When using the pricing per period model, a concept very close to horizontal rate groups is that of rate regions, however there are some differences between them and this is what we show in the following table:
Horizontal Rate Groups | Rate Regions |
---|---|
They serve to import daily rates prices after setting up the rate structures. | They serve to set up rate structures and the registration of the daily rate price takes place at a later time. |
In this model, the listings can be from different locations, the only restriction being that the listings to be chosen are not "children" of another rate group. | When setting up a horizontal rate group of the [Import prices only once] type, it is necessary that the listings are part of the same rate region, as this will influence the result of daily rates importations. |
When choosing the [Clone prices permanently] option, the "child" listing will automatically assume the rate region of the "parent" listing. |
Now that you know the difference between the two tools, check out more information about horizontal rate groups in the link below: