Metrics Lexicon

The definition for the metrics you leverage in the Wheelhouse Platform

Asking Rate

The current average price of your Nights (Bookable), excluding fees.

Example

$88.20

*NEW Asking Rate (Available)

The current average price of your Nights (Available)

Example

$92.20

*New Asking Rate (+ Fees)

The current average price of your Nights (Bookable), including fees

Example

$92.50

Average Daily Rate

The average price of your Nights (Booked), excluding fees.

Example

$87.10

Average Daily Rate (+ Fees)

The average price of your Nights (Booked), including fees.

Example

$93.30

Count (Bookings)

The number of unique bookings within a time frame.

Example

4 bookings

Count (Booked Nights)

The number of booked nights within a time frame: Count (Bookings) * Length of Stay (Average)

Example

17 nights

Last Booked (Days)

The number of days since this listing has received a booking.

Example

15 days

Lead Time (Avg.)

The average number of days before the stay date that bookings occur.

Example

74.7 days

Length of Stay (Avg.)

The average number of nights booked, per reservation.

Example

4.25 nights

Minimum Price Occurence

The number of days where your Asking Rate is equal to your Minimum Price.

Example

12 nights

Nights (Calendar)

Number of nights in a time frame, irrespective of listing status.

Example

28 days

Nights (Available)

Number of nights currently available within a time frame.

Example

7 days

Nights (Blocked)

Number of nights currently blocked within a time frame.

Example

9 days

Nights (Booked)

Number of nights currently booked within a time frame.

Example

12 days

Nights (Bookable)

Number of Nights (Available) + Nights (Booked) within a time frame, excluding Nights (Blocked)

Example

19 days

Occupancy

Percentage of Nights (Booked) within a time frame.

Example

42.9%

Occupancy (Adjusted)

Percentage of Nights (Booked) divided by Nights (Bookable) within a time frame. (Excludes blocked nights)

Example

63.20%

Occupancy (Neighborhood %)

Calculated by subtracting Neighborhood Occupancy % from Listing Occupancy %.

Example

+19% | -7%

Occupancy (Neighborhood Ratio)

Calculated by comparing the ratio of Listing Occupancy % : Neighborhood Occupancy %

Example

1.19 | 0.93

Openness

Percentage of Nights (Bookable) within a time frame. Nights (Bookable) / Nights (Calendar).

Example

67.9%

Revenue

Sum of prices (rent only) for Nights (Booked).

Example

$1,020

Revenue (+ Fees)

Sum of prices (rent + fees) for Nights (Booked).

Example

$1,120

Revenue (+ Fees, Taxes)

Sum of prices (rent + fees + taxes) for Nights (Booked).

Example

$1,220

Revenue (Available)

Sum of the current Asking Rates for Nights (Available).

Example

$24,201

Revenue (Blocked)

Sum of the current Asking Rates for Nights (Blocked).

Example

$2,530

Revenue Score

A Wheelhouse system score comparing your revenue vs. market.

Example

82

RevPAR

Revenue in a time frame, divided by number of Nights (Calendar). ADR * Occupancy

Example

$40.00

RevPAR (+ Fees)

Revenue (+ Fees) in a time frame, divided by number of Nights (Calendar). ADR (+ Fees) * Occupancy

Example

$37.30

RevPAR (Adjusted Occupancy)

Revenue in a time frame, divided by number of Night (Bookable). ADR * Occupancy (Adjusted)

Example

$58.90

RevPAR (Adjusted Occupancy + Fees)

Revenue (+ Fees) in a time frame, divided by number of Nights (Bookable). ADR (+ Fees) * Occupancy (Adjusted)

Example

$55.00

Example calendar

February 2023

Locked

Booked

Mon

Tue

Wed

Thu

Fri

Sat

Sun

1

$85

2

$90

3

$90

4

$90

5

$90

6

$85

7

$85

8

$85

9

$85

10

$85

11

$85

12

$90

13

$90

14

$90

15

$90

16

$90

17

$90

18

$90

19

$85

20

$85

21

$85

22

$85

23

$85

24

$85

25

$90

26

$90

27

$90

28

$85

Bookings

StartEnd dateBooked atFees
Feb. 7, '23Feb. 11, '23Dec. 3, '22Cleaning: $20, extra guest $15
Feb. 13, '23Feb. 18, '23Nov. 17, '22Cleaning: $20
Feb. 21, '23Feb. 24, '23Dec. 13, '22Cleaning: $20

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