What is a rate multiplier?
A rate multiplier adjusts the rate in your Inventory grid before it is sent to a channel (OTA).
A rate multiplier must be set up for each supported channel individually in the channel settings: Distribution > Channels > click on the channel > Channel settings tab > Rate multiplier.
What does a rate multiplier affect?
A rate multiplier only adjusts the base rate in your Inventory grid for the room type and rate plan mapped to the channel.
A rate multiplier does not adjust:
Extra person fees, such as an additional adult rate or single guest discount, configured as part of occupancy-based pricing (OBP) for the channel
Extras, which are priced separately from your room rate
Rates in your Inventory grid will show your rates without the Rate multiplier applied.
Use the simulator tool to check how the rate multiplier will affect final channel rates. The rate multiplier will be applied when rates are displayed to guests.
When to use a rate multiplier
Most channels don't need a rate multiplier because the rate that you set in your Inventory grid is usually the same as the advertised rate on the channel.
For example: if your rates in your Inventory grid include taxes and commissions ("sell" rates), and the channel also expects rates that include taxes and commissions, you don't need a rate multiplier.
When a rate multiplier may be needed:
Your rates set in your Inventory grid include taxes and commissions ("sell" rates), but the channel expects rates without taxes and commissions ("net" rates), as the channel directly adds them on top of the net rate received
Your rates set in your Inventory grid exclude taxes and commissions ("net" rates), but the channel expects to receive rates including taxes and commissions ("sell" rates)
Set a rate multiplier for a channel
To set up a rate multiplier for a channel:
Go to Distribution > Channels.
Find the channel, click the ellipsis button (three dots button) > select Update channel settings.
In General settings, click the pencil edit button.
Enter a value into the rate multiplier field. You can use the simulator to see how your rates will be adjusted and sent to the channel.
If required, add rate multiplier overrides for specific date ranges.
Click Save.
Note:
The rate multiplier value can have a maximum of 18 digits
Example: Enter 1.2 in the rate multiplier field to add 20%
Example: Enter 0.8 in the rate multiplier field to decrease by 20%
Remember: a rate multiplier of 1.0 has no effect on your rates.
Rate multiplier override for specific dates
If needed, you can override an existing rate multiplier to a different value for specific dates.
Go to Distribution > Channels.
Find the channel, click the ellipsis button (three dots button) > select Update channel settings.
In General settings, click the pencil edit button.
Under the existing rate multiplier, click Add rate multiplier override.
Select the date range.
Enter the override value.
Click Save (maximum 5 overrides allowed).
Check your final channel rate
Once you have set up a rate multiplier, check that your rates are displaying correctly on the channel.
To see the final price after a rate multiplier is applied:
Use the rate multiplier simulator in Channel settings > Rate multiplier to preview the adjusted rate before saving. This only applies to the rate in Inventory, not extra person fees or extras
Check the channel's extranet directly. This shows the final price guests see, including any adjustments the channel itself applies
Note: rates in your Inventory grid always show your rates without the rate multiplier applied.
If you have set up a rate multiplier, and your channel rates are incorrect, check:
Does the channel expect to receive inclusive or exclusive rates of taxes and commissions? Contact the channel to confirm
Is the rate multiplier necessary for the channel, and if it is, is it set to the correct value?