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Corporate rate

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Corporate Rate: A moderate rate, which is not available to the general public. It is not necessarily a discounted rate or the minimum rate offered by the hotel.

 


Corporate rate - this is the discounted rate that organisations and companies can negotiate with the airlines. Often the company's country of origin will determine which airline it is - usually one of the national carriers.

Corporate Rate
Discount rate available to traveling business men and women, customarily 10% below rack (standard) rates.
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LEISURE RENTAL: When a traveler pays non-corporate rates for a car rental, and thereby earns a different amount of miles than a corporate rate would earn.
LH: Lufthansa Airlines. Also an abbreviation for "long haul".

See also: Airport, Airline, Heavy, Flight, Hotel

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