Best available rate

Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is one of the latest pricing mechanisms, increasingly used by hotels and hotel chains around the world. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand.

Best available rate

Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is one of the latest pricing mechanisms, increasingly used by hotels and hotel chains around the world. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand.