A Child Rate is setup under a Parent Rate Plan which means it is "linked" to the Rate of the Parent Rate Plan.Therefore, the daily rate of a Child Rate Plan will always be calculated from the Parent Rate and can not be changed in Manage Rates. Child Rates are typically used to give automatic discounts for special rates like AAA or to increase rates to individual channels like OTA or Agents.
However, the Child Rate Plans can have unique restrictions from the Parent Rate it is linked to. This is useful if you want to offer a discounted rate only on specific days or with specific MINLOS, etc. For example, you want to offer a Weekday Special (15% Discount Monday-Thursday with a 2 night minium). A Child Rate Plan is set up with -15% entered in the Adjustment. In Manage Restrictions, "Arrival" is checked for Friday, Saturday, Sunday and 2 is entered in MINLOS.
All changes to Child Rate Plan Restrictions are made in SETUP | RATE | MANAGE RATES after a Child Rate Plan is created.
These Rate Plan Restrictions are updated to your rates in all channels that you have the rate plan allocated to. For example, when "Closed" is checked for a specific date, then it will be unavailable for arrival on your website, GDS/OTA Channels.
If you want to edit the percentage or description of Child Rate, go to SETUP | RATES | DEFAULT RATES.
There are four settings for Child Rate Restrictions:
Please note the difference between using "Arrivals" and "Closed".
"Arrivals" effectively closes the Rate Plan and makes any Room Type it is assigned to unavailable to arrival on your website, GDS and Front desk.
"Closed" makes any Room Type it is assigned to unavailable for bookings on your website, GDS and Front desk.
All changes Restrictions are made in SETUP | RATE | MANAGE RATES