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Tourism & Hospitality vocabulary · Sales & Revenue

Rate parity

Meaning in tourism & hospitality, with examples

nounCommon term

In tourism & hospitality, rate parity means: An arrangement in which comparable room offers have matching prices across specified sales channels.

In Turkish: kanallar arası fiyat eşitliği

How it is used

Used in distribution discussions; compare equivalent conditions and avoid assuming every contract requires it.

Example sentences

  1. We checked breakfast and cancellation terms before investigating the apparent rate parity problem.

    Different inclusions can explain a price difference without a like-for-like mismatch.

  2. The hotel's rate parity report showed a lower matching offer on one booking channel.

    The report compares the same offer across channels rather than unrelated room products.

Common collocations

  • monitor rate parity
  • rate parity agreement
  • OTAShort for online travel agency: a website or app that sells hotel rooms, flights and tours online, such as Booking.com or Expedia.
  • room rateThe price a hotel charges for a room for one night, which can change with the season, room type and booking channel.

More terms: Sales & Revenue

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