Improvement to Booking.com's net Base Rate
Currently, the Base Rate corresponds to the price guests pay just for the accommodation. On top of this, taxes, fees, or damage deposits can be added. Booking.com however, for some cases reports Base Rates that already include taxes or fees (it can be detected by checking reservation fees included in the hotel type). This can be problematic because there is no real way to have a standard base rate for Booking.com reservations across all Hostaway users which makes using formulas and making calculations more complicated.
From the 1st of January 2023, we will start calculating the net Base Rate for Booking.com reservations when we detect that the OTA is including some taxes or fees in it and we'll show these fees and taxes as part of the price breakdown.
What does this mean?
After the 1st of January, you may need to review how your current formulas are set and edit them or create new ones for 2023 based on your needs so they start considering taxes or fees that were before included in the Base Rate. The good news is that any Booking.com reservation with check-in during or after the 1st of January 2023 will have a "net" Base Rate that means the same as it does for other channels. The total price will not be affected by this.