The Average Booking Lead Time metric indicates how many days in advance guests are booking your listing.
Lead Time = The average number of days between the booking date and the check-in date for reservations within a specific time frame.
Knowing your average booking lead time can help you fine-tune your pricing strategy.
Long lead times can indicate that your prices are on the lower end, leading guests to book your place quickly.
Short lead times could indicate that your prices are too high, causing guests to wait for the prices to drop before booking.