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 adjusts 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, and 90 days against your market.
What does the score mean?
A score of 80 is about average, and anything above that means you are beating the expected revenue for your market. A score of 99 really exceeds expectations! This 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 suited for users with many listings connected to Wheelhouse who want to quickly identify which listings need the most immediate attention.
For a more in-depth analysis of your listing performance, check out the Performance tab for any individual listing.