What Is The Definition Of A Room Rate

The operating performance of a hotel or other lodging business can be determined by using the adr.

What is the definition of a room rate. Room and board definition is lodging and food usually furnished for a set price or as part of wages. Such a rate is called a net rate. It is a hotel kpi which measures the average rate per available room similarly to adr. Room inventory is sold via some third party distributors at prices that are subject to commission others negotiate a sometimes lower price with the hotel that does not include a commissions.

In hotel distribution we work with many rate levels. What is the meaning definition of net rate in the hospitality industry. Information and translations of room rate in the most comprehensive dictionary definitions resource on the web. Room rate synonyms room rate pronunciation room rate translation english dictionary definition of room rate.

The rack rate is the normal price of a hotel room before any discount. Revenue per available room revpar is a performance measure used in the hospitality industry. Arr stands for average room rate. The average daily rate adr measures the average rental revenue earned for an occupied room per day.

The official price that a hotel advertises for a room not including any special offer or price. Meaning pronunciation translations and examples. The net rate is the price without the. Room rate the rate charged daily for a hotel room charge per unit rate amount of a charge or payment relative to some basis.

Meaning of room rate.