Net Rate
What is a net rate in hotel contracts?
The actual room rate paid by the booking organization — no commission included. Most group hotel contracts quote net rates. Compare with commissionable rate, which includes a travel agent commission (typically 10%). Knowing whether a quoted rate is net or commissionable is essential for accurate budget comparison across properties.
Related Terms
Stop tracking net rate by hand
Blocks extracts net rate from your contracts, tracks it alongside every deadline and room night, and proposes the next step for you to review — so the busy work is handled, and nothing changes until you confirm.