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Overview

Wheelhouse is a dynamic pricing 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.

Pricing Pricing per property

Wheelhouse Pro Flex: 1% of revenue

Discounts are available for companies with more than 100 properties.

 

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

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:

  • TripAdvisor
  • Airbnb
  • Vrbo

PMS:

  • Hostfully
  • Bookingsync
  • Guesty
  • Rentals United
  • Hostaway
  • Streamline
  • myVR
  • LMPM
  • Tokeet
  • iGMS
  • Smoobu
  • Track

Mobile: Yes, mobile responsive site

Customer Support: Chat support, help center

Additional Features: 

 

 

Pros

  • 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.
 

Customer Reviews

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