If you want to apply a Rate Type Mark-up for OTAs* to cover processing fees, and you are wondering how those work in partnership with RevMax pricing tools, here are the details.
*OTA: Online Travel Agency - such as VRBO, AirBNB and Booking.com
Rate Process Flow
Standard / Base / Seasonal Rates are created in your PMS. Those are then pushed to RevMax as the Base Rate, which you will see as the bottom rate on the Tape Chart. Pricing rules and dynamic pricing tools are created in RevMax, which will apply to the Base Rate and then show as the "Top Rate" on the RevMax Tape Chart. That Top / Selling Rate is pushed back to your PMS. Your PMS will then apply any OTA Rate Type Mark-up fees before sending out to the OTAs.
Additional Articles you may find helpful:
How do I Create a Coupon in Streamline?
- Here is a link to the Streamline KB Article with instructions on how to create OTA Coupons: Streamline (streamlinevrs.com)
- You can also go into STreamline Help Desk and search "OTA Coupons" to find the KB Article