Customizing your pricing strategy

How to optimize your listings to achieve your goal

22 articles in this collection
Written by Vu Huynh and John Pondoc

Pricing Engine Overview

How does Wheelhouse understand my unique property?

What attributes does Wheelhouse look at?

Written by Vu Huynh
Updated over a week ago

How does Wheelhouse understand my neighborhood and local demand?

What if my listing is in a large city or far from downtown?

Written by Vu Huynh
Updated over a week ago

Will Wheelhouse simply decrease or increase all my prices?

Written by Vu Huynh
Updated over a week ago

Can Wheelhouse help improve my occupancy levels?

Written by Vu Huynh
Updated over a week ago

How does Wheelhouse analyze my booking history?

I've had my listing for a long time. Does Wheelhouse look at historical prices?

Written by Vu Huynh
Updated over a week ago

Do my taxes and other fees impact my price recommendations?

Cleaning fees, extra guest fees, security deposits, taxes, etc.

Written by Vu Huynh
Updated over a week ago

How does Wheelhouse Pricing impact my guests?

Written by Vu Huynh
Updated over a week ago

Why are my Wheelhouse Pricing recommendations different across channels for the same listing?

Why am I getting different pricing recommendations on Airbnb, TripAdvisor, and the other channels I use?

Written by Vu Huynh
Updated over a week ago

How often does Wheelhouse Pricing update my prices?

How long does the sync take to update prices on my listing's channel?

Written by Vu Huynh
Updated over a week ago

For a listing on one channel, does Wheelhouse account for listings on other channels?

Does Wheelhouse compare my Airbnb listing to listings on TripAdvisor?

Written by Vu Huynh
Updated over a week ago

Understanding your Base Price

What is a base price?

I noticed each of my listings have a base price. How is it calculated?

Written by Vu Huynh
Updated over a week ago

How do I manually change my base price

I want to create a custom base price for a specific listing.

Written by Vu Huynh
Updated over a week ago

I set a custom base price. What adjustments does Wheelhouse make to my calendar?

If I make my own base price, how will my calendar prices adapt and adjust over time?

Written by Vu Huynh
Updated over a week ago

What's the difference between the base price and the minimum price?

Written by Vu Huynh
Updated over a week ago

Fine-tuning your pricing strategy

How do I set a minimum and maximum price?

I don't want my prices to ever go below or above a certain price.

Written by Vu Huynh
Updated over a week ago

How do I set a minimum stay?

Does Wheelhouse account for orphan nights?

Written by Vu Huynh
Updated over a week ago

How do I create a long term discount?

I want to provide a discount to guests for longer stays.

Written by Vu Huynh
Updated over a week ago

How do last minute discounts work?

I want to incentivize guests with a discounted rate for open dates that are coming up soon.

Written by Vu Huynh
Updated over a week ago

How do I customize weekend prices?

My weekend prices are always different than my weekday prices. How do I set a custom price for the weekends only?

Written by Vu Huynh
Updated over a week ago

How do I adjust prices for different times of the year?

My market has high and low seasons and my prices fluctuate drastically.

Written by Vu Huynh
Updated over a week ago

What's the difference between Aggressive, Recommended and Conservative strategy?

There are a few features on the Strategy page that have these settings.

Written by Vu Huynh
Updated over a week ago

How does Far Future Premium work?

I want to increase my pricing for future dates beyond a certain number of days from the current date, so I won't get bookings at low rates.

Written by John Pondoc
Updated over a week ago