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In economics, a reservation (or reserve) price is a limit on the price of a good or a service.On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service.
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.
Any such symbol can be called a decimal mark, decimal marker, or decimal sign. Symbol-specific names are also used; decimal point and decimal comma refer to a dot (either baseline or middle ) and comma respectively, when it is used as a decimal separator; these are the usual terms used in English, [ 1 ] [ 2 ] [ 3 ] with the aforementioned ...
A resort fee, also called a facility fee, [1] a destination fee, [2] an amenity fee, [3] an urban fee, [4] [5] a resort charge, or a hidden hotel booking fee, [6] [7] is an additional fee that a guest is charged by an accommodation provider, usually calculated on a per day basis, in addition to a base room 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. [1]
Kemer is a seaside resort, municipality and district of Antalya Province, Turkey. [2] Its area is 412 km 2 , [ 3 ] and its population is 49,383 (2022). [ 1 ] It is on the Mediterranean coast , 43 km (27 mi) west of the city of Antalya , on the Turkish Riviera .