A hotel room for $48 a night?

A hotel room in Australia or New Zealand for $48 per night? It sounds to good to be true, but it isn't.

The only snag is you'll need to be quick.

ibis budget is slashing room rates to $48 per night for a flash sale starting this Friday (March 26).

But there is only a short 48-hour window to snap up the bargain rooms - altthough the offer is valid for stays up to 13 months from the booking date.

The offer is valid at 18 ibis budget hotels across Australia and New Zealand with locations in cities, coastal towns and regional holiday hotspots.

All ibis budget hotels offer flexible cancellations and enhanced hygiene and cleanliness standards, Accor  says.

To book visit all.accor.com. 

Participating hotels include: ibis budget Sydney East; ibis budget Sydney Airport; ibis budget St Peters; ibis budget Sydney Olympic Park; ibis budget Enfield (top); ibis budget Wentworthville; ibis budget Casula Liverpool; ibis budget Newcastle; ibis budget Coffs Harbour; ibis budget Campbelltown; ibis budget Dubbo, ibis budget Canberra; ibis budget Melbourne Airport; ibis budget Fawkner; ibis budget Dandenong; ibis budget Brisbane Airport; ibis budget Auckland Central, ibis budget Auckland Airport (above).

The deal is valid for bookings made at participating hotels in Australia and New Zealand between 12.01pm on March 26 and 11.59am on March 28.