BAR Full Form in Hotel is best available rate. It is a method of setting room rates that is gaining in popularity and is being implemented by an increasing number of lodging establishments and hotel chains throughout the world.
Under the BAR system, a hotel’s manager can charge various rates for the exact same room on different days, depending on how popular the room is.
The BAR rate is the hotel’s minimum pricing for a given room category on a given date, and it is often determined by the hotel’s occupancy and availability.
This BAR pricing approach was developed by the hospitality sector as an effort to simplify the industries notoriously complicated pricing policies and eliminate the resulting customer confusion.
The BAR rating is its variable rate that changes daily based on market conditions. The BAR price can be determined statically or dynamically, according to the ceiling and floor pricing principles. The maximum rate for a room is the ceiling price, and the minimum rate for a room is the floor price.
When you feel like you’re spending more than you should for a hotel room, it ruins your vacation. BAR pricing is transparent, so guests know exactly how much they’ll be charged and for what.