About property minimum rate
When you set a minimum rate for your property, room rates cannot be set below that value. This applies to:
All room rates in your SiteMinder platform
Rates distributed to your connected channels
Rate adjustments from discounts in your SiteMinder platform
💡 Note: If channels apply their own discounts or promotions directly, these will override your minimum rate setting, as they are managed outside of your SiteMinder platform. If you manage promotions directly in your channels, set up minimum rates in your channels too.
Channel rates are adjusted and applied after the minimum rate is set (for example, any adjustments for Currency conversion, Rate multiplier, Single guest discount, Occupancy based pricing).
For derived rates with discounts (such as discounted non-refundable rates), the minimum rate will override any prices that fall below it.
💡 You can override the property minimum rate for a specific room rate if needed.
Add a minimum rate
To set or edit a minimum rate for your property:
Go to your property name > Property settings.
Click the General information tab.
Click the pencil edit icon next to Inventory, then enter your Minimum rate value.
Click Add minimum rate to add a value for each currency you use.
💡 Note:
Each currency can have a different minimum rate value.
You can override the property minimum rate for a specific room rate, if needed.