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- Best_Rate_Guaranteed abstract "Best Rate Guaranteed is a variable pricing, revenue management technique that hotel managers use to set different nightly rates for the same room based on expected room demand. Best-available-rate (BAR) pricing guarantees that guests are given the lowest available rate for night of a multiple-night stay.Best Rate Guaranteed (also known as Best Available Rate or Best Rate Guarantee) is increasingly used by hotels and hotel chains around the world (BRG Hotels).Best Rate Guaranteed (BRG) is the most generous rate-matching program a hotel guest can get (only when communicating directly with the hotel). There are several interpretations and executions of BRG in the hotel industry. Galileo, a Global Distribution System provider, defines best available rate as "a rate available to the general public that does not require pre-payment and does not impose cancellation or change penalties and/or fees, other than those imposed as a result of a hotel property's normal cancellation policy."Cornell University School of Hotel Administration carried out a study surveying the reactions of 153 travelers to BAR (BRG) pricing. Respondents explained that being given the best available rate for every night of their stay was more fair than paying a single blended rate for a multiple-night stay.".
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- Best_Rate_Guaranteed wikiPageExternalLink abstract-13592.html.
- Best_Rate_Guaranteed wikiPageID "29967245".
- Best_Rate_Guaranteed wikiPageRevisionID "566449520".
- Best_Rate_Guaranteed hasPhotoCollection Best_Rate_Guaranteed.
- Best_Rate_Guaranteed subject Category:Articles_created_via_the_Article_Wizard.
- Best_Rate_Guaranteed subject Category:Hotel_terminology.
- Best_Rate_Guaranteed subject Category:Pricing.
- Best_Rate_Guaranteed comment "Best Rate Guaranteed is a variable pricing, revenue management technique that hotel managers use to set different nightly rates for the same room based on expected room demand.".
- Best_Rate_Guaranteed label "Best Rate Guaranteed".
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- Best_Rate_Guaranteed sameAs Q4896785.
- Best_Rate_Guaranteed sameAs Q4896785.
- Best_Rate_Guaranteed wasDerivedFrom Best_Rate_Guaranteed?oldid=566449520.
- Best_Rate_Guaranteed isPrimaryTopicOf Best_Rate_Guaranteed.