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:

(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.