More than Occupancy
Purely tracking booking pace is a good start, but 'health scores' that only look at occupancy are imperfect because they don't take the bigger picture into account (i.e. revenue). You might be completely booked up but leaving a lot of money on the table. That is not intelligent revenue management.
Wheelhouse tracks the health and performance of your properties, and automatically adjust prices accordingly.
Calculating your Revenue Score
The proprietary Wheelhouse Revenue Score is calculated by comparing your revenue on the books for the next 30, 60, 90 days vs. your market.
What does the score mean?
A score of 70 is about average, and anything above is beating the expected revenue for your market. 100+ is really exceeding expectations! That means you always have a window into the health and performance of your listing.
Interpreting the Revenue Score
The Revenue Score is a high-level evaluation of how listings are performing relative to the market and other listings in your portfolio. It is best served for users who have many listings connected to Wheelhouse and want to quickly sort by the listings that need the most immediate attention.
For a more in-depth analysis of your listing performance, check out the Performance tab for any individual listing.