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Rate codes are used to define the various prices for each room type over a particular date range or rate season. It is possible to identify multiple rate amounts for a single rate code and a separate price per person over a seven-day period (mid-week and weekend).
What is rate access code?
Rate Access Codes (RACs), described in this topic, are also known as a multi-level rate codes or negotiated rate codes. Rate Access Codes (RACs) are requested by hotel as a negotiated rate or contract rate for a company or organization.
What is hotel room rate?
Definitions of room rate. the rate charged daily for a hotel room. type of: charge per unit, rate. amount of a charge or payment relative to some basis.
What is complimentary rate code?
Complimentary Rate: A Room rate with zero room charge which is offered to special guests, industry leaders, Gov. officials etc. House use Rate: A Room rate with zero room charge which is used for rooms stays for hotel purpose.
