Rack rate is the standard rate fixed by the front office management for a particular category of rooms.
Types of room rates in front office.
Types of room rates room rates categories.
The responsible personnel must communicate with general manager to ensure the effectiveness of room rates with regard to profit and loss of hotel and be aware of competing room rates to achieve competitive advantage.
Is the standard rate or published tariff defined by the hotel management for a particular room category type.
Rack rates the highest room rate charged by a hotel but they do not necessarily.
Although rack rates are important guests.
Therefore the front office generally has more than one room rate category depending on the types of rooms.
Standard room rates and rate codes used in the hospitality industry.
This is generally printed on the tariff sheet of the hotel and these details are also submitted to the local government authorities for hotel licensing and in some countries for gov.
Maximization of hotel room rate.
Front office personnel has very vital role in maximizing the room rate.
The rack rate is applicable for all guests except those who are authorized for any discounts.
Also not to forget any guest specific request or room specific request requested by the guest for eg room away from the elevator king bedded room twin bedroom non smoking room etc.
Later when assigning the guest room before the arrival of the guest the front desk agent must be aware of guest room characteristics for each room type available in the hotel.