You can set a minimum rate for all your rooms. This is optional, but once set, it prevents users from listing rooms below that value.
Here’s how it works:
If the minimum rate is set at 250, this means users cannot set a room rate for less than 250.
Any discounts managed through Channel Manager cannot lower the pricing below the minimum rate.
Example:
Your property has a minimum rate of 90.
You have two room rates Refundable and Non-Refundable.
The Non Refundable rate is 20% cheaper than the Refundable.
On a specific date, Refundable is 100.
On that same date the Non Refundable should be 80. However, the minimum rate is 90, so the Non-Refundable will be set to 90 instead.
Note: Discounts or promotions set directly on booking channels will override the minimum rate, since the Channel Manager has no control over these.
How to set up or edit a minimum rate
Click on your Property Name > Property settings
On the General tab, enter a Minimum Rate in the field
Click Save
Notes:
The value displayed will be in your local currency. If you have enabled currency conversion, the value displayed will be in your base currency.
Rates in your Inventory should not be below the minimum rate.