In this lesson, we will explain how the payment and rates work for Hotel Stay International. They form a part of our travelbook 15 and 20 group of channels.
15% Group
- Deposit amount will be according to your deposit policies as setup on NightsBridge.
- Hotel Stay International gets 15% commission on Bookings.
- Of the total 15% commission - they give 10% to their members who book.
- The rate you are seeing on the booking is already discounted by 10%. A further 5% will be deducted by PayBridge and paid to Hotel Stay International.
- Balance of accommodation due will be settled by the guest directly at the property.
- NightsBridge will deduct the deposit via the payment system PayBridge, hold back the Marketing Channel’s commission and pay the balance to you the accommodation provider (property).
We deduct the following from the payment:
- 15% commission plus credit card and bank transfer fees.
Breakdown of payment received can be found on Payment Recon http://bit.ly/NBpayments.
20% Group
- Hotel Stay International (Part of the TravelBook 20% group)
- Deposit amount will be according to your deposit policies as setup on NightsBridge.
- Hotel Stay International gets 20% commission on Bookings.
- Of the total 20% commission - they give 15% to their members who book.
- The rate you are seeing on the booking is already discounted by 15%. A further 5% will be deducted by PayBridge and paid to Hotel Stay International.
- Balance of accommodation due will be settled by the guest directly at the property.
- NightsBridge will deduct the deposit via the payment system PayBridge, hold back the Marketing Channel’s commission and pay the balance to you the accommodation provider (property).
We deduct the following from the payment:
- 20% commission plus credit card and bank transfer fees.
Breakdown of payment received can be found on Payment Recon http://bit.ly/NBpayments.