Rate Parity definition

Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better amenities and add-ons (e.g. free breakfast, Wi-Fi, early/late checkout), same or better restrictions and policies such as reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call-centers (including the customer reservation system), or directly at the Accommodation, with any competitor of Maletravel (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect of rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member, (ii) any online or mobile interface used by closed user group members is password protected, (iii) closed user group members have completed a customer profile, and (iv) the consumer to which the rate is offered or made available already made at least one prior booking as a member of the closed user group) provided that such rates are not (directly or indirectly) publicly (made) available. In the event that a closed user group rate is (directly or indirectly) publicly (made) available (by the Accommodation, a (direct/indirect) competitor of Xxxxxxx.xxx or on any third party (platform) (including any (meta) search engine or price comparison website), Maletravel is entitled to rate parity for such rate. Availability Parity means that the Accommodation shall provide Maletravel with such availability (i.e. rooms available for booking at the Platform) that are at least as favorable as those provided to any competitor of Maletravel Nederland (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1
Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation's websites, apps or call centers (including the customer reservation system), or directly at the Accommodation, with any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect to rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member,
Sample 1
Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call-centres (including the customer reservation system) , or directly at the Accommodation, with any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Availability Parity means that the Accommodation shall provide Xxxxxxx.xxx with such availability (i.e. rooms available for booking at the Platform) that are at least as favourable as those provided to any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1

Examples of Rate Parity in a sentence

  • Hotel should load TSA and TS8 rates in the GDSs (as defined in Section 1.1) under Hotel’s GDS chain and Hotel codes, as well as CRS and any relevant Channel Manager tools to ensure Channel and Rate Parity.

  • If Serial port is selected, you can set the Baud Rate, Parity, Data Bits, and Stop Bits.

  • Two well-known puzzles in international finance arise as a result of the apparent failure of many empirical models to find support for either the PPP (Purchasing Power Parity) or the UIP (Uncovered Interest Rate Parity) relations.

  • A companion paper, provisionally titled "Uncovered Interest Rate Parity Across Long Term Bond Markets in the Very Long Run", is set to examine very long-run properties of the separate nominal rate and inflation components in detail.Figure 1: Headline global real rates, and trend, 1311-2021 Notes: Data based on Schmelzing (2022)’s GDP-weighted global real rate data.

  • Definitions are based on Pre- dicted and Actual Outcome, and in this case a clas- sifier is fair if [Gar20]: TP TN TP + FN = TN + FP (3)• Predictive Rate Parity Difference.

  • These are the Re- source Gap Theory (RGT) and the Interest Rate Parity Theory (IRPT).

  • These are summed in the Resource Gap Theory (RGT) and the Interest Rate Parity Theory (IRPT).

  • This equation comes from iterating forward the standard Uncovered Interest Rate Parity (UIP) equation, with an extra deviation term added in:et = −(it − it∗) − Et rxt+1 + Et et+1As Equation 4 illustrates, there are three potential terms through which the terms of trade could affect the nominal exchange rate: (1) direct monetary policy, (2) UIP deviations, which may be induced by financial flows, or (3) changes in economic fundamentals that affect the nominal exchange rate.

  • Figure 8: Xception training and validation Predictive Rate Parity Difference for the transfer learning experi- ments.

  • In the event, the Company becomes aware that the prices being offered by the Hotel are not at Rate Parity, the same shall be considered material breach of this Agreement and the Company shall be entitled to terminate this Agreement in accordance with sub-clause 8.3 of this Agreement.


More Definitions of Rate Parity

Rate Parity means and include PTOs rates for Islamic Tour Packages that shall remain the same for same accommodation, same room type, same dates, same trip duration, same number of customers, same or better policies such as breakfast, reservation changes and cancellation policy that are offered or made available through this Platform as well as through third party’s platform, websites, mobile apps or call-centers, or directly at PTOs Centre, or with any competitor of the Platform Provider (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the PTOs.
Sample 1
Rate Parity means equivalence of the rates of policyholders in the acquired book of business and the rates of policyholders, of the same class and hazard, in the existing book of business or equivalence of current rates to indicated rates for an existing book of business.
Sample 1
Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call centers (including the customer reservation system) , or directly at the Accommodation, with any competitor of Eklips Corp. (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect to rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member, (ii) any online or mobile interface used by closed user group members is password protected, (iii) closed user group members have completed a customer profile, and (iv) the consumer to which the rate is offered or made available has already made at least one prior booking as a member of the closed user group) provided that such rates are not (directly or indirectly) publicly (made) available. In the event that a closed user group rate is (directly or indirectly) publicly (made) available by the Accommodation, a (direct/indirect) competitor of Eklips Corp. or on any third party (platform) (including any (meta-) search engine or price comparison website), Eklips Corp. is entitled to rate parity for such rate. Availability Parity means that the Accommodation shall provide Eklips Corp. with such availability (i.e. rooms available for booking at the Platform) that are at least as favorable as those provided to any competitor of Eklips Corp. (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1
Rate Parity is deleted and is replaced with the following:
Sample 1

Related to Rate Parity

  • Rate Protection means the payment of premiums for a defined period of time not exceeding 12 months, in advance of a rate increase that will not require any further payments to cover any difference between the advance payment and the new premium rate.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the Alternate Base Rate with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus two and one-half of one percent (2.50%) with respect to Eurodollar Rate Loans.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.