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Tourism & Hospitality vocabulary · Sales & Revenue

Rate fence

Meaning in tourism & hospitality, with examples

nounAdvanced term

In tourism & hospitality, rate fence means: A condition that separates customer groups eligible for different prices.

In Turkish: fiyat erişim koşulu

How it is used

Used in pricing discussions for advance purchase, membership or other eligibility conditions.

Example sentences

  1. The fourteen-day advance purchase rule acts as a rate fence for the cheaper offer.

    Booking early is the condition that distinguishes access to this lower price.

  2. We removed the membership rate fence so all guests could book the spring promotion.

    Removing eligibility widens access without necessarily changing the advertised price.

Common collocations

  • apply a rate fence
  • rate fence condition
  • rate planA defined pricing structure for a room or package, including conditions such as meals, cancellation terms, and booking rules.
  • early bookingBooking a holiday or hotel stay months in advance, often to get a discount offered for bookings made before a certain date.

More terms: Sales & Revenue

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