helps professionals & portfolios maximize revenue from their short-term rental listings with dynamic pricing, market reports, and CompSet tools.
Now, with Hostify
& Wheelhouse, property owners have another great way to save time, earn more revenue & scale more effectively.
Built by world-class data scientists, the Wheelhouse Pricing Engine analyzes 10 billion data points every night.
Users report seeing up to a 40% increase in revenue when pricing with Wheelhouse over trying to set prices manually, with some writing online that they increase their revenue 100%
Wheelhouse has the longest running pricing experiments in the space – having had a team, led by a PhD Data Scientist – that has collaborated together for more than 6 years. That is extremely rare.
Moreover, it is the only platform that has had their algorithm tested & approved by external marketplaces – as they co-developed their pricing with both VRBO & TripAdvisor’s data science team’s inputs & feedback.
In addition to the performance of the model (which in 2020 increased revenue by 22.6% for the average listing), Wheelhouse has some other strengths.