Best available rate
id:
best-available-rate-272-4983716
title:
Best available rate
text:
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. Sheryl E. Kimes defines BAR pricing is an "attempt to reduce confusion and to guarantee that the guest is quoted the lowest available rate for each night of a multiple-nigh
brand slug:
wiki
category slug:
encyclopedia
description:
Hotel pricing mechanism
original url:
https://en.wikipedia.org/wiki/Best_available_rate
date created:
date modified:
2023-02-06T16:32:28Z
main entity:
{"identifier":"Q830454","url":"https://www.wikidata.org/entity/Q830454"}
image:
fields total:
13
integrity:
14