An Airbnb revenue forecast is a month-by-month projection of occupancy, ADR and revenue for one property, set beside comparable listings. Buyers use it to test a purchase, operators use it to check an arbitrage lease, and hosts use it to set targets for a live listing.
What I plan around in The Faroe Islands: Dramatic coastal hiking such as Mulafossur and Sørvágsvatn; Ólavsøka national festival in late July; Photography tourism; Limited hotel supply. Guests I price for: Nordic and international nature travellers on 3 to 6 night stays. Where I start: Short-season pricing, limited supply and festival premiums.
I configure the pricing tool with the short summer season set apart, Ólavsøka and the G! Festival loaded as events and minimum stays of two or three nights in peak weeks. I also keep the cancellation settings aligned across channels, so a fog-delayed flight does not turn into a dispute.
The service in general is described on my airbnb revenue forecast page; this page covers how I apply it in The Faroe Islands.