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US: Automated pricing software Wheelhouse has announced that it has become a preferred pricing partner with Key Data, a leading provider of trusted vacation rental market data.
Under the partnership, Wheelhouse will use Key Data’s unique data set to constantly enhance and refine Wheelhouse’s automated pricing algorithms, offering clients a best-in-class automated pricing solution backed by the leading business intelligence and benchmarking dashboards.
Wheelhouse CEO Andrew Kitchell said: “We’re deeply passionate about helping hospitality operators everywhere succeed. Our partnership with Key Data increases our depth and breadth of data, helping us provide an ever-more accurate pricing engine for all of our customers.
“In 2020, we helped listings outperform their market by an average of 22.6 per cent. In 2021, in partnership with Key Data, we’re aiming to drive that performance even higher,” he added.
Key Data Dashboard CEO Jason Sprenkle said: “We are excited that our data is helping to refine Wheelhouse’s pricing algorithms, offering better solutions for our collective clients. Dynamic pricing is exceptionally challenging, particularly for vacation properties and short-term rentals.
“This partnership aligns two great teams, feeding the best data into cutting-edge pricing algorithms. We couldn’t be happier to be bringing these new solutions to our professional managers,” he added.
