单词 | rack rate |
释义 | rack rate in Hospitality (ræk reɪt) Word forms: (regular plural) rack rates noun Related wordsCompare rack rate with corporate rate, which is the price charged to a guest who is staying at a hotel while travelingfor business, and walk-up rate, which is the price charged to a guest who arrives without a reservation.(Hospitality (hotel): Hotel facilities, business center) The rack rate is the normal price of a hotel room, before any discount. A second room can be reserved at a 50 percent discount off the rack rate. Rack rates for a hotel room start at $220 a night. The rack rate is the highest price at the hotel, without any discounts. |
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