Switching the pricing engine can have a big impact on how your listings are priced. This setting helps you understand the upcoming pricing engine release, what makes it different, and lets you review your pricing before making the switch—so you know what to expect.
What is a Pricing Engine?
A pricing engine is the main system that generates price recommendations for your listings.
It analyzes multiple data points, such as booking behavior, demand patterns, and market data, and then applies your pricing settings like Seasonality, Day of Week, and others to produce the final price for each calendar date.
With this setting, Wheelhouse gives you the flexibility to preview your prices using the available pricing engines before the latest engine goes live, or to become an early adopter by making the switch now.
Reviewing the Pricing Engines
To preview the full comparison between the current and the newer pricing engine, you can navigate to the Settings of your listing. It’s located just above the Base Price setting.
Price Comparison
The Price Comparison chart lets you view the price differences between your current engine and the available opt-in engine across your calendar. With this section, you can:
View where your prices are higher or lower between the two engines.
Identify the price patterns.
Understand the differences around weekends, seasonal periods, and events.
Engine Statistics
The Engine Statistics section gives you a high-level summary of how each pricing engine prices your listing. Here, you can compare:
Average Price: the average nightly rates across the calendar.
Price Range: the lowest and highest prices.
Price Volatility: how much the price fluctuates.
This summary helps you understand the overall pricing behavior, not just the differences at the individual date level.
Biggest Price Differences
The Biggest Price Differences section highlights the largest differences between the engines within a specific date range. Each row shows:
The date range.
The percentage difference; increase or decrease.
This helps you see the dates that were most impacted, which may fall on holidays, peak seasons, or lower-demand periods. You can also view each difference highlighted with the same color label and percentage directly on the Price Comparison chart.
How to Switch Between Pricing Engines
There are two ways you can switch between the current and the newer pricing engine: at the listing level or at the portfolio level.
Making Changes at a Listing Level
On the listing level, you can go to your individual listing’s Settings and choose an option under the Select Pricing Engine section.
When switching to another model, you can confirm your selection by clicking the Save Change button.
Switching Back?
You can switch back to the older engine by following the same steps: select the older Blended Model and then save the change.
Making Changes at a Portfolio Level
You can also review each engine in bulk from the Portfolio Engine Version page. On this page, you can get a high-level overview of the pricing differences between the engines and review those differences in bulk.
Understanding the Numbers
This section provides a quick comparison between our current engine:
Blended Model v8.3 (Current Engine): currency colored in black.
Blended Model v9.0 (Newer Engine): currency colored in blue.
Price Difference: percentage colored in red.
Pricing Engine Comparison Summary
You can also view the price comparison chart at the portfolio level. First, select one or multiple listings, then click the bottom bar to pull up the chart.
With this chart, you can view high-level price statistics and compare prices between engines. If you selected multiple listings, the values will be aggregated, showing the minimum, median, maximum, and average values for each engine.
Switching Between the Pricing Engines
Once you’re ready to upgrade to the newer engine, you’ll first need to select a listing or multiple listings, then click the Change Price Model button. A new section will slide show up.
Here you can select which pricing engine you’d like to apply to your selected listings, then click Update Listings to confirm your selection.
You can also switch back to the engine you used before by following the same steps. To check which pricing engine you’re currently using for your listings, you can refer to the Engine Version column.
Availability Timeline After Full Adoption
We will fully adopt the new pricing engine, Blended Model v9.0, and will no longer use the current v8.3 engine. The Blended Model v8.3 will remain available for at least 90 days.
During this period, you can still preview pricing differences between the current and the newer engine if needed. After this window, the Blended Model v8.3 may be deprecated.
The Available Pricing Engines
We currently provide two pricing engines: the current engine and the upcoming engine release, as outlined below.
Blended Model v8.3 (Current Engine)
This is the current pricing engine powering all Wheelhouse's account by default. In this engine we:
Blend demand forecasts with historical market pricing.
Put more weight on price-based signals, such as market medians and past price multiples.
Use broader Seasonality and Day of Week patterns.
Are more sensitive to far-future bookings and perceived excess demand.
In short, this engine delivers stable pricing, though in some markets it may require additional tuning or manual adjustments.
Blended Model 9.0 Beta (New Engine)
This is the new engine available for early adoption.
The biggest difference and improvement between the current engine and this one is that it focuses more on observed booking behavior rather than relying heavily on market price averages.
The pricing is driven more by booking behavior than by market price averages.
Demand is broken down into clearer components.
The baseline prices are more accurate before your settings are applied.
With a stronger foundation in this new engine, your existing pricing settings should work more as expected and usually require fewer manual adjustments.
Questions About Our Pricing Engines?
Please feel free to reach out to our chat support team if you’d like to learn more about switching pricing engines or how to navigate the settings. We’ll be happy to help.















