Little Hotelier

JANUARY 19, 2025

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?

Rack Rate 52

Rack Rate OTA Revenue Hotels 52

Hotel News Resource

OCTOBER 17, 2024

Article - Hotel Rack Rate: Definition and Strategies to Maximize Event and Group Bookings - By Heather Apse - Here’s how hotels can use rack rates to boost their revenue when catering to these larger bookings.

Rack Rate 45

Rack Rate Events Revenue Hotels 45

Social Tables

AUGUST 31, 2017

Some of the best sources of revenues for hotels are events, meetings, and conventions. hotel marketing tactics you can start using today that will impress event planners and make your hotel an easy choice for future events. Create an Event Planner Package to price out rack rates and offer a bundled price.

Hotel Marketing 79

Hotel Marketing Rack Rate Marketing Market 79

Social Tables

APRIL 22, 2019

With a proper site inspection checklist, you can thoroughly assess your event venue options to find the perfect fit for your audience and programs. A site inspection checklist is a tool event planners can use when visiting a location they’re considering for their next affair. Connect with at least three other event planners.

Events 102

Events Rack Rate Scale Sales 102

STAAH

MAY 16, 2023

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. It is one of the most important strategies for hotels.

Revenue Management 98

Revenue Management Occupancy Upsell Rack Rate 98

Little Hotelier

OCTOBER 11, 2023

hotels should consider a number of local factors, such as the climate, local holidays and events, school terms and target guests. You don’t accept reservations at specific discounted rates for multiple night stays extending into the sold out period. Learn more When is peak travel season for hotels?

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52