Did you know that Hotels Etc travel club spends a tremendous amount of money and time negotiating travel discounts for members? Some say travel clubs are a waist of money, others will not travel without their membership card regardless of what program it is.
Hotels Etc smashes best online rates because they are set up with a different rate code. There are several rates codes used in the industry. Below is a list of the various rate codes that hotels are currently using.
Rack Rate: Is the Standard rate or Published tariff defined by the hotel management for a particular room category / type. This is generally printed on the tariff sheet of the hotel and these details are also submitted to the local government authorities for hotel licensing and in some countries for Gov. tax compliance. In other word's these rates are always without any sorts of discounts.
Corporate or Commercial Rate: These are rates offered to companies that provide frequent business for the hotel or its chain. This rate may vary according to the volume of business guaranteed by the companies.
ADHOC Rate Code: These are normally non-standard rates which is offered as a special one time rates for first time corporate's.
Group Rate: These are rates which is offered to groups, meetings and conventions using the hotel for their functions.
Promotional Rate Codes: These rates are generally offered during low occupancy periods to any guest to promote occupancy. Early Bird Rates, Stay for 3 and pay for 1 etc. are some examples. These rates may also include certain add-ons to attract the customers like free WiFi for 24 Hrs, free buffet dinner etc.
Incentive Rate Code: The Rate offered to individuals who belong to an association or holders of special membership cards or Credit cards. Eg: Amex / VISA / Master card holders get 5% discount on Rack Rate, Lufthansa Frequent Flyer members get 25 % discount etc. For hotels these rates always give potential referral business.
Family Rate: A rate reserved for families with children. Usually these rate include Extra Bed charges and may also include some free add-on activities for children.
Package Rate: Rates that includes a guest room in combination with other available events or activities. (Eg: Best of London package which includes room rental, all meals, site seeing, airport transfers etc. ) Package rate can be also a simple room and meal package like American Plan ( AP), Modified American Plan ?(MAP),?Continental Plan ( CP ) etc.
Best Available rates ( BAR ) : These rate codes are the lowest discounted rate available for a day which can be offered to the guest by the Reservation or Front desk staff. BAR can be off different types:
'Dynamic BAR' -Has different tiers and each tiers will be opened and closed according to the occupancy of the hotel. ( The new age hotel management software's does this automatically for the Revenue Mangers.)
Merchant Rates are typically only available to wholesale purchasers and or investors. This type of rate codes are generally the lowest rate code you can get and typically a consumer will not have access to this type of rate codes.
Typically when you are dealing with companies such as Hotels Etc, you can expect a discount off one of the following: Bar Rates, Merchant Rates. If you see a discount being advertised on travelocity for lets say 20% off.. This discount is typically based off of the rack rate or BAR Rates and is nearly as good as 20% off the merchant rate.
Hotels Etc provides you discounts off the merchant rate which guarantees you the lowest hotel discount rates on the net. So Join Hotels Etc travel club today!
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