How to Get Hotel Corporate Rates

Hotel expenses often constitute a significant portion of business travel costs. This guide will explore strategies to reduce these expenses and leverage the best corporate discounts available at hotels.

Understanding Hotel Corporate Rates

Hotel corporate rates are specially negotiated discounts offered to business clients. These rates typically start at 10% off but can be even more substantial with proper negotiation. Hotels are incentivized to provide attractive rates to business travelers in exchange for loyalty and consistent bookings.

How Corporate Rates Work

1. Negotiation Process: Rates are usually negotiated between the hotel (or chain) and your company's travel manager.
2. Eligibility Criteria: Based on factors like minimum annual stays or number of employees.
3. Booking Process: Requires entering a corporate code when making reservations.
4. Verification: May need to show company ID at check-in.

Benefits of Corporate Rates

• Significant cost savings
• Potential for year-round or seasonal discounts
• Additional perks (e.g., flexible cancellation, loyalty points)
• Alignment with company travel policies

Strategies for Securing Great Corporate Rates

1. Leverage Travel Management Platforms: Utilize services like TravelPerk that negotiate discounts using collective buying power.
2. Consolidate Bookings: Focus on a specific hotel or chain for potential exclusivity benefits.
3. Consider Last-Minute Bookings: Can offer savings, but weigh against potential risks and company policies.

By implementing these strategies, businesses of all sizes can access substantial discounts and improve their overall travel experience.