What is the meaning / definition of in the industry?

A room rate that includes the sales of goods and services. The most common time of is in an hotel where in the purchase of a room also include a certain amount of drinks, meals and activities during a stay.

This option is popular amongst price conscious travellers and families who want budget-friendly vacations. Other service or activities that may be included in the price is pickup, excursions, meal plans and other services. American or are also commonly accoutred during these packages.

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