A day rate is the price of using a room for a few daytime hours without an overnight stay. It suits layovers, meetings or rest for travelers in transit. It lets the hotel sell the same room twice in one day.
Example An airport hotel sells day use rooms to passengers on long layovers.
A walk-in is a guest who arrives without a prior reservation and asks for a room on the spot. The front desk...
RevenueOccupancy is the percentage of rooms sold out of those available over a period. It is one of the three basic...
CommercialCross-selling is offering products or services that complement the main purchase. Where upselling moves the...
CommercialMICE covers meetings, incentives, conferences and exhibitions. It is a high value segment that fills hotels...
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