Special Report: Booking a bargain

A vacation to the Greek isle of Cyprus $182 back and forth.

Rob Bohn, Traveler
"I never thought I would be going to Cyprus."

They're airfares priced wrong online by companies, and it could pay off big time for you!

Mark Schonbach, Farealert.net
"These are things like $20 transatlantic flights, $50 flights to Fiji."

How's it happening? Well when prices are uploaded to a computer sometimes human error can still occur. Things like typos and decimal points in the wrong place are not uncommon.

Edgar Dworsky, Comsumerworld.org
"Consumers really can get the benefit of a mistake."

Dworsky says even though mistakes may be found airlines may not have to honor them.

Edgar Dworsky
"They may not be obligated to sell at the price if it was a mistake. Sometimes the company for good will purpose's will let you have the deal at that mistake price."

Mike Moorhead of Boston had his low fare honored. He and a handful of friends flew to Iceland for $61.

Mike Moorhead, Traveler
"My girlfriend and I said let’s get these and go!"

And they did, on a flight that normally sells for thousands.

There are a handful of Web sites like farealert.net where savvy travelers have teamed up to alert others when there's a bargain to be booked.

And that bargain isn’t just in the air.

Mark Schonbach
"We've seen all sorts of $1, $2 and $3 hotel rooms in cities like Tokyo, NY, Chicago.

Some things to keep in mind, these mistakes aren’t out there all the time, so when they do show up, be flexible.

You should be willing to try new places, and be willing to just pack your bags and go in an instant.

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