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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.
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.
The MARS-1 train ticket reservation system was designed and planned in the 1950s by the Japanese National Railways' R&D Institute, now the Railway Technical Research Institute, with the system eventually being produced by Hitachi in 1958. [6]
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces, headquartered in Gurgaon, India. [ 7 ] [ 8 ] [ 9 ] Founded in 2012 by Ritesh Agarwal , OYO initially consisted mainly of budget hotels. [ 1 ]
Most hotel establishments consist of a general manager who serves as the head executive (often referred to as the "hotel manager"), department heads who oversee various departments within a hotel, middle managers, administrative staff, and line-level supervisors. The organizational chart and volume of job positions and hierarchy varies by hotel ...
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 .
It was the commercial airport of Larissa until 1997 when it closed for civilian traffic. Currently the airport is being used only by military aircraft of the Hellenic Air Force , whose 110th Combat Wing (110 Πτέρυγα Μάχης, 110 ΠΜ) is stationed there.
Larissa (/ l ə ˈ r ɪ s ə /; Greek: Λάρισα, Lárisa, pronounced ⓘ) is the capital and largest city of the Thessaly region in Greece. It is the fifth-most populous city in Greece with a population of 148,562 in the city proper, according to the 2021 census. [2]