Nab innovative accommodations at the YOTEL New York near Times Square, where rates have been cut by up to 45% for summer stays.

As an added perk, all guests get free morning muffins and Wi-Fi.

• $129 ... Sundays, July-August
• $149 ... Sundays, June
• $159 ... Mondays-Saturdays, July-August
• $179 ... Fridays-Saturdays, June

Rather than traditional rooms, this hotel has "cabins" with iPod docks and Monsoon showers. The space is compact but every inch has been put to use -- a breakfast tray doubles as a laptop table, and a queen-sized bed converts to a couch at the touch of a button. 

Upgrade to a cabin with city views for $15 more per night. For $200 more per night, indulge in a sprawling 620-square-foot cabin with a king bed and a terrace with an outdoor hot tub.

Not available on: June 23; July 3-4, 12-14; Aug. 17-21, 25 (rooms may be available at a higher rate)