The ceiling Rate is the maximum price per night per unit.
Example:
Base Rate: $100
Ceiling Rate Setting: $110
The Published Rate will never sell above $110 per night.
**Does not apply to Length of Stay Pricing**
The ceiling Rate Percent is the maximum percent increase of the base rate, so the selling rate will not exceed the base rate plus the percent increase.
Example:
Base Rate: $100
Ceiling Rate Percent Setting: 25%
The Published Rate will never sell above $125 per night.
**Does not apply to Length of Stay Pricing**