Important
When changing the Guarantee, Cancellation and No-Show policies, always consider the priority order in which rooms and rates are affected. 

Item Level

Affects the selected room at all rate levels:

Rate/Item Intersection

Affects the selected room linked to a selected rate:

Rate Level

Affects all rooms linked to the selected rate:

Rate Setup

Overrides policies set up in Item Setup and Preferences:

Item Setup

• Overrides policies set up in Preferences.

Preferences

Includes all the Default policies. These apply when no there policies are set at any other level: