What types of Negotiated Rates are they?
Modified on: 2023-05-11 15:46
Corporate Rate mainly has the following types:
- Fixed corporate rate, dynamic corporate rate
According to whether the price is fixed within the validity period, it can be divided into fixed corporate rate and dynamic corporate rate. The former does not distinguish the peak season, the annual rate is a fixed value; The latter is usually a certain discount on the BAR (Best Availabile Rate), which usually goes up and down with the BAR. - Global key account negotiated rate, major account negotiated rate, local-local negotiated rate, etc
According to the size of account consumption or account type, it is divided into Global key account negotiated rate, major account negotiated rate, local-local negotiated rate, etc. Hotel for different types of account will regularly assess their consumption and the next negotiated rate year adjust the corresponding rate.
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