{"id":22573,"date":"2020-04-08T12:02:33","date_gmt":"2020-04-08T12:02:33","guid":{"rendered":"https:\/\/www.xotels.com\/uncategorized\/group-rate\/"},"modified":"2024-12-23T09:22:01","modified_gmt":"2024-12-23T09:22:01","slug":"group-rate","status":"publish","type":"post","link":"https:\/\/www.xotels.com\/en\/glossary\/group-rate","title":{"rendered":"Group Rate"},"content":{"rendered":"<p>What is the meaning \/ definition of Group Rate in the <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/hospitality-industry\">hospitality industry<\/a>?<\/p>\n<p>Hotels that frequently accept bookings from groups can offer reservations at a specially <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/negotiated-rate\">negotiated rate<\/a>. This is called a Group Rate.<\/p>\n<p>You might be wondering how many people (and therefore how many total rooms!) are involved for a <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/booking\">booking<\/a> to be categorised as a \u2018group booking\u2019? Well, the answer is usually five rooms or more. It is quite rare that a <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/hotel\">hotel<\/a> will accept a group booking, and therefore offer a reduced Group Rate, for less than five rooms.<\/p>\n<p>Group Rates are beneficial for both hotels and customers. The group can reserve rooms (and perhaps take advantage of everything in-house that a hotel has to offer, at a discounted price), and the hotel can look forward to assured capacity during the duration of the group\u2019s <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/stay\">stay<\/a>, rather than being reliant upon unpredictable <a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/transient\">transient<\/a> bookings from individuals, couples and families, which may be a lot, or amount to none at all.<\/p>\n<p>These are just some of the types of groups who could qualify for a Group Rate at hotels around the world:<\/p>\n<ul>\n<li>Wedding parties<\/li>\n<li>Associations<\/li>\n<li>Business groups<\/li>\n<li>Conferences<\/li>\n<li>Corporate event groups \u2013 holding a corporate event at a beautiful hotel can help enhance a brand\u2019s prestige, as well providing unforeseen business opportunities<\/li>\n<\/ul>\n<p>And, let\u2019s not forget:<\/p>\n<ul>\n<li>Reunions! Booking a hotel for an old school-friends get-together, for example, can be a lovely idea. And if the group is offered a Group Rate by the hotel, the overall cost of the gathering can be reassuringly controlled<\/li>\n<\/ul>\n<p><strong>See Also:<\/strong><\/p>\n<ul>\n<li><a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/group-displacement\">Group Displacement<\/a><\/li>\n<li><a class=\"glossary-only-link\" href=\"https:\/\/www.xotels.com\/en\/glossary\/displacement-analysis\">Displacement Analysis<\/a><\/li>\n<\/ul>\n<p><strong>Synonyms<\/strong><\/p>\n<ul>\n<li>Group Rate<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is the meaning \/ definition of Group Rate in  [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[38,9],"tags":[],"class_list":["post-22573","post","type-post","status-publish","format-standard","hentry","category-g","category-glossary"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Group Rate Definition \/ Meaning - Xotels<\/title>\n<meta name=\"description\" content=\"Definition: Hotels that frequently accept bookings from groups can offer reservations at a specially negotiated rate. This is called a Group Rate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.xotels.com\/en\/glossary\/group-rate\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Group Rate Definition \/ Meaning - Xotels\" \/>\n<meta property=\"og:description\" content=\"Definition: Hotels that frequently accept bookings from groups can offer reservations at a specially negotiated rate. This is called a Group Rate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.xotels.com\/en\/glossary\/group-rate\" \/>\n<meta property=\"og:site_name\" content=\"Xotels\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-08T12:02:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-23T09:22:01+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Landman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@xotels\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Landman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/group-rate#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/group-rate\"},\"author\":{\"name\":\"Patrick Landman\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#\\\/schema\\\/person\\\/f51e882bd553ae1b905fc0214cdca6f5\"},\"headline\":\"Group Rate\",\"datePublished\":\"2020-04-08T12:02:33+00:00\",\"dateModified\":\"2024-12-23T09:22:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/group-rate\"},\"wordCount\":268,\"publisher\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#organization\"},\"articleSection\":[\"G\",\"Hotel Terminology &amp; Glossary\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/group-rate\",\"url\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/glossary\\\/group-rate\",\"name\":\"Group Rate Definition \\\/ Meaning - Xotels\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.xotels.com\\\/en\\\/#website\"},\"datePublished\":\"2020-04-08T12:02:33+00:00\",\"dateModified\":\"2024-12-23T09:22:01+00:00\",\"description\":\"Definition: Hotels that frequently accept bookings from groups can offer reservations at a specially negotiated rate. 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