Market Dashboards - The Length of Stay and Booking Window Trends
Market Dashboards are fully automated personalized dashboards that can help you track your location’s STR booking data through easy to digest graphs and insights.
New user accounts with listings imported in PriceLabs will be credited with 1 free dashboard to help you figure out what is happening in your market. Updating the dashboards after the trial costs $9.99 per dashboard per month.
The Length of Stay and Booking Window Trends
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The Length of Stay by Stay Date graph shows the typical duration of bookings made for any given date made in the past number of days selected. You can hover your mouse over the graph to see details on stay length and average nightly rate for a specific date. The chart below shows that most of the bookings on August 1st, 2023, were for long-duration stays (29+ days).
LOS vs Booking Window charts compare the booking window to the length of stay for booked nights. The left details the number of occupied nights for each booking window range, while the right chart shows how many nights have been booked in each stay length category. Each graph tell us that 14.65k nights were booked 2-4 months before the check-in date and that 17.734k nights were booked as part of a 7-14 night stay.
You can see different options to view data on booked nights and bookings if you click the dropdown. The options there are:
- Booked Nights
- Booked Nights by LOS and Booking Window
- Bookings
- Bookings by LOS and Booking Window
- Booked Nights Weekend Only
- Booked Nights Weekend Only by LOS and Booking Window
If we switch our view to break down the booked nights by LOS and booking window, we can see on the left that the last-minute stays booked in the past 30 days range in length from 3 to 28 days, and on the right, the booking window for the popular 7-14 days stays in this area are usually 2-4 months.
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