The new directive brings forth a series of guidelines aimed at standardising room pricing across distribution channels
The MRR structure has been defined to accommodate different hotel categories: $ 100 for 5-star hotels, $ 75 for 4-star establishments, $ 50 for 3-star accommodations, $35 for 2-star hotels and $ 20 for one-star tourist hotels.
The move comes following the Government issuing an Extraordinary Gazette on 11 September declaring the MRR effective from 1 October.