room rate

ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.room rate - the rate charged daily for a hotel room
charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"
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However, Doha hotel room's yield declined 8.4% to $78 mainly owing to a 19.9% decline in the average room rate to $110 in November last year.
However, in the short term, Belfast hotel occupancy rates, average room rates and revenue per available room (REVPAR) are likely to soften as the city adjusts to the unprecedented level of additional supply." The report said the average daily room rate in Belfast rose by 25% to PS81.65 and the REVPAR went up 29% to PS66.11 between 2015 and the first half of this year.
The Sri Lanka Tourism Development Authority (SLTDA) has finally removed the 'Minimum Room Rate' imposed on city hotels, allowing operators to decide their own selling prices, after reports that the island has come to be known as an expensive destination.
The deluxe hotel apartment product Danat Residence is slated for an opening in 2015 and is located minutes away from Abu Dhabi National Exhibitions Centre (Adnec).DANAT STAY MORE With the Danat Stay More package, guests who are planning a longer stay will find that if they book two consecutive nights, they get up to 10 per cent discount on the best available room rate. If booking three and four consecutive nights, guests will receive 15 per cent and 20 per cent discount off on the best available room basis.
However, in Swansea the average daily room rate fell 2% from PS51.55 to PS50.52 during the same period.
Muscat : The performance of Omani hotels was relatively better in May in terms of occupancy, average room rate and yield.
Members must first designate Avios as their earning preference, before gaining two Avios per US$1 spent at the following Marriott brands: Marriott Hotels and Resorts, JW Marriott, Renaissance Hotels, Marriott Vacation Club, Autograph Collection Hotels, Edition (room rate only), The Ritz-Carlton (room rate only) and Gaylord Hotels (room rate only).
Room rates also declined by 7.2 percent for Best Available Rate, 2.6 percent for the leisure segment, and 6.7 percent in the groups or tours segment, leading to a decline in the average room rate of 2.7 percent, to GBP136.41 in November 2012, from GBP140.19 during the same period in 2011.
In addition, the rooms yield (RevPAR) increased by 12.0 per cent year-to-date, with average room rate increasing by 8.7 per cent year-to-date.
As an example, the $39 nightly room rate for a visiting quarters room increased to $53.25, and temporary lodging facilities went from $43 to $55 per night.
Although occupancy dropped by 5.4% to 76.9% this year, compared with 81.3% last year, room rate rose by 9.3%, a figure only bettered by inner London, to an average of pounds 54.59.
UK travellers faced hotel price rises in Rio of 31 per cent in the first six months of this year compared with the same period last year, according to a survey by Hotels.com The increase took the average one-night Rio room rate to pounds 182, second only to Monte Carlo (pounds 197) in the list of the world's most-expensive hotels.
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