Historically, the 9-12 month pricing window has proven difficult to price.
Why? During this range of nights, demand signals (prices, bookings, etc.) are often too ‘quiet’ or too ‘noisy’.
Therefore, our data science team has been looking for better ways to protect these nights, particularly to ensure you are never underpriced due to a low data signal.
What’s changing?
Wheelhouse has rolled out a more refined modeling approach - which should start better protecting this time period, immediately.
Overall, you will see more precise pricing recommendations for the 9-12 month time frame and a reduced need to create explicit, manual far-future rules.
What will happen to my listings with automated dynamic pricing?
No need to change anything.
You can visit your listings to review your updated recommendations, anytime.
Have large far-future rules in place?
We recommend checking any listings with far-future rules in place to make sure you're not too overpriced.
We’re excited to improve your Wheelhouse Pricing Engine, and we are looking forward to sharing more major advancements later this year.