Where to set a minimum rate
You can set a minimum rate in three places:
Property-wide minimum rate: Set a minimum rate that applies to all room rates in your property
Rate plan minimum rate: Set a minimum rate for a specific rate plan (must be higher than the property minimum rate)
Individual room rate minimum: Set a higher minimum rate for a specific room rate (must be higher than the property minimum rate)
Which minimum rate applies
When more than one is set (at three levels: property, rate plan, and room rate), the room rate is checked first, then the rate plan, then the property.
If a room rate has its own minimum rate, that value applies
If it does not, the rate plan minimum rate applies
If neither is set, the property minimum rate applies, if one is set
About property minimum rate
When you set a minimum rate for your property (in Property settings), 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
You can override the property minimum rate for a specific rate plan or room rate if needed (Rooms and rates > Rate plans).
💡 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.
Add a property 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.
Override the property minimum rate for a rate plan
You can set a minimum rate for a specific rate plan, if needed. It must be higher than the property minimum rate.
Go to Rooms and rates > Rate plans.
Click on the rate plan > select Edit
Under Pricing details, click the lock icon under Minimum rate.
Enter the Minimum rate value.
Click Save.
Note: the rate plan minimum rate will only apply when you update rates in the future, it will not impact existing rates you have already loaded in your inventory.
Override the property's minimum rate for a room rate
You can override the property minimum rate for a specific room rate, if needed. It must be higher than the property minimum rate.
Go to Rooms and rates > Rate plans.
Click on the room rate > select Edit.
Under Pricing details, click the lock icon under Minimum rate.
Enter the Minimum rate value.
Click Save.
Note: the room rate minimum rate will only apply when you update rates in the future, it will not impact existing rates you have already loaded in your inventory.