My father works for a major airline company, and can therefore travel wherever his roaming heart desires for virtually free. However, unless he has a friend to stay with, there are always hotel costs - and that's where traveling can punch you in your pocketbook.
While reviewing submissions for our blog carnival (refer to the last blog), I came across this blog about Free Lodging on vacations.
His links are definitely useful, although I think you'd have to be the adventurous type to actually use their services, even if they are free. For example, his first link is to a site that can connect you with strangers all over the world who are willing to offer their couch to you (or guest room). Still, they are very interesting, so check them out.
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