The Channel Deal feature on Zeevou enables hosts to define commission rates for various booking channels, ensuring accurate reflection of commissions in the Monthly Performance Report (MPR). It automates commission calculations for bookings lacking specific details and applies the correct rates to manual bookings. The feature also prevents overlapping deals for the same channel, property, and time period, maintaining clear and accurate commission records.
A Channel Deal is a predefined commission rate agreement set for various booking channels, such as Booking.com or Airbnb on Zeevou. This feature is crucial for accurately managing and reflecting commission costs in the Monthly Performance Report (MPR).
When a booking is received from a channel like Booking.com or Airbnb, if the booking includes specific commission details, these are directly reflected in the MPR. However, if the booking does not specify a commission, the system automatically calculates it based on the predefined channel deal rates.
This ensures accurate financial reporting and helps hosts understand their net earnings. Additionally, you can create manual bookings, and the system will apply the appropriate channel commission based on the channel deal settings. By defining channel deals, you can avoid discrepancies and ensure there is no overlapping of deals for the same channel, property, and time period, thereby maintaining clear and accurate commission records.