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How do hotels calculate their Rack Rate and What is the formula?
Room revnue divided by total no. Of room occupied
Difference between rack rate and nett rate?
i can't.
What does rack rate mean?
The price a hotel charges for a room before any discount has been taken into account. The published rate for a room, sometimes set artificially high and used to calculate a variety of discounts.
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 formula to calculate the rate of osmosis?
how do you calculate the rate of osmosis
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 does standard rack rate mean?
The price a hotel charges for a room before any discount has been taken into account. The published rate for a room, sometimes set artificially high and used to calculate a variety of discounts.
How you calculate the Safety Activity Rate?
how to calculate activity rate for machining
What is the origin of the phrase 'rack rate'?
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"
How many flat rate hours to replace 2002 Sedona steering rack?
My independent mechanic charged me $400 for my amanti rack replacement.
How can I calculate the monthly interest rate from an annual interest rate?
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
