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New Hotel Rates Calculation
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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, become rounded up to integer count.
Sell rates calculation example for double room:
(54,95 * 2 - 0) * 0,2 * 1,1 = 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.
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.