Wheelhouse
Overview
Wheelhouse is a dynamic pricing and revenue management software that helps short-term rental hosts and property managers optimize their pricing and maximize profit by utilizing a hybridization of rule-based pricing and data-driven pricing.
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Pricing Pricing per property
50% off your first 2 months when you use the code STR HUB
Wheelhouse enables you to pay a flat or flex fee, depending on the needs of your portfolio. You can change your plan at any time. Our two plans are:
Wheelhouse Pro Flat:
1-9 Listings: $19.99 / per listing per month
10-49 Listings: $16.99 / per listing per month
50-100 Listings: $13.99 / per listing per month
100+ listings: please reach out to sales@usewheelhouse.com
Wheelhouse Pro Flex:
Wheelhouse Pro Flex: 1% of revenue (excl. taxes & fees)
Discounts are available for companies with more than 100 properties.
Recommended for the Following
Individual Self-Managing Property Owners – Yes, Wheelhouse is a robust platform designed for property management companies that can easily serve the needs of small portfolio operators who want to implement advanced pricing strategies.
Property Managers and Co-hosts – Yes, Wheelhouse is specifically designed to meet the needs of enterprise-level property management companies as they execute their ideal revenue strategy.
Mid-Length Rentals (30+ days) – Yes, Wheelhouse has the only calendar interface designed for both short & mid-length operators or listings.
Features
AI-Driven Dynamic Pricing: Yes
Price Limits: Yes
Custom Rates: Yes
Discounts: Yes
Yield Management: Yes
Price Forecasting Range: 18 Months
Update Frequency: Daily
Minimum Night stays: Yes
Weekend Adjustments: Yes
Seasonality Adjustments: Yes
Date Availability Management: No
Listing Analytics: Yes
Local Data: Yes
Market Intelligence: Yes, via Market Reports product.
Setting a List of Competitors: Yes, via Competitive Set product.
Map Display: Yes
Integrations
OTAs:
PMS:
- Barefoot
- Escapia
- Guesty
- Hospitable
- Hostfully
- Hostaway
- iGMS
- LMPM
- OwnerRez
- Rentals United
- Smily
- Streamline
- Tokeet
- Track
Mobile: Yes, mobile responsive site
Customer Support: 24/7 Chat support, help center
Pros
- Wheelhouse offers 24/7 live chat, with an average response time of 70 seconds, for every inbound question.
- Wheelhouse's portfolio page allows managers with 10+ properties to quickly manage their inventory pricing.
- Hybrid pricing incorporates the predictability of rule-based pricing (setting a flat, unchanging rate for your listing) with the increased revenue of data-driven pricing (using algorithms and AI to recommend pricing).
- Users set a base rate and rules for price adjustments as desired (seasons and days of the week, etc.). Then AI data-driven pricing is layered on top of the rules to create a hybrid pricing strategy for your listings.
- Users who prefer to be actively involved in the pricing of their listings may prefer this hybrid approach.
- Free trial, no credit card needed.
- Users can choose to be billed on a flat monthly fee per listing or a percentage of revenue per listing.
- Market Reports and Competitive Set features are included in the monthly fee.
Cons
- Check that Wheelhouse integrates with the property management software you use.
- Wheelhouse is a robust platform designed for property management companies. Small operators should consider whether it is truly a good fit for their business.
Customer Reviews
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