Travel glossary
Net rate
A net rate is the price a supplier charges a travel agent or tour operator before any markup is added for the end customer.
Agents add a markup to the net rate to set the selling price. Net rates are usually confidential and shouldn't appear on customer-facing quotes.
Related terms
Related terms
Rack rateThe rack rate is a hotel's standard published price for a room, before…MarkupMarkup is the amount added to a product's cost to set its selling pric…MarginMargin is profit expressed as a percentage of the selling price.…Contracted rateA contracted rate is a price agreed in advance between a travel busine…
FAQ
Common questions
What is Net rate?
A net rate is the price a supplier charges a travel agent or tour operator before any markup is added for the end customer.
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