Customizations which allow Below Minimum Prices
As explained
in this article,
"the minimum rate is the lowest price a user sets for their listing"—meaning it is the
minimum recommended rate from PriceLabs for that listing, no matter what other customizations are applied.
However, there are certain customizations that act as exceptions to this rule. In these cases, the effect of the Minimum Price is canceled or overridden, allowing the final price to go below the set threshold.
Below, we’ll go over the different customizations that can override the Minimum Price and how they function.
Customizations That Can Override Minimum Price
Date-Specific Overrides (DSO)
- PriceLabs allows you to create Date-Specific Overrides (DSO) to set custom prices for specific dates or date ranges.
- Only a Fixed DSO can override the Minimum Price since you are entering a manually set price.

- When applying a Fixed DSO, other pricing adjustments will no longer apply to that date.
- If you attempt to set a Fixed DSO below the Minimum Price, you will see a warning message. Simply click "Update" to proceed.

- Example:
- If a listing has a Minimum Price of $2,000, but a Fixed DSO of $1,800 is set for a specific date, the override takes effect, and the price will drop to $1,800 instead of maintaining the minimum rate.

Custom Seasonal Profiles
- Custom Seasonal Profiles allows you to define seasonal Minimum, Base, and Maximum Prices for specific time periods throughout the year.
- If a Custom Seasonal Profile is active, it overrides the standard Minimum, Base, and Maximum Prices for that duration.
- Example:
- If you create a Custom Seasonal Profile that sets a Minimum Price of $1,100 from October 1 to October 31, then $1,100 will be the enforced minimum for that entire period—not the listing’s default Minimum Price.

- Note:
- If the Base and Maximum Prices are left blank in a Custom Seasonal Profile, PriceLabs will continue using the listing’s standard rates.

Fixed Last-Minute Prices
- Only Fixed Last-Minute Prices can override the Minimum Price.

- If you apply a % Flat or % Gradual Last-Minute Discount, it will still respect the Minimum Price.
- Example:
- If a listing’s Minimum Price is $1,100, but you set a Fixed Last-Minute Price of $800, the system will use $800 as the final price instead of the minimum threshold.

Pricing Offsets
- The Pricing Offset customization allows you to set a Fixed or Percentage-based discount/premium on top of your listing’s recommended price.
- Since this customization directly modifies the final price, it can reduce the listing price below the Minimum Price.
- Example:
- If a listing’s Minimum Price is $2600, but a Pricing Offset lowers it to $2,340, the system will apply the adjusted lower price.

Weekly & Monthly Discounts
- Weekly and Monthly Discounts are designed to encourage longer stays by providing a price reduction for bookings of a full week (7+ days) or a full month (30+ days).
- These discounts are applied after PriceLabs' pricing recommendations are sent to the connected platform.
- Example:
- If a host applies a 20% Monthly Discount, PriceLabs will continue sending daily rates as usual. However, if a guest books for 30 days or more, the system will apply a 20% discount to the total booking cost.
- Warning:
- Because Weekly and Monthly Discounts are applied on top of PriceLabs' recommended rates, the average daily rate for long-term stays may drop below the set Minimum Price.
Related Articles
Advanced Minimum Price Settings
General Minimum Price Rules Minimum price rules follow PriceLabs’ customization hierarchy, meaning that certain overrides may allow prices to drop below a listing’s set lowest price. When setting a minimum price, you can choose from three options: ...
Pricing Customizations
PriceLabs provides data-driven pricing recommendations for vacation rentals and Airbnb listings to optimize bookings and revenue. However, we understand that hosts and property managers may want to customize pricing based on their preferences and ...
Setting your base price
Base price is the average rate you would charge across the year. It serves as a starting point, with market factors, demand patterns, and customizations applied on top. The base price also reflects the quality of your listing—for example, a luxury ...
Seasonal Pricing Customizations (aka Pricing Profiles)
What are Pricing Profiles and how can they help you? "Pricing Profile" is a feature that we have introduced to solve for specific use-cases for seasonal markets. A "Pricing Profile" is a user-defined set of configuration of Pricing Customizations. ...
Safety Minimum Price
What is Safety Minimum Price (SMP)? The Safety Minimum Price (SMP) is a feature designed to ensure that your minimum nightly rate never drops below a certain threshold. This threshold is based on your historical booking data, specifically the Average ...
Sign up for training
To help you get the most out of PriceLabs, we have training webinars in English, Spanish, Portuguese and French.
Click here to Register.