Variable rate vs fixed rate Just a thought This variable rate concept in everything is just everywhere, I think few decades ago, as business was slow, I think hotels were used to be fixed rate, customer comes books room and stays in fixed rate, Now a days in this online world as demand increases, hotels extract more and more money from clients specially during holiday season. and everyday price keeps changing to increasing according to demand. Same with Airline industry. Luckily it is not the case with most restaurants, still some restaurants do come up with holiday menu only- with increase combined process with 2-3 course items. some keep a la carte menu,some don't or not willing to give. like wise due to huge size of home loan, and interest rate , banks have variable and fixed interest rate , its depends on customers knowledge as per the interest rate cycle going up or down to take the variable rate or fixed rate, again