FlyerTalk Forums - View Single Post - Can anyone lend advice on IHG Corporate Rates?
Old Apr 26, 2016 | 3:11 pm
  #7  
christyHersh
 
Join Date: Apr 2016
Programs: IHG; Hilton; LQ, SPG, Marriott; Carlson
Posts: 1
Smile Negotiated Rates

Originally Posted by yossimills
I've recently set up a corporate rate with a UK HI Express - I work for a large technology company (100000+ employees) and we're likely to be putting through 30-50 room nights per week in this hotel. (5-15 people, 2-7 nights per week)

There seem to be 2 components - the Corporate ID (9 digits) and the Rate Code (like 6BARC). I notice that when I do a search anywhere in the world with my corporate ID, I get a fixed percentage discount at any IHG hotel, for example, with the IC London, I get a fixed percentage of the BAR, with the negotiated conditions (fully flexible, etc.) - even for arrival next Monday (which of course makes it somewhat better than the best publicly available rate). My contract makes no mention of this benefit - I assume that it is an IHG-wide discount for my company. Has anyone experienced this before, and are there any known restrictions? I assume that it is the rate code (currently not fully functional) that gives the specific benefit/rate at the hotel with which I negotiated the discount.

I also notice that the rate comes up as "COMPANY NAME GOLD" - does this imply a certain level or discount/benefit? Are there other levels?

Feel free to PM if you'd rather not discuss publicly. I'm quite interested to understand exactly how this new rate works from those who have been in a similar situation.
In regard to the Local Negotiated Rate (LNR), you should have a deeper discount compared to the National Discount. Your company made a commitment to the one (1) property to source 50 room nights per week. That is volume and worth something.

You can contact your company travel manager and ask what additional percentage should you request. Try 15%....most likely they'll give you 10% off. I know several properties who would bend over backwards for that kind of volume.
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