TL;DR →
- We are updating & adding metricsto Wheelhouse.
- Our re-names are the foundation of a more structured naming system, so you can find the right metric, faster.
- Most updates are cosmetic. However, we updated the name AND calculationforTotal Revenue. It's better - more details just below.
- Every metric now has a full definition available on hover.
- Yes...!these metrics are all available via the newRM API.
- Review all Metric definitions here.
- This work is setting the table for MANY more metrics
💰 Revenue: Cleaner Names, Cleaner Numbers
Revenue metrics are the ones that matter most for day-to-day decisions, so we've made sure they say exactly what they mean.
Nightly Revenue → Revenue (Rev)
"Nightly Revenue" is now
Revenue
. The definition is unchanged: it's the sum of rent prices for your Nights (Booked) — no fees, no taxes, no security deposits. Just rent. The rename makes it unambiguous as the clean baseline for better revenue management comparisons.Total Revenue → Revenue (+ Fees) — with an important change
This is the one to pay attention to. What was previously called
Total Revenue
is now Revenue (+ Fees)
— and the calculation has changed. Security Deposits are no longer included.Why does this matter? Security Deposits aren't revenue — they're liabilities until a stay is completed and reconciled. Including them in a top-line revenue figure made it harder to use the metric for actual revenue management.
Revenue (+ Fees)
now means exactly what it says: rent + fees, for Nights (Booked). Cleaner input, cleaner analysis.New: Revenue (+ Fees, Taxes)
When you need the full gross number — for owner reporting, accounting, or gross revenue targets —
Revenue (+ Fees, Taxes)
gives you rent + fees + taxes for Nights (Booked). It's a new metric precisely because it serves a different purpose than the management-focused Revenue (+ Fees)
.🗂️ The Naming System: It Reads a Bit Differently — On Purpose
Across the full metrics update, you'll notice a consistent structural pattern: the base concept comes first, and qualifiers follow in parentheses.
For example:
- Occupancy (Adjusted)is the updated name for "Adjusted Occupancy"
- Lead Time (Average)is the updated name for "Average Lead Time,"
- Nights (Booked)is the updated name for "Booked Nights."
Yes, some of these read a little formally. That's intentional.
The structure means that related metrics always sort and group together — everything under Occupancy is in one place, everything under Revenue is in one place, everything under RevPAR is in one place.
When you're scanning a long list of metrics to build a view or a report, that predictability is worth a lot more than a name that flows naturally in a sentence.
A few other naming updates worth knowing:
- Average Nightly Rate → ADR— aligning with industry-standard terminology
- Booking Count → Count (Bookings)andNight Booked In → Count (Booked Nights)— the "Count" family makes these easier to find alongside each other
- Nights (Calendar / Available / Blocked / Bookable / Booked)— all five night-type metrics now share a consistent prefix
📖 Lexicon Page + Hover Definitions
Every metric in this update is documented on the
Metrics Lexicon page
. The long-form name (e.g., "Revenue (Adjusted Occupancy + Fees)") is listed there alongside the full definition.
Inside the product, you'll see the short name and acronym — hover over any metric to pull up the full definition without leaving your workflow.
This is especially useful for less intuitive metrics (we're looking at you, RevPAR (Adj. Occ, +Fees)) where the name alone doesn't tell the whole story.
📃 Metrics & Lexicon Link
To review these updates in full, our Metrics Lexicon page is fully up to date (and offers a few sneak previews)
📃 Updated Metric Name AND Calculation
📃 Updated Metric Name
📃 Unchanged
