Sheraton Lisboa (Lisbon, Portugal) is celebrating 40 years with a special 40EUR rate available for a maximum 2 nights per stay. Four Deluxe category rooms (the hotel’s basic category) are set aside for each day of 2012. This rate is prepaid and nonrefundable. Use it as booked or lose your payment. The rate includes tax so comes out to US$52.66 at today’s rate of exchange for this SPG Category 4 hotel.
There are still numerous dates available throughout the year as of 7am Pacific time today.
The website limits the stay to two days. I do not see any wording prohibiting booking multiple stays, but that might not be good karma if you hog too many nights for yourself at this special discount rate.
This offer is really a great deal for SPG Platinum members who receive free internet and breakfast. The rate is a published rate that qualifies for points and benefits.
Sheraton Lisbon regular rates are 133EUR to 172EUR BAR for dates in April, and rates rise to over 400EUR for a 60 sq meter (646 sq. ft.) suite.
FlyerTalk thread on this deal has a couple of comments describing the hotel as being in good condition and the tallest building in Lisbon with easy access to metro lines. The location is not the center of the tourist area, but is described as a decent neighborhood of shops, apartments and grocery stores.
At $53 per night you can’t go wrong if Lisboa, Portugal is in your sights.