Top 5 ways to save on your summer vacation

4. Look for the best hotel rates

Bruce Smith/AP/File
In this March 2012 photo, the high rise hotels of Myrtle Beach, S.C., line the view along the shore. New Internet sites can help you get better hotel rates by posting your current reservation online.

Marc Peyser, editor of Budget Travel magazine in New York, cites two Internet sites – backbid.com and tingo.com – that can help you get a better hotel deal than the one you've already booked.

On backbid.com, travelers post their existing hotel reservation data, including the confirmation number, on the site and also e-mail the confirmation number to the website (to further verify your reservation), says a backbid.com spokeswoman. From there, hotels can search this information on backbid.com and offer a better rate or other value-added services if they wish.

Users of tingo.com book a hotel room on that site. If their room rate drops, the site automatically rebooks the reservation at the lower rate and refunds the difference to the traveler's credit card, says a tingo.com spokesman.

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