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Best available rate. Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand. There are several interpretations and executions of BAR in the hotel industry.
"Five-star Superior" rating at the Hotel Vier Jahreszeiten Kempinski in Munich, Germany. Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. [1]
This 1,925-square-foot second floor two bedroom, three-bath suite overlooks the hotel pool and has vaulted ceilings in each room, a full-sized kitchen and dining room, and private terraces off the ...
Online hotel reservations are a popular method for booking hotel rooms. Travellers can book rooms on a computer by using online security to protect their privacy and financial information and by using several online travel agents to compare prices and facilities at different hotels. Prior to the Internet, travellers could write, telephone the ...
4. Corfu, Greece. The Siorra Vittoria boutique hotel room rates start at $248 per night. Corfu is more than just a beach destination. There are plenty of activities both indoors and out, Avery said.
Average daily rate. Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance.
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