The Average Booking Lead Time lets you know how far your guests are booking in advance.
Lead Time = Average number of days between booking date and check in date for reservations in a time-frame.
Knowing your average booking lead time can help you fine tune your prices.
Long lead time can mean your prices are on the lower end and guests are booking up your place quickly.
Short lead time could mean your prices are too high and guests are waiting for the prices to drop.