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?
MEWS
JULY 16, 2024
What are rack rates in hotels? Rack rates are essentially the starting point for a hotel room’s pricing — think of it as the highest price before any discounts or special promotions kick in. Sometimes you'll hear it called the walk-in rate or retail rate.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hotel News Resource
OCTOBER 17, 2024
Article - Hotel Rack Rate: Definition and Strategies to Maximize Event and Group Bookings - By Heather Apse - Hereâs how hotels can use rack rates to boost their revenue when catering to these larger bookings.
Hotel News Resource
SEPTEMBER 19, 2024
Article - Rack Rate: An Easy-to-Understand Definition For Hoteliers - Gone are the days when prospective guests had to look above the 'Room Rack' to see the various prices for hotel rooms.
eHotelier
AUGUST 2, 2023
Revenue management can sell a 3-star hotel room for 1000 euros a night: here’s how - Insights There’s no limit to the rack rate if the demand is there. Revenue managers use data to predict market rates, not feelings.
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.
STAAH
MAY 16, 2023
Setting the right price for your hotel rooms is crucial for driving revenue and maximizing profitability. However, there are many factors that can influence your hotel’s pricing strategies. What is Hotel room pricing? What is Hotel room pricing? Hotel room pricing is a critical element of revenue management for hotels.
Expert insights. Personalized for you.
Let's personalize your content