How was this price calculated?In the blue card below, we give reasons and show how these reasons impact the price (on a scale of 1 to 3). For example – if we suggest increasing the price for any given reason, we show it by green upwards pyramids (1 to 3 pyramids, depending on how much we grow it). For a decrease, we use red downward pyramids.
Recommendation in the presence of blocksBlocked dates are currently considered booked to calculate listing's occupancy except for select PMS/Channel Managers where the calculations are only applied to actual booked nights.
For integrations with block support, the listing's occupancy calculations account for blocks in the past 60 days or the upcoming 30 days, at the time of generating recommendation. If a significant number of dates are blocked, the occupancy comparison between the listing and the neighborhood is not feasible, hence the recommendation is unavailable. As the blocked dates start clearing up, the algorithm starts generating a recommendation again.
Market MapThe map shows the listings considered for the market-based base-price and the percentile calculator. The square shows your listing. Hovering over a listing will show the average price, the bedroom count, and the listing ID. The listings are colored based on the price.
Fine-tuning the market areaYou can fine-tune the market area considered to calculate the market-based values and percentile calculator by selecting an area on the map.
The last step is reviewing your selected base price before confirming it. To help confirm the impact of the base price selection, you can review what will be the average monthly prices across the year. Note that these averages are there as a reference only - the final recommended prices during high and low seasons might differ substantially from these due to customizations (such as Far-out Premium) and market effects (such as Demand Factor).