Room Rate Definitions:
1.Rack Rate
-the Standard rate or Published tariff defined by the hotel
management for a particular room category / type.
2.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.
3.ADHOC Rate
-These are normally non-standard rates which is offered as
a special one time rates for first time corporate's
4.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