Last minute discounts can help increase bookings for the immediate short term. By default, Wheelhouse will start dropping your listing's price 14 days out and end with a 15% discount one day prior to a date.
Selecting More Conservative will start the last minute discount 21 days out. This setting tends to be optimal for newer listings where there are not a lot of reviews yet.
Selecting More Aggressive will shorten the last minute discount by starting 7 days out.
Setting a Custom Last Minute Discount
Select the specific listing you'd like to set a custom last minute discount.
On the Settings page, click on Last Minute Discounts on the left panel.
Click on the Custom box to the right of the page.
Enter in the desired amount of days and the percentage decrease.
Once added, make sure to save your changes by clicking Save Changes on the upper right.