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RevPAR: What it means, how to calculate it, and a good RevPAR index

Owning a hotel or other short-term rental property can be a safe investment, but it’s not free of uncertainties. And since the pandemic shook the travel industry, the slow return of tourists has led to more cautious property managers (though occupancy numbers have been returning to pre-pandemic times). Property and revenue managers are increasingly relying […]

November 6, 2022 | BY Hailey Friedman

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10+ Top Mid-Term Rental Platforms & Operators [2022]

Today’s short-term property managers are seeing an uptick in longer stays. You’ll always have the weekenders, but the industry is seeing more and more one-month, three-month, or even six-month visits as of late. These are considered mid-term and mid-length stays: tenants that stay at your property for longer than a month, and often for multiple […]

November 3, 2022 | BY Hailey Friedman

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19+ Best Airbnb Management Companies [2022]

Have you ever used Airbnb to find guests for your vacation rental? You’re not the only one. The platform has over 4 million hosts and it continues to grow. No wonder the vacation rental industry surpassed $15 billion in 2021! But the passive income and financial freedom that comes with property rentals doesn’t come free. […]

October 28, 2022 | BY Hailey Friedman

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Vacation Rental Property Management: Everything You Need to Know

The vacation property management rental market is worth a whopping $74 billion. Plus, some Airbnb owners make well over $1 million annually through renting out vacation properties. But before you step into the market, you’ll need a management plan. That’s where vacation rental management companies come in. You can sit back and relax while your […]

October 25, 2022 | BY Hailey Friedman

Dynamic Pricing Pricing Engine

Which pricing approach is right for you?

3 weeks ago, Wheelhouse launched Hybrid Pricing. Hybrid Pricing is a new approach to dynamic pricing, designed to greatly expand your revenue management toolset. Importantly, Hybrid Pricing enables to you to leverage (…)

October 18, 2022 | BY Andrew Kitchell

Dynamic Pricing Pricing Engine

Far Future Pricing

At Wheelhouse, our pricing engine relies on both pricing data & booking data to price listings perfectly. In a low, normal or rich data environment, we believe this approach is by far the most effective approach to pricing supply. However, in the far-future , there is a risk of being in a very-low data environment(…)

October 18, 2022 | BY Andrew Kitchell