Corporate Rate

Corporate Rate

Corporate Rate is a special rate offered by hotels to appeal to the requirements of business travelers. Contrary to popular belief, it is not always a discounted or minimum rate provided by hotels. Instead, corporate rates offer the best available room at a fixed cost for a specific duration, typically outlined in a contract between the hotel and company.

This rate is offered to companies that have frequent business travel requirements. The agreement between the hotel and company outlines the terms and conditions of the corporate rate, including the length of the contract, rates, payment terms, cancellation policy, and other important details.

Corporate rates are mutually beneficial for both hotels and companies, as it ensures a steady flow of business for hotels while providing companies with attractive prices and a reliable accommodation partner.