specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: RateHawk
providerId: ratehawk
created: '2026-06-25'
modified: '2026-06-25'
reconciled: false
tags:
- Travel
- Hotels
- Booking
- B2B
- Reservations
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of RateHawk / ETG pAPI v3 spend. Unlike metered API products,
  cost here is the booked travel inventory: partners pay negotiated net
  (wholesale) rates per confirmed hotel booking and settle under contracted
  deposit / credit terms, while ETG earns the net-to-sell margin. There is no
  public per-call API charge; the unit of spend is the confirmed reservation
  (and any cancellation charges on non-refundable rates). Numeric rates are
  contracted, so this artifact is not reconciled to specific amounts.
notes: >-
  Reconcile against the signed partner agreement and ETG settlement
  statements. Track spend per confirmed booking, currency, and cancellation
  charges rather than per API request.
sources:
- https://www.ratehawk.com/lp/en-us/API/
- https://docs.emergingtravel.com/docs/integration-guide/
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Emerging Travel Group
serviceCategory: Travel and Booking
billingModel:
  pricingCategory: Net-Rate / Wholesale
  billingFrequency: Per Settlement Cycle
  billingCurrency: Multi-currency
  chargeCategories:
  - Usage
  - Refund
  - Adjustment
focusColumns:
  ServiceName: RateHawk pAPI v3
  ServiceCategory: Travel and Booking
  ProviderName: RateHawk
  PublisherName: Emerging Travel Group
  InvoiceIssuerName: Emerging Travel Group
  BillingCurrency: Multi-currency
  ChargeCategory: Usage
  PricingCategory: Net-Rate / Wholesale
meters:
- name: confirmed_bookings
  description: Confirmed hotel reservations billed at the contracted net rate.
  unit: bookings
  aggregation: sum
  dimensions:
  - contract
  - hotel
  - currency
- name: booking_amount
  description: Net amount payable per confirmed booking in the booking currency.
  unit: currency
  aggregation: sum
  dimensions:
  - contract
  - currency
- name: cancellation_charges
  description: Charges applied when cancelling non-refundable or partially refundable rates.
  unit: currency
  aggregation: sum
  dimensions:
  - contract
  - currency
- name: upsell_charges
  description: Optional upsell costs (early check-in / late check-out) added to a booking.
  unit: currency
  aggregation: sum
  dimensions:
  - contract
  - currency
principles:
- name: Visibility
  description: Reconcile ETG settlement statements; track net spend per booking, currency, and cancellation.
- name: Allocation
  description: Tag bookings by partner_order_id and internal cost center / brand.
- name: Optimization
  description: Use Prebook to actualize rates before booking; prefer refundable rates where margin allows; avoid cancellation charges on non-refundable inventory.
- name: Accountability
  description: Assign owners per contract and review booked spend and cancellation losses each settlement cycle.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com