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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 peak season: Strategies for small hotels

Little Hotelier

Peak season in hotel industry parlance refers to the times of year that are most popular amongst guests, and are therefore the times of year that your room rates are at their highest and your property is at its fullest. For hoteliers, peak travel season is all about making hay while the sun shines.

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Hotel Night Audit Process: A Comprehensive Guide!

Hotelogix

Reconcile room status The night auditor must evaluate and analyze a particular day's occupancy report and the housekeeping room status report to determine a hotel's correct occupancy status. It also indicates booking revenue generated via walk-ins, corporates, travel agents, websites, etc. Verify no-shows of the day.

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