Sometimes we are so surprised to see the price of rooms at a brochure of a five-star hotel. Many hotels, especially the five-star hotel has a specific policy in determining the price. This is one of the sales strategy of the hotel.
Publish rate is the price set for the tourists a hotel reservation (booking) directly to the hotel without going through the intermediary of travel agents. While the contract rate is the price given the hotel to the travel agent to help sell hotel rooms.
Price contract rate is usually far from the price published rate for helping travel agents to earn profit. Therefore, the price usually offered by travel agents are cheaper than the published price of the hotel rate, but with different terms and you must pay the price of the room well before the date of your order.
In addition the hotel prices are determined also from the holiday season. There are three types of hotel price categories based on their level of crowd occupancy Low Season, High Season and Peak Season. Room rates in low season season usually cheaper.
Price high season is usually applied to the seasons in which the area visited by tourists, while the peak season rates apply on certain weeks where at times when tourists are plentiful. Every hotel and the area usually have different policies in determining the price low, high and peak seasons.