We went back to the drawing boards for our derived revenue data algorithm to improve its accuracy. Starting from last month, revenue estimates are based on booking duration and daily rate for that specific booking. So how does it work? Everyday, we ping all listings for a positive delta in rentals and for any new unique bookings. Our algorithm analyzes every new set of unavailable calendar days to determine whether the dates are a booking or blocked by the owner. If there are bookings found, we determine the value of each booking using the rates that were available the day before the booking was made. You will see these estimates reflected in:
- Market Map: now showing last 30 days data
- Top Vehicles: filter by last 30, 90, 180 days
The Top Vehicles 'All-time' filter will use v1 as there is insufficient data to accurately use v2 algorithm.