|
All payments are made by Direct Bank Transfer to your bank account. You will be paid the month following the guest's departure from the hotel. For example, if a guest stays March 28-April 4, you would be paid in May. Commission payments are calculated on the first day of each month, with payments made by the 15th of the month with the minimum commission payment being US$200. If the amount of commission due is less than US$200, the balance will be carried forward until the minimum payout level is reached. The commission rate depends on the number of booking departures in a calendar month. Booking departures refers to completed bookings where the customer has stayed at and departed from the hotel. All commission is calculated from our net margin on each booking. The following is our standard commission scale: | | | Number of Departures | Affiliate Commission Percentage | | | 1 - 49 | 35% | | 50 – 99 | 37.5% | | 100 – 199 | 45% | | 200 - 999 | 55% | | 1000 + | 60% | |
The formula used to calculate the payment is: | | | | | Commission Paid = (CI - HI - (CI*PP)) * ACP | | | | |
CI= Client Invoice (what the client paid to us)
HI= Hotel Invoice (what we paid to the hotel)
PP= Processing Percentage = 2.6%
ACP= Affiliate Commission Percentage Please note that this scale is subject to change in accordance with the Affiliate Agreement.
|