If I Accept Bookings in a Currency Other Than the US Dollar, How Do I Pay Commissions?

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If I Accept Bookings in a Currency Other Than the US Dollar, How Do I Pay Commissions? Posted by Jeff Tweddale on 09 Jan 2008 05:57 PM
If I Accept Bookings in a Currency Other Than the US Dollar, How Do I Pay Commissions? BookingCenter automatically translates the currency that a booking was BOOKED into the US Dollar - at the Federal Reserve Rate that day - when we generate the statement, on the month following checkout. So, currency fluctuations are sometimes in the property's favor, sometimes in BookingCenter's. It is fair - there is no 'market timing'.