Group stays · Guide Short answer: a hotel room block is a set number of rooms a hotel holds for one group on fixed dates, at an agreed rate, until a release date. Companies use room blocks for meetings, training, project teams and company trips, so every guest stays at the same hotel and rate
Business travel · Guide Short answer: a corporate hotel rate is a room rate a hotel agrees with one company, in return for that company booking regularly through the year. Companies get one in two ways: by signing an agreement with each hotel, or by booking through a B2B hotel supplier such a
Business travel · Rules Short answer: for state agencies and public service units in Vietnam, hotel costs on business trips follow Circular 40/2017/TT-BTC as amended by Circular 12/2025/TT-BTC, effective 4 May 2025: a lump sum of VND 500,000 to 1,600,000 per person per day, or payment against
Meetings · Guide Short answer: all ten hotels on Bedtara list meeting rooms or event spaces, in Ho Chi Minh City, Da Nang, Phu Quoc, Ha Long, Vung Tau, Da Lat and Sa Pa. For a meeting with an overnight stay, pick the city first, then compare meeting space, location, and how guests will travel
Events · Guide Short answer: when a company runs its own conference, product launch or customer event, the hotel side is a room block held for attendees. Settle four things early: how many rooms each night, the room mix, the date unused rooms go back to the hotel, and who pays for which stays
For hotels · Guide Short answer: before signing with a bedbank or wholesaler, a hotel should know who the end buyers are, how net rates are kept confidential, how parity is protected, when and how it gets paid, which cancellation conditions apply, how guest data is used, and which legal entit
For hotels · Guide Short answer: a net rate is the price a hotel agrees to charge a B2B buyer, such as a bedbank, wholesaler, travel agency or tour operator, before that buyer adds its own margin. It is confidential, it is written into a contract, and it is meant for packages, company stays a
For hotels · Guide Short answer: a hotel extranet is a password-protected web portal, run by a sales channel such as an online travel agency or a wholesaler, where the hotel loads its rates, room allotments, and restrictions and sees the bookings that channel sends. Each channel has its own e
For hotels · Guide Short answer: hotel distribution channels are the routes by which a hotel's rooms reach the people who book them. The main ones are direct sales, online travel agencies (OTAs), global distribution systems (GDS), wholesalers and bedbanks, corporate accounts, and destination
For hotels · Guide Short answer: a hotel channel manager is software that sends the hotel's rates, availability, and restrictions to several online sales channels at once and brings their bookings back into one place. It saves the reservations team from updating each extranet by hand and lowe