Featured Location pages serve as landing pages for the locations you specify. They are generated by your Featured Location Settings, and are linked from your Featured Locations List Pages and Widgets

These pages are also available to edit individually in Edit Mode on your Pages Screen.

By default, your Featured Location pages include a masthead image, listing results, a market reports summary, and more. But you are free to customize these pages to your liking. 

Here's a sample Featured Location page: 

These pages are automatically published whenever you create a new Featured Location. They can be unpublished by deleting the corresponding Featured Location.