====== New Hotel Rates Calculation ====== Hotel rates per per room per night are calculated according to the formulas: * **Net** = Net Rate * x - Net Discount (where x is number of maximal count of person on room, x = 1 in single room, x = 2 in double room and etc.) * **Sell** = Net * Exchange Rate * Mark Up **Net Rates** are displayed in the local supplier currency. //Net Discount// is defined per a contract. //Mark Up// is taken from Company Settings by default, but can be assigned specifically per a contract. **Sell Rates** are displayed in travel agency currency, per booking period per room and become rounded up to integer count. **Sell rates calculation example for double room:** {{:userdocs:travelwise:calculations:new_hotel_rate_sell_rate_calc_example.png?700|}} (54,95 Net Rate per Person * 2 People - 0 Discount) * 0,2 Exchange Rate * 1,1 MarkUp * 1 night = 24,178 = 25 Net price, Exchange rate, Breakedown are taken from booking period. In case when booking period include the periods with different Exchange Rates, Net Prices or Breakdowns: prices calculate per each nights and summarize. In case when there are different contract prices for periods: 01.01.2018 - 02.02.2018 and 02.02.2018 - 28.02.2018 and booking dates are from 01.02.2018 to 02.02.2018 The price will be taken from the first period (by the checkin date). Exception: Custom Sell Rate, which is never rounded and is sold in exact price **Breakdowns** in pricing can occur due to Promotions or other kind of rates change within the booking dates.