Overview on Negotiated Rates and Multi-Property Negotiated Rates
Learning Objectives:
- What are Negotiated Rates
- What is the difference between Multi-Property Negotiated Rates and Negotiated Rates
- What is the Thynk Standard flow for Multi-Property Negotiated Rates and Negotiated Rates
What are Negotiated Rates
Negotiated rates are special pricing arrangements made between hotels and specific organizations, companies, or groups. These rates are typically lower than the standard public rates and are agreed upon through direct negotiation. Negotiated rates can be beneficial for both the hotel and the client, providing a stable flow of business for the hotel and cost savings for the client.
What is the difference between Multi-Property Negotiated Rates and Negotiated Rates?
For more information and specific instructions, please refer to the lesson: https://learn.thynk.cloud/courses/take/accounts-contacts-negotiatedrates/texts/57505696-how-do-we-handle-negotiated-and-multi-property-negotiated-rates-in-thynk in Thynk University! 👩🏻🎓
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