How to calculate hotel price execution rate

The hotel negotiated price refers to a preferential price that the company’s guests or employees will enjoy when they sign an agreement with the hotel. It is generally lower than the hotel's listed price, but this is usually subject to reaching a certain occupancy rate. Major commercial banks often have such agreements with local hotels; the hotel's execution price means that regardless of whether the occupancy rate is reached, guests can stay at the agreed price. Revenue management has different forms of explosive performance during the hotel's off-peak and peak season market cycles. In terms of standard price system setting, different types of hotels currently have different characteristics.