About Optibide

OPTIBIDE is a reverse auction–based booking platform that matches accommodation vacancies with demand in real time — maximizing revenue for partners while providing customers with the best possible price.

It is the world’s first reservation platform designed as a reverse auction system that benefits both customers and partners.

# Reverse-auction Pricing Proposal

When customers present their desired options, matched partners can flexibly propose prices based on their vacancy status — exclusively to those customers.

Depending on peak/off-peak seasons or vacancy situations, partners can propose prices to matched customers, with the system supporting both automatic and manual settings.

The key feature of OPTIBIDE is that reservations are only possible within 10 days before check-in.

This means partners can turn vacancies within the next 10 days into revenue instead of losses.

Additionally, since prices are only offered to matched customers, hotels can avoid the negative impact of public price drops or conflicts with other platforms.

Customers may be offered significantly discounted rates compared to other platforms for the same accommodation.

Because hotels can sell potential loss-making vacancies at discounted prices, this creates a true win-win for both customers and partners.

Unlike other platforms, OPTIBIDE does not rely on complex fees, commission rates, or paid advertising for top listings.

Instead, it fosters fair competition based solely on the prices offered by partners — delivering the best value to customers while converting partners’ potential losses into profit.