A rack rate is the standard price for a hotel room quoted before any discounts or special rates are applied. Rack rates are used as a guide for travel agents and other booking agents who then apply their own discounts and markups. For example a hotel might quote a rack rate of $200 per night but a travel agent might book the same room for $150 per night.
Rack rates can also be used as a baseline for negotiating special rates. For example if a hotel is offering a 10% discount off the rack rate you can use the rack rate to calculate the price you would expect to pay. In this case the rack rate would be $180 per night.
Rack rates are generally published on a hotel’s website and are subject to change at any time. If you’re booking a room directly with a hotel it’s always best to ask for the current rack rate so you can compare it to any special rates that might be available.
What is the rack rate for a hotel?
What is the meaning of rack rate?
What is the difference between rack rate and published rate?
How do hotels set their rack rates?
Why do hotels have rack rates?
What are the benefits of knowing the rack rate of a hotel?
Are rack rates always the same?
Do all hotels have rack rates?
What factors can affect a hotel’s rack rate?
How can rack rates vary from day to day?
Why might a hotel offer a lower rack rate during certain times of the year?
What are some of the disadvantages of rack rates?
How can guests find out a hotel’s rack rate?
Are there any exceptions to rack rates?
What tips do experts give for negotiating rack rates?
