QUIZ 3

Corporate Rate may reflect 10 – 20% discount from the rack rate.

Corporate Rate may reflect 10 – 20% discount from the rack rate.

Market Tolerance Method is a method of room rate calculation which is based on the construction cost of the hotel.

Educational Institutions is given 30% - 50% discount by the hotel.

Can we give Corporate Rate to Corporate Accounts?

Can we give Corporate Rate to Corporate Accounts?

Meeting Package covers room accommodation, use of function rooms, meals and snacks.

Meeting Package covers room accommodation, use of function rooms, meals and snacks.

Guaranteed Reservation is an agreement that the hotel makes to hold a room for a guest until the guest arrives.

Regular Reservation is apply when the terms of reservation have been verified.