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1
What does
RATE
stand for?
What does
RATE
mean? We have
8
definitions. Read most used
RATE
meanings below.
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All acronyms (37)
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Common (8)
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RATE FENCE.
— In the hotel industry, any number of characteristics that are used to determine the rate for a room. For example, a physical rate fence would involve the location of a room; a product-line rate fence
RATE DESK.
— The office of an airline that calculates fares for travel agents and passengers.
RATE HIKE.
— An increase in fares or other costs.
RATE ACCESS CODE.
— Any GDS or other alphanumerical code that displays hotel or other rates that are available, typically by negotiation, only to certain companies or categories of traveler.
RATE OF THE DAY.
— A hotel pricing system in which the rack rate varies from day to day.
RATE AND SERVICE STRUCTURE.
— The prices a carrier charges and the services and amenities it provides, considered as a whole system.
RATE PARITY.
— A situation in which a travel supplier, such as a hotel, maintains the same price across all its various distribution channels.
ADIABATIC RATE .
— Rule of thumb which holds that temperature decreases as altitude increases (3.5¡F per 1,000 ft.).
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