What Is Last Room Availability (LRA)?

Last Room Availability (LRA) is a corporate travel benefit that guarantees business travelers access to the last available room at a contracted hotel rate, even during high-demand periods. This ensures that companies with negotiated hotel agreements always have rooms available at pre-agreed pricing, regardless of occupancy levels.

LRA is valuable for businesses that require consistent hotel accommodations in key destinations, especially in high-traffic cities or during peak seasons. Travel management companies help secure LRA agreements with hotel chains, ensuring employees always have a place to stay without the risk of last-minute rate surges or full bookings.