gross rate

Refers to the full, undiscounted selling price of a travel product before any commissions, overrides, or net rates are applied to intermediaries such as travel agencies, tour operators, or online distributors. In the tourism economy, this figure is the “headline” rate that a hotel, cruise line, or experience provider publishes to the market, from which…

net rate

Refers to the confidential, wholesale price that a supplier—such as a hotel, tour operator, or activity provider—offers to a travel intermediary, typically excluding commissions, markups, or taxes charged to the end customer. Within the mechanics of travel operations and distribution, this is the foundational figure upon which retail prices are built: a tour operator, travel…