Closing Operations Rack Rate 
Hotelogix
AUGUST 21, 2024
Hotels operate 24/7, with guest check-in and check-out happening throughout the day. Specifically, the night audit process evaluates and closes daily cash flow into and out of the hotel's account. Importance of Night Audit in Hotel Operations It ensures rollover from one business day to the next day.
Little Hotelier
OCTOBER 11, 2023
You don’t accept reservations at specific discounted rates for multiple night stays extending into the sold out period. Guests who want to stay beyond the maximum length of stay period can be charged rack rate for subsequent nights. Ultimately, you can always be sure that you’re putting your most attractive rates forward.
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