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Before computers and electronic displays were up, and before the hotel industry talked about revenue management, hotels were operating with only one rate. Hotels used to print their house rates on brochures which are then placed on a brochure rack. These rates are usually the highest, as innkeeper's friends will have gotten a discount off the usual rates.
Thus, if a guest checks-in without any prior reservation, he will be shown the rate on the brochure on the rack (i.e. not a preferential rate). Thus the advent of the term "Rack Rate"
What else can I help you with?
What is the origin of the phrase ram page?
There is no such phrase. There is a word rampage. It is of Scottish origin, perhaps from RAMP, to rear up.
What is the origin of the phrase hey presto?
The Spanish for "I have put" is he puesto, could this be the origin?
What does the phrase rack your brains mean?
It means to search through the depths of your brain for a certain thing. For example, when a group is brainstorming the leader might tell them to rack their brains for the answer.
What is the origin of the phrase arm pit?
It's not a phrase, and it's one word "armpit". Origin is from Old English earm "arm" and pytt "hole in the ground".
What is the origin of the phrase make a killing?
make a killing
Difference between rack rate and nett rate?
i can't.
What is difference between bar rate and rack rate?
The bar rate is the discounted rate offered by hotels to travel agents and corporate clients, typically lower than the standard pricing. In contrast, the rack rate is the hotel's published or maximum price for a room, usually not subject to discounts. Essentially, the bar rate is a negotiated rate, while the rack rate serves as the baseline for pricing.
What is the origin of the phrase eat you?
There is no such phrase as "eat you".
What is the missing word in the word double phrase rack and?
pinion
The highest rate that a hotel will charge a guest is commonly known as the?
Rack Rate
Why do people not pay the rack rate?
they are s*** bags
What is the origin of the phrase ram page?
There is no such phrase. There is a word rampage. It is of Scottish origin, perhaps from RAMP, to rear up.
What phrase of a Greek origin means the common people?
The phrase of Greek origin referring to the common people is "hoi polloi."
What is free individual traveler?
THESE ARE THE GUESTS WHO ARE NEITHER COMING FROM A COMPANY NOR ORGANIZATIONS AND THEY GENERALLY PAY THE RACK RATE (rack rate is the rate which is printed/published tariff of a hotel) Refer Sudhir Andrews, Front office manual
What is the origin of the phrase on the rocks?
"on the rocks"
What is the origin of the phrase hey presto?
The Spanish for "I have put" is he puesto, could this be the origin?
What is the origin of the phrase 'smart butt'?
sumething
