Room charges = Nightly room rate × Rooms × Nights
Nightly hotel fees = Nightly hotel fee × Rooms × Nights
Estimated taxes = (Room charges + Nightly hotel fees) × Tax rate
Parking = Parking per night × Vehicles × Nights
Total hotel cost = Room charges + Nightly hotel fees + Estimated taxes + One-time hotel fee + Parking
Effective cost per room-night = Total hotel cost ÷ (Rooms × Nights)
Tax assumption: the entered tax rate applies to room charges and nightly hotel fees only. Parking and the one-time hotel fee are outside the V1 tax base. Actual hotel taxes and taxable fees vary by location and property.