Traditional Culture Encyclopedia - Hotel reservation - What does hotel negotiated price mean?

What does hotel negotiated price mean?

The hotel negotiated price refers to the negotiated price reached between the hotel and a certain group or company so that employees or members of the group or company can book hotel rooms at a more favorable price. Such negotiated prices are usually more favorable than usual prices and can save travel expenses for groups or company employees. At the same time, for hotels, such cooperation can also bring more guests to the hotel and increase the hotel's occupancy rate and revenue.

Different hotels will also have different settings for negotiated prices. Some hotels use fixed negotiated rates, which means the price is the same no matter when the group or company's employees book. Other hotels will fluctuate prices based on the booking time and room type. This approach will make prices more flexible and competitive, and can better meet customer needs.

For companies or groups, there are usually two ways to obtain negotiated prices. One is to sign a short-term agreement with a hotel, such as a half-year or one-year cooperation agreement, so that the company or group can Employees can book hotel rooms at contract prices during the cooperation period; the other is to use the help of agents or travel agencies to achieve cost control for enterprises or groups while ensuring hotel occupancy rates.

To sum up, hotel price negotiation is a way of cooperation between two parties, which can not only bring more discounts to groups or enterprises, but also bring more passenger flow and revenue to the hotel. It is A win-win way of cooperation.