and art galleries to wander. The ruins of Monte Albán and the ancient Tule Tree cost around $20 for round-trip transportation plus entrance.
When the lure of a tropical paradise beckons, the Caribbean is second to none. Immerse yourself in the laid-back island lifestyle, and enjoy wonderful all-inclusive resorts, fantastic beaches, marvelous diving and snorkeling, challenging golf and great shopping. Whether you are looking for the perfect atmosphere for a romantic getaway or an exciting adventure for the whole family, Caribbean vacations are fun for everyone.  
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