The rate accommodations quote to the public. Group rates, convention, trade show, meeting and incentive travel rates are negotiated by the hotel and program organizers.
Non discounted hotel room rate.
A hotel's officially posted (full) rate. The regular published rate which may possibly be upgraded on arrival at no additional charge, also called minimum or run of the house rate.
The official cost posted by a hotel, attraction or rental car, but usually not used by tour operators.
The cost of a hotel room before taking into account any discount.
Rack rate is the equivalent of "list price" in the pricing of perishable goods and services. In the airline industry, for example, rack rate is the price of a full fare unrestricted ticket. Rack rates are also typically the highest rates charged by the seller.
The standard full rate for a particular hotel room or suite. If you ask for a lower rate, you can often get it.
The full, undiscounted room rate (price) which is published.
Official posted rate for a hotel room, published airfares, or noncontracted car rental rates.
The standard day rate for a hotel room.
Retail price of accommodation, airfares, activities/attractions.
The published (or 'advertised') retail price of a tourism product or service.
The standard rate for a room in a hotel; also known as the walk-in rate.
The standard price of a hotel room before any discount has been taken.
The current rate charged for each accommodation as established by the property’s management.
