Each of your got a today.

Each of your settings (e.g., min prices, max price, min stays) now has two sub-sections:

Before Rules vs. Overrides, you were able to create “Custom Date Rules”.

However, the more time we spent with Revenue Managers, the more we realized RMs were using Custom Date Rules for two very different goals.

However, when RMs updated their rates… they did so by updating their Custom Date Rules… thereby overriding their initial strategy 😞

That meant when next year rolled around, revenue managers had to spend too much time recreating each listing’s revenue strategy.

This pattern led us to update the structure of our Settings Pages in the way you now see - splitting “” from “”, in order to create a safer, faster, and far more scalable way for revenue managers.

Ever want to know how you can more quickly identify revenue opportunities near you?

Well, Chapter 2 of the Wheelhouse Revenue Management Guide has you covered!

Check out this chapter to learn how to leverage data, tools, and processes to identify opportunities to earn more revenue.

🔗 Read Chapter 2 <-- click here!

Did you know you can leverage shapes to accelerate your revenue analysis?

If you take time to learn what ~5 shapes/patterns can tell you about your booking patterns, you can be much more prepared to communicate, more deeply analyze, or adjust your portfolio strategy.

And, you might know that Wheelhouse recently made our Performance (Business Intelligence!) product free to anyone. Leveraging your free performance page will help you get a lot out of this guide.

Create your free account to start leveraging this guide & your free product to start maximizing revenue today!

Adjusting your strategy once you've identified a revenue opportunity.

How to communicate your portfolio strategy and performance perfectly.

Building scalable processes to strengthen your performance.

Ready for an update that can save you a lot of time?

We’ve added the capability to adjust your pricing strategy by a fixed amount ($, €, £, etc).

For example, want to or by ?

Simply click into “Adjust Existing”, select the currency symbol, and add in your update.

Let’s take a minute to talk about the “Adjust Existing” functionality on your calendar pages, and how you & your team can leverage them.

As you likely know, your calendar pages have an “” button.

This feature makes it incredibly easy to make pricing changes across multiple listings/nights in seconds, and is leveraged by users to reduce the time needed to make pricing updates by 90%+.

For example, “Adjust Existing” makes it incredibly easy to lower all upcoming available nights by 10%, and you can make that update across any number of listings, and any number of days, at the same time.

We’ve added the capability to adjust your pricing strategy by a fixed amount ($, €, £, etc).

Want to add or remove $10 to a set of days?

Simply click into “Adjust Existing”, select the currency symbol, and add in your update.

:

Let’s explore how this would work if you selected 2 listings with different rate strategies:

If you choose to “Adjust Existing” down by $10, your output would be:

- However, those prices would still be dynamic / updating daily based on demand.

Now, imagine how powerful this could be across 10, 20, or 100+ listings, at the same time..!

Here’s a 1 minute video illustrating how this works, and why power users of Wheelhouse LOVE this functionality.

Ready for more scalable rate control?

Now, you can grab and convert those rates to Fixed Rates, either (a) or (b) .

Here are three quick tips for how you can leverage this powerful new functionality.

To lock rates on a , simply:

Similarly, on your page, , and adjust or lock all of your selected rates (as shown below):

You are free to lock in any rate you choose:

By default, your rates will be locked, until you delete the “fixed” rate rule that is created.

However, you can also click the “” toggle, to select a future date for this fixed rate rule to expire.

As an active user of Wheelhouse, this functionality will make it some much easier to lock in any aspect of your pricing strategy.

And, if you are , this functionality means to get up and running MUCH faster.

Converting your rates to “fixed” pairs very nicely with your “onboarding” flow, which enables you to:

While we trust you’ll want to migrant most of your pricing over to some amount of data-driven pricing in time, we recognize that getting to know a new system like Wheelhouse can sometimes take time & trust, so we trust you (or your owners!) might value this new capability.

Ready for an easier way to control permissions for your Teammates?

Now you can set up Wheelhouse to automatically set permissions for your teammates, whenever a new listing appears on your account.

As an example, let’s set up Wheelhouse to automatically assign any new listings in Destin to a teammate.

If you (e.g., change the filters), listings that meet the new criteria will automatically appear on your teammate’s accounts.

Therefore, please use caution when adjust segments use are leveraging for Listing Permissions!

As a reminder, Wheelhouse has 4 permissions levels:

Most importantly, remember that all permissions are tied to specific listings.

By default, managers, editors and viewers only access listings they are assigned to.

Ready for a more precise & scalable way to manage your most important date ranges on Wheelhouse?

This update is going to take your revenue management to the next level, and we’re excited to share these capabilities with you (as this was not an easy build!)

Here are the top 4 things to know about your new :

Your new Events & Seasons can be created to handle any important time range.

To create these, visit your on either the Listing or Portfolio Settings views.

Click into to create your first Events and/or Seasons.

Once you have navigated to this section, click “” or “”.

Next, & for any event or season.

For now, the one important distinction to note is:

📽️ How-To Video: Add Events & Seasons

Creating an Event with multiple date ranges over the next 3 years

Now, the real magic begins…

Once created, Events & Seasons are now available as sub-rules on every setting.

Visit any of your settings (e.g. Minimum Prices) and you will now see .

Now, you can quickly customize these important date ranges with exceptional precision.

📽️ How-To Video: Adding Events & Seasons to Settings

Viewing and updating Min Price Rules for all of your upcoming Events

For a long time, your has allowed you to .

Specifically, if you chose to leverage “Rule-Based Seasonality” you could set unique Base Prices, by month.

Now, you create can have its .

This means you have a lot more control when creating your ideal rate strategy.

📽️ How-To Video: Base Price for Events & Seasons

Setting up custom Base Prices for any Season or Event

Yes, you can create Events & Seasons from your Portfolio pages.

Simply scroll over to your Events & Seasons Settings column to create Events or Seasons across multiple listings 🏃‍♀️

📽️ How-To Video: Events & Seasons in Bulk

Filter to a market (or, any view) and add an Event to all the selected listings

Today, we are launching Chapter 1 of the .

📑 → Read Chapter 1 here

Over the last few months, team members at Wheelhouse have been collaborating on creating content that likely reflect the most comprehensive guide ever created for our industry.

It’s designed to help anyone anyone from a beginner to an expert advance their skills in Revenue Management, all within a few short chapters (okay, and some additional practice!)

(Link)

Key terms, concepts, and tips for portfolio organization.

Leveraging data, tools, and processes to identify opportunities to earn more revenue.

Adjusting your strategy once you've identified a revenue opportunity.

How to communicate your portfolio strategy and performance perfectly.

Building scalable processes to strengthen your performance.

And, you might know that Wheelhouse recently made our Performance (Business Intelligence!) product free to anyone. Leveraging your free performance page will help you get a lot out of this guide.

Create your free account to start leveraging this guide & your free product to start maximizing revenue today!

Today, Wheelhouse launched an update to our Pricing Engine (Version 8.3), that will improve your Day of Week pricing recommendations.

We announced this change last week, in conjunction with sharing a new pricing engine preview functionality, to enable all customers to review upcoming pricing engine changes before they go live. Read More here.

This model will only impact your Day of Week pricing strategy.

Therefore, as you likely know, you can quickly adjust or customize your Day of Week strategy from your , either on the listing or portfolio level.

As of today, Wheelhouse has launched a new functionality.

This functionality is designed to help you, your teammates, and other stakeholders better prepare for Pricing Engine updates.

From now on, when updating your Pricing Engine, we will preview your new recommendations on each listing’s Pricing Chart.

For now, we’ve added these previews to the and chart views.

We added the pricing preview to these views as they are the default for almost all customers.

We should note that this is just the first step in our efforts to make it easier for you & your team to handle pricing engine upgrades.

As of now, this functionality allows you to:

In the future, we expect to enable:

We look forward to continuing to invest in this infrastructure for you.

Tagging listing just got much easier. Let’s quickly walk through this new and improved functionality.

📹 Watch a quick demo below

Now you can tags - all within the same interface.

And, when you select multiple listings, you can now quickly see how many listings have a particular tag, and either add or remove that tag from all listings.

When you create or edit tag, that tag will now be clearly visible at the top, as well.

In the past, all tag management was done from your portfolio pages.

Now you can add tags from any listing page, as well.

The new capabilities you have on the portfolio view are mirrored at the listing level, ensuring you can navigate this unified interface with ease.

Thank you for the feedback that helped us on a design turn for this key functionality.

We love any design ideas/work that make Wheelhouse faster and easier to navigate, so we hope you like the updates!