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A Child Rate is linked to a 'Parent Rate' for ease of Rate Management. As the Parent Rate increases or decreases on a give day or week(s) the Child Rate automatically does so in proportion.  By creating a Child Rate that set as a positive or negative  percentage (%) to a Parent Rate, one can easily manage rate tiers automatically. This is commonly used for CORP (corporate) and AAA rates, for example, which are always 10% off the RACK (default) rates for a room. Use Child Rates to simplify how many rates you need to create and manage on an ongoing basis.For example, a Child Rate set to discount the Parent Rate by -10%, will automatically take %10 off of the Parent Rate when it changes. See Manage Rates to change you daily rates.