Page 44 - FUNDAMENTAL OF HOSPITALITY INDUSTRY

Fundamentals of Hospitality Industry

ALL ABOUT ROOM RATES

The various rates charged for hotel rooms
RACK RATE

The highest room rate charged by a hotel,
such as a walk-in who requests a room for the
night.
It is the hotel’s normal room rate, which
means a standard rate for the room, with no
meals, discounts, or reduction.

AIRLINE RATE

Room rate established between hotel and
specific airlines for their crew members.
A special negotiated rate for airline crews.
Applicable for airline staff ONLY.

CORPORATE RATE

Room rates offered to business people staying
in the hotel.
This category can be further broken down into
business people who are frequent guests (a
specified number of visits per week or per
month) and r guests who are employees of a
corporation that has contracted for a rate that
reflects all business from that corporation.

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