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Smart Flags

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TLDR; Wheelhouse just embedded a Revenue Assistant in your account…
Today, we’re rolling out ⛳ Flags, a new way to ensure your success on Wheelhouse.
⛳ Flags are a new alerting system layer that automatically identifies listings with:
  • Missing / Unusual configurations
  • Pacing / YOY performance risks.
  • Settings that are interacting in non-obvious ways
Flags enable you to:
✅ Catch pacing problems before owners do
✅ Spot misconfigurations in a flash
✅ Turn Flags into smart segments that scale your workflows
Examples of Flags
🚩
Configuration
:
Configuration flags appear if you have missed a key configuration (e.g. no Min Price) that will help you succeed.
🚩
Best Practices
:
Best Practice flags ensure you are using our more complex settings (e.g. Historical Anchoring and Far Future Premiums) in a way that will drive performance.
🚩
Performance
:
Performance flags give you an easy way to see properties that are performing below expectations at a glance, such as when revenue or occupancy falling behind YOY… or even when a listing is potentially over performing and you might have room to be more aggressive!
How to Use #1: Add the Flag Column on Portfolio
Currently, 🚩 Flags are surfaced on your portfolio page.
➡️ To see them, simply add the column “flags” from the Column Dropdown.
Whether you’re managing a handful of listings or thousands, flags give you fast, actionable visibility across your portfolio.
How to Use #2: Use as a Filter
Flags can be used as a filter, to customize the views your team sees & can respond to.
➡️ Open your filters column to see “flags” as part of your Listing Status filters, and then select any flag!
How to Use #3: Leverage Flags with Segments
And, because flags are filters, you can easily combine them with any other attributes to create a saved Segment.
➡️ Simply select a flag and a filter to create a dynamic (always up to date) view for your portfolio
What’s Next?
We’re just getting started down this product path.
Coming soon:
  • More powerful, insightful flags
  • The ability to create your own flags
  • Flags visible directly on your Dashboard
  • And much more
Flags are just the beginning of the
Wheelhouse AI Revenue Management
. We can’t wait to keep building this future with you.
Looking to learn even more about Smart Flags? Check out our in-depth article here: Smart Flags
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Wheelhouse settings have always included a
Default Minimum Price
and a
Minimum Stay
.
However, those defaults were intentionally designed to be overridden by custom rules—like monthly, weekly, or time-based settings.
Today, we’re introducing
Absolute Minimums
: a new layer of protection for your minimum pricing and stay requirements—
rules that can never be broken
.
With Absolute Minimums, you can now create non-negotiable price and stay floors that are enforced no matter what other rules or changes are applied.
Whether your pricing floors are driven by
owner agreements
,
HOA restrictions
, or
city regulations
, you can now lock them in with confidence—no workarounds, no surprises.
Create Absolute Mins at the Listing or Portfolio Level
Absolute Mins can be created at both the listing or portfolio level.
To add from the Portfolio Settings Page, simply:
  1. Select 1+ listing
  2. Click Min Price or Min Stays
  3. Scroll down to see the Absolute Mins
  4. Create, and click “Add New”
Visibility from your Calendar
Once an Absolute Minimum Price is set, you’ll see a new 🧱 icon on your calendar whenever
pricing reaches that floor
.
Why it Matters? Safety AND Speed!
Yes, Absolute Minimums offer essential protection—especially when owners or regulations set hard limits on price or stay length.
But they also unlock faster workflows.
With your floor in place, you can confidently adjust pricing on the calendar, knowing it will
never drop below your protected minimums
.
The Result?
More than just control—this update helps you protect:
  • Your rules
  • Your relationships
  • Your revenue
All while ensuring your most critical price and stay requirements are always enforced.
Each of your
settings
got a
major update
today.
Each of your settings (e.g., min prices, max price, min stays) now has two sub-sections:
  • Rules →
    Where you build your initial pricing strategy.
  • Overrides →
    Changes you make as stay dates approach.
Story Time!
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.
  1. Building rate plans
    - based on owner preferences, past experience, risk profiles, etc
  2. Updating rates
    - based on actual performance
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 “
rules
” from “
overrides
”, in order to create a safer, faster, and far more scalable way for revenue managers.
The Result?
  • Faster, easier navigation in the Calendar (You can make updates from your calendar, and never worry about your rules being overwritten)
  • You can build out long-term strategies once and reuse them much more easily year-over-year
  • You can preserve your strategic adjustments much more clearly — so you can analyze what worked (and what didn’t) faster!
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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!
One must-read section? Shapes can lead you to Revenue?
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.
Education + Free Access to Wheelhouse 👀
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!
Coming Next!
Chapter 3: Intervene
Adjusting your strategy once you've identified a revenue opportunity.
Chapter 4: Communicate
How to communicate your portfolio strategy and performance perfectly.
Chapter 5: Processes
Building scalable processes to strengthen your performance.
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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
increase
or
decrease
prices
by
$10
?
Simply click into “Adjust Existing”, select the currency symbol, and add in your update.
Let’s take a minute to talk about the “Adjust Existing” functionality on your calendar pages, and how you & your team can leverage them.
V1: Quick Adjust by Percent (%)
As you likely know, your calendar pages have an “
Adjust Existing
” button.
This feature makes it incredibly easy to make pricing changes across multiple listings/nights in seconds, and is leveraged by users to reduce the time needed to make pricing updates by 90%+.
For example, “Adjust Existing” makes it incredibly easy to lower all upcoming available nights by 10%, and you can make that update across any number of listings, and any number of days, at the same time.
New Today! Quick Adjust by Specific Amount ($, €, £, etc)
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.
Example
:
Let’s explore how this would work if you selected 2 listings with different rate strategies:
  • Listing 1 has fixed rates, with a price of $150 for the days you selected.
  • Listing 2 has dynamic rates, taking Wheelhouse’s recommendations with prices varying from $100 to $190
If you choose to “Adjust Existing” down by $10, your output would be:
  • Listing 1 would have $140 locked in as the new fixed prices
  • Listing 2 would show a new price, and a “% decrease” on each day.
- 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..!
Want to double click on the difference of “Set New” vs “Adjust Existing”? 🧐
Here’s a 1 minute video illustrating how this works, and why power users of Wheelhouse LOVE this functionality.

new

Portfolio

Settings

Calendar

Quick Convert to Fixed Rates 🔐

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Ready for more scalable rate control?
Now, you can grab
any range of nights
and convert those rates to Fixed Rates, either (a)
permanently
or (b)
until a date you select
.
Here are three quick tips for how you can leverage this powerful new functionality.
1. Leverage across 1 to 1,000 listings 🚀
To lock rates on a
single listing
, simply:
  • Visit any listing calendar
  • Select any day or date range
  • Adjust by a % or $ amount
  • Toggle “Convert to Fixed
Similarly, on your
portfolio calendar
page,
select any number of listings
, and adjust or lock all of your selected rates (as shown below):
2. “Adjust & Lock” - or - “Lock Current” Rates
You are free to lock in any rate you choose:
  • Adjust your rates by a
    specific dollar amount
    (e.g. -$10)
  • Adjust your rates by a percentage (e.g. -5%)
  • Or, adjust by “$0” or “0%” to lock in your current prices.
3. Lock Permanently - or - Set Expiration Date
By default, your rates will be locked, until you delete the “fixed” rate rule that is created.
However, you can also click the “
Set Expiration Date
” toggle, to select a future date for this fixed rate rule to expire.
Management & Onboarding made easy!
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
new to Wheelhouse
, 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:
  • Import any range of your existing prices into Wheelhouse
  • Freeze in place your pricing for the next 14, 30, 90 days (or, any date range)
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.
Example: Auto-Assign listings, via a “Market” Segment
As an example, let’s set up Wheelhouse to automatically assign any new listings in Destin to a teammate.
Auto-Assigning, for an existing Segment:
  • Simple visit your
    Teams Setting Page
    , and assign them to 1+ Segments.
  • Now, whenever a new listing is created in that market, it will
    automatically appear
    on your teammate's account.
Auto-Assigning, for a new Segment:
  • Filter your portfolio view, via the
    market filter
    (e.g Destin)
  • Create a
    Segment
    to save this view
  • Visit your
    Teams Setting page
    , to
    assign a teammate
    to that Segment
Updating a Segment/Permissions
If you
update a segment
(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!
Permission Levels (Reminder!)
As a reminder, Wheelhouse has 4 permissions levels:
Admin
  • Owns the account
  • Can invite teammates
  • Can set billing
  • And, all the below
Manager
  • Can add/remove teammates
  • Can edit any rate/setting
  • And, all the below
Editor
  • Can edit any rate/setting
  • And, all the below
Viewer
  • Can view data for all assigned listing
  • Can preview - but not change - settings & rates
  • Can add notes and reminders
Permissions are set at the Listing Level
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
finally
share these capabilities with you (as this was not an easy build!)
Here are the top 4 things to know about your new
Events & Seasons Configuration
:
#1 Highly customizable Events & Seasons
Your new Events & Seasons can be created to handle any important time range.
  • One time
    : Create an easy way to manage an upcoming festival or one-off event
  • Multi-Year
    : Or, create an event that includes the next 3+ years for a major holiday
  • Year-over-Yea
    r: Or, create an event or season that repeats year-over-year
To create these, visit your
Events & Seasons Configuration
on either the Listing or Portfolio Settings views.
Click into
Events & Seasons
to create your first Events and/or Seasons.
Once you have navigated to this section, click “
Add Event
” or “
Add Season
”.
Next,
add a name
&
build out date ranges
for any event or season.
For now, the one important distinction to note is:
  • Seasons can not overlap other Seasons.
  • Events can overlap Seasons, and even overlap other Events
Example Image:
Creating an Event with multiple date ranges over the next 3 years
#2 Instantly available across every Setting 🥳
Now, the real magic begins…
Once created, Events & Seasons are now available as sub-rules on every setting.
  • Want to set a
    Minimum Price
    for
    all major Events
    ?
  • Or, activate
    Historical Anchoring
    for
    High Season
    ?
  • Or, lower your
    Minimum Stays
    policy for the
    Shoulder Season
    ?
Visit any of your settings (e.g. Minimum Prices) and you will now see
Event & Season sub-rules options
.
Now, you can quickly customize these important date ranges with exceptional precision.
Example Image:
Viewing and updating Min Price Rules for all of your upcoming Events
#3 Customizable Base Prices for every Event or Season 😍
For a long time, your
Seasonality Setting
has allowed you to
modify your Base Price
.
Specifically, if you chose to leverage “Rule-Based Seasonality” you could set unique Base Prices, by month.
Now,
every Season or Event
you create can have its
own Base Price
.
This means you have a lot more control when creating your ideal rate strategy.
Example Image:
Setting up custom Base Prices for any Season or Event
#4 Create across 1 to 1,000+ listings
Yes, you can create Events & Seasons from your Portfolio pages.
  • Setting up a market with an Event or Season?
  • Or, just hear of a soon-to-be announced event that will impact a particular neighborhood?
  • Or, want to create a Seasonal Min Stay rule for your larger homes?
Simply scroll over to your Events & Seasons Settings column to create Events or Seasons across multiple listings 🏃‍♀️
Example Image:
Filter to a market (or, any view) and add an Event to all the selected listings
Additional Functionality Notes:
Your current setup still works perfectly!
  • When you create a new Event or Seasons, they will interact seamlessly with your existing Sub-Rules
  • If you have rule-based Seasonality setup currently with month-specific pricing, when you add an Event or Season, these will/can overlay your existing monthly rules
  • Of course, you can remove your Monthly Rules and leverage only Seasonal/Event rules, as well.
You can stack Events on Seasons
  • As noted above, Events can stack on Seasons. For example, you could create a Winter Ski Season, and quickly setup a 4 night Min Stay policy
  • Then, you can create a Winter Holiday Week which overlaps that season, and enforces a 7 night Min Stay.
  • And, Events can even stack on Events (perhaps for a major festival where you want to protect the week AND the weekend, even more so)
  • Seasons can not overlap with - or stack on - another season… a configuration decision we stand by :)
You can Copy/Paste Events & Seasons
  • Have a new listing?
  • From the Portfolio Settings Page, you can quickly add your Events & Seasons to this new listing.
  • Simply select an existing listing, and click the “Copy Settings” to add existing Event & Seasons to the new listing.
  • You can event copy Sub Rules (e.g. “Min Stays for New Years Eve”) as well.
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Chapter 1: Wheelhouse Revenue Management Guide
Today, we are launching Chapter 1 of the
Wheelhouse Revenue Management Guide
.
Background:
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!)
Chapter 1: Foundation
(Link)
Key terms, concepts, and tips for portfolio organization.
Coming Next!
Chapter 2: Identify
Leveraging data, tools, and processes to identify opportunities to earn more revenue.
Chapter 3: Intervene
Adjusting your strategy once you've identified a revenue opportunity.
Chapter 4: Communicate
How to communicate your portfolio strategy and performance perfectly.
Chapter 5: Processes
Building scalable processes to strengthen your performance.
Education + Free Access, FTW 🚀
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!
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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.
Visualizing current & upcoming pricing engine results in the Calendar Pricing chart
Expected Model Impact:
  • This update will
    better calibrate
    your
    Day of Week
    pricing
  • For almost all listings, you will see
    more variance
    between your
    weekday vs. weekend
    prices.
  • For almost all listings,
    weekday prices
    will
    decrease
    , and
    weekend prices
    will
    slightly increase
    .
Want to change your Day of Week Settings?
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
Settings views
, either on the listing or portfolio level.
Adjusting a Day of Week Setting
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