The PriceWaterhouseCoopers convention has been quoted a single rate. No matter which room they may receive at check-in (standard room, city-view parlor or king deluxe), they are all charged $149 per night. This group has been quoted:
A) Rack rates
B) Run-of-house/flat rates
C) Spread rates
D) Set day rates
E) None of the above

Question

Quizplus · Accepted Answer

Run-of-house/flat rates refer to a pricing strategy where guests pay the same rate regardless of the type of room they receive upon check-in. This is exactly what is described in the scenario, where all attendees of the PriceWaterhouseCoopers convention are charged a single rate of $149 per night, regardless of the room type.

The PriceWaterhouseCoopers Convention Has Been Quoted a Single Rate