Remove Forecasting Remove Rack Rate Remove Travel
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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 Night Audit Process: A Comprehensive Guide!

Hotelogix

Verify room rates Comparing guest registration records with room reports is mandatory to ensure rack rates and actual rates are the same. It also indicates booking revenue generated via walk-ins, corporates, travel agents, websites, etc. Verify no-shows of the day.

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