The term Fenced Rate refers to reservations that offer certain benefits for bookers: under some conditions and requirements.
Lots of variables can determine a hotel's room rates for rooms. When segmented into Fenced Rates, the process of rate-setting becomes a lot simpler.
Types of Fenced Rates can include:
By setting Fenced Rates, a hotel can often sell more rooms in advance. For guests who accept Fenced Rates when reserving rooms, there can be advantages -- such as reduced prices for in-house services and activities.