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Rack rate: How does it work for hotels?

Little Hotelier

What is rack rate? The rack rate is the standard, undiscounted price for a hotel room. While its rare for guests to pay this rate, its a crucial benchmark for your pricing strategy. Rack rate vs bar rate and net rate So how does a rack rate differ from bar rates or net rates?

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Hotel Pricing Strategy: 9 Key Factors To Drive More Bookings

STAAH

This expectation relies on understanding your hotel’s occupancy data, revenue, room rate and average spend per room for the last couple of months and in the same period the previous year, as well as looks at demand and events. 7) Rate parity Inspire trust in your clients by having the same rate across all channels.

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Hotel peak season: Strategies for small hotels

Little Hotelier

Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. With Little Hotelier’s direct booking engine, you can keep that cash.