Historical Anchoring

All pricing engines take specific data into account, but rarely give you the controls to make decisions based on past or future context.

Now, you will be able to adjust listings based on Model Weights. You have the option to weigh your pricing strategy by current local demand, as well as a brand new weight Historical Anchoring which leverages previous booking data. By anchoring prices to past performance, listings are priced competitively while protecting against underpricing.

Historical Anchoring looks at previously booked dates and allows a weight on how much of that historical booked price you want to follow.

For example, the current price on December 25, 2024, is $500 but on the same day in the previous year, December 25, 2023, you were booked at $1,000. By using the Historical Anchoring weight set at 100%, it will use 100% of the previously booked price, now setting your price at $1,000 for the current year.

For more information on enabling Historical Anchoring, read more in our help center.