Fenced Rate

What is the definition of Fenced Rate in the hotel industry?

The word Fenced Rate refers to reservations that offer certain benefits for bookers: under some conditions and requirements.

Lots of variables can decide a hotel’s room charges for rooms. When divided into Fenced Rates, the procedure of rate-setting becomes a lot simpler.

Types of Fenced Rates can comprise:

  • Non-refundable reservations
  • Non-cancellable reservations
  • Advanced purchase reservations

By setting Fenced Rates, a hotel can frequently sell more rooms in progress. For guests who allow Fenced Rates when reserving rooms, there can be advantages — such as reduced prices for in-house services and actions

Note: Guests are not compulsory to accept these restrictions, but their rate is dogged by which (if any) Fences they accept.