Deutsch: Listenpreis / Español: Tarifa Base / Português: Tarifa de Balcão / Français: Tarif de Base / Italiano: Tariffa Pieno /
Rack Rate is the full, undiscounted published Room Rate charged for each Accommodation as established by the property's management.Other definition:
Rack Rate is the standard price of a hotel room before any discount has been taken, usually artificially high. Rooms rarely sell for the rack rate unless the property is virtually full or a special event is taking place
Official posted rate for a hotel room, published airfares, or noncontracted car rental rates.
Other definition:
Rack Rate is the official tariff as established and posted by a business; however, not usually used by tour operators.
Other definition:
Rack Rate is the that hilarious price on the back of a hotel room door that you can"t imagine anyone paying. Someone just might, however, if every room in town is booked.
Other definition:
Rack rate is the published (brochure) rate for a travel component.
Other definition:
Rack Rate is 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.
Other definition:
Rack Rate is the official cost posted by a hotel, attraction or rental car, but not used by tour operators.
Summary
In the travel industry, the term "rack rate" refers to the standard rate for a hotel room or other accommodation. This is the price that a guest would typically pay if they were to walk in off the street without any discounts or special promotions. The rack rate is often used as a starting point for negotiations when booking rooms for large groups or events.
--
Related Articles to the term 'Rack Rate' | |
'Super 8' | ■■■■■■■ |
Super 8 is a budget motel chain operating in the United States, Canada, and China, known for providing . . . Read More | |
'Expedia' | ■■■■■■■ |
In the travel context, Expedia is a prominent online travel agency (OTA) known for providing a comprehensive . . . Read More | |
'Interdependence' at top500.de | ■■■■■■■ |
Interdependence in the industrial and industry context refers to a situation where different departments, . . . Read More | |
'Room rates' | ■■■■■■ |
Room rates are the various rates used by Lodging properties to price rooms. These include: Day Rate (usually . . . Read More | |
'Expenses' | ■■■■■■ |
Expenses are the for the purposes of a travel, expenses are costs incurred by a Traveler on university . . . Read More | |
'Range' | ■■■■■■ |
Range is the Maximum distance an aircraft can fly without needing to refuel. . . . Read More | |
'Double' | ■■■■■■ |
Double is a drink prepared with twice the standard measure of alcohol in one glass. . . . Read More | |
'Settlement' | ■■■■■■ |
Settlement is a term used in the travel industry to refer to the process of reconciling and finalizing . . . Read More | |
'Accommodation infrastructure' | ■■■■■■ |
Accommodation infrastructure in the travel context refers to the system of facilities and services that . . . Read More | |
'Budget hotel' | ■■■■■■ |
Budget hotel: A budget hotel is a type of accommodation that offers essential services at a lower price . . . Read More |