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What is derived pricing?
Derived prices are rates that are dependent on other rates. The idea behind derived prices is that you, as a hotelier, need to manage less individual rates. A good example for commonly used derived prices are non-refundable rates or rates based on occupancies.

Let's say you have a double room that you offer for 100€ a night. You might want to give a 5% discount for corporate guests who stay alone. Instead of having to manage both rates independently, derived pricing enables you to make the single corporate rate dependent on the standard rate. If you decide to increase your standard rate due to an event in your city, the single use rate will adjust itself accordingly. 

Example of the accommodation set-up:


Example of the channel manager:


Learn how to set it up here!
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