Forecasting, OTA and Rack Rate

Rack rate: How does it work for hotels?

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

Rack Rate OTA Revenue Hotels

Hotel Pricing Strategy: 9 Key Factors To Drive More Bookings

STAAH

MAY 16, 2023

3) Forecasting Forecasting is the lifeblood of revenue management. Forecasting in revenue management relies on setting prices based on what you expect the demand to be. 7) Rate parity Inspire trust in your clients by having the same rate across all channels.

Revenue Management

Revenue Management Occupancy Upsell Revenue

Hotel Sales Focus

Rack rate: How does it work for hotels?

Hotel Pricing Strategy: 9 Key Factors To Drive More Bookings

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