Hotel Rates Calculation

Hotel rates per person per room per night are calculated according to the formulas:

• Net = Net Rate - Net Discount
• 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, integer, become rounded to the nearest 5.

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.

Breakdown rates calculation examples:

1. ((2 * 100) + (3 * 75) + (2 * 100)) / 7 = 89,29

2. (2 * 50) + (3 * 45) + (2 * 50) = 335

3. ((2 * 485) + (3 * 440) + (2 * 485)) / 7 = (465,71) round = 470

4. (115 * 7,75 * 1,25) = (1114,06) round = 1115