Room Rates Flashcards
- Price of the room
- Charged per night
- Approved by sales and marketing and given to front office as reference
Room Rates
- Is the standard rate or published tariff
- This is generally printed on the tariff sheet
-Used for government compliances
In the other word’s these rates are always without any sorts of discount
Rack Rates
are rates offered to companies that provide frequent business for the hotel or its chain
Corporate Rate
These are normally non-standard rates which is offered as special one-time rates for first-time corporate
ADHOC Rate Code
These are rates which is offered to groups, meetings and conventions using the hotel for their functions
Group Rate
How many rooms to considered a Group Rate
10 or more room
These rate are generally offered during low occupancy periods to any guest to promote occupancy
Promotional Rates
The rate offered to individuals who belong to an association or holders of special membership cards or credit cards
Incentive Rate Code
A rate reserved for families with children
Family Rate
This type of rates are only open X days before arrival
Early Bird Rate
These rate codes are the lowest discounted rate available for a day which can be offered to the guest by the Reservation or Front desk staff
Best Available Rate (BAR)
Rates that includes a guest room in combination with other available events or activities
Package Rate
2 Types of Bar
Dynamic Bar and Daily Bar
Has different tier and each tiers will be opened and closed according to the occupancy of the hotel
Dynamic Bar
has a pre-defined daily room rate regardless of room categories (run-of-the-house) and occupancy
Daily Bar
