Cancellation OTA Rack Rate 
STAAH
MAY 16, 2023
4) Flexible Cancellation Policy Guests are looking for flexibility , now more than ever. People are even ready to pay a better price in order to have the flexibility to cancel. Also known as a non-refundable rate. 7) Rate parity Inspire trust in your clients by having the same rate across all channels.
Little Hotelier
OCTOBER 11, 2023
Make more money during peak season with direct bookings OTAs charge a 15-25% commission fee on every booking. You don’t accept reservations at specific discounted rates for multiple night stays extending into the sold out period. Instead of overbooking, look to your cancellation policies to make sure you don’t operate at a loss.
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