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2. Best available rate - Wikipedia

   en.wikipedia.org/wiki/Best_available_rate

   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.

3. Hotelling's rule - Wikipedia

   en.wikipedia.org/wiki/Hotelling's_rule

   when P(t) is the unit profit at time t and δ is the discount rate. The economic rent obtained is an abnormal rent, often referred to as resource rent, since it generates from a situation where the resource owner has open access to the resource for free. In other words, the resource rent is the resource royalty or resource's net price (price ...

4. Hotel consolidator - Wikipedia

   en.wikipedia.org/wiki/Hotel_consolidator

   A hotel consolidator (also called a hotel broker) is a travel company (travel agency or tour operator) or business that buys up blocks of hotel rooms at a predetermined destination and then resells them as package holidays [1] or at discounted rates to final customers.

5. How to access huge hotel room discounts – with a deviously ...

   www.aol.com/why-booking-hotel-room-phone...

   Exclusive: Giant accommodation platform, worth £136bn, urges hoteliers to cut rates for millennials

6. Discount rate - Wikipedia

   en.wikipedia.org/wiki/Discount_rate

   Discount rate may refer to: Social discount rate (of consumption), the rate at which the weight given to future consumption decreases in economic models Pure time preference , or utility discount rate, the rate at which the weight given to future utility decreases in economic models

7. Opaque travel inventory - Wikipedia

   en.wikipedia.org/wiki/Opaque_travel_inventory

   According to TravelClick, the opaque channel accounted for 6% of all hotel reservations for major brands in 2012, up 2% from 2010. [ 1 ] The primary consumers of opaque inventories are price-conscious people whose primary aim is the cheapest travel possible and are less concerned with the specifics of their travel plans.