Best Available Rate (BAR) should be the lowest rate available at a given point in time. It will generally not consider deep discounted promotional rates, negotiated rates, pre paid rates.
Lowest Qualifying Rate (LQR) is a TRIPBAM term. It differs from BAR in a small way. It will track the BAR from the time of booking to the time of check in and report the lowest rate during that period. So it will always be equal to or less than BAR. Thus in comparing a corporate rate it will yield a lower effective discounts when compared to LQR than against BAR
Best Available Rate (BAR) should be the lowest rate available at a given point in time. It will generally not consider deep discounted promotional rates, negotiated rates, pre paid rates.
Lowest Qualifying Rate (LQR) is a TRIPBAM term. It differs from BAR in a small way. It will track the BAR from the time of booking to the time of check in and report the lowest rate during that period. So it will always be equal to or less than BAR. Thus in comparing a corporate rate it will yield a lower effective discounts when compared to LQR than against BAR