The definition of best available rates [In under 100 words] - Click Travel

the-definition-of-best-available-rate-click-travel-blog-950558-editedBest available rates is a pricing model, commonly used by hotels to provide the lowest possible rate to a consumer on a given date.

This involves hotels analysing the current market conditions such as demand in a certain area and time of stay, to price a room accordingly. As this pricing strategy is based on ever changing variables, the price of a room can fluctuate throughout a day.

Best available rates essentially provide consumers with the most appropriate room cost at any given time by predicting the demand for rooms and lowering or raising the price accordingly.


About Author:

Sergio Cabrera-Howell