Aim of the report:
The report’s aim is to serve as a helping tool in making financial decisions based on the property’s most important projected performance indicators. It allows you to adjust to changes in the market more easily. Overall, it can make you more agile, give you better business intelligence and fuel growth.
Content:
The report’s data is based on folio items, not taking into account the payments or invoices registered for certain reservations.
Reservation statuses taken into consideration in the report: Confirmed, Option
The Arrival, Onboard and Departure sections of the Room and the Guest columns exclusively contain real reservations belonging to units categorised as ‘Room’. Therefore, if there are any units of a different room type category (e.g. garage) classified as ‘Technical’ in your account, the report will not consider their reservations.
The Occupancy column also only considers real reservations and does not take into account reservations in technical units or blocks.
The Daily Rate column displays the average NET rate for reservations on a specific date. Calculated by dividing the total room revenue (expected room revenue) by the number of rooms sold (onboard rooms total).
Example: There are 4 reservations in the calendar for 30th September 2023 with the following NET rates: 62.95 EUR, 68.59 EUR, 57.73 EUR and 61.48 EUR. The average is calculated as (62.95 + 68.59 + 57.73 + 61.48) / 4 = 62.6875 EUR
The ADR + Breakfast column represents the Daily Rate complemented by the price for the breakfast service. The average price for the breakfast service is calculated by dividing the total breakfast revenue (expected breakfast revenue) by the number of rooms sold (onboard rooms total).
The Expected Revenue columns include room revenue and revenue from breakfast and other services sales.
Additional information about the report:
- Optional reservation checkbox: By ticking this, it is possible to filter out reservations that are not guaranteed (displayed as red in the calendar).
- The Occupancy column's summary row shows the average occupancy for the given month.
- The summary rows for Daily Rate and ADR + Breakfast also display averages. The ADR + Breakfast average is obtained by adding the total expected room sales revenue and total expected breakfast sales revenue, then dividing by the total number of room nights sold in the month.
- The summary rows for Expected Revenue display the sum total.
- Currency selector: In this list, you can see the custom currencies set in their account and have the option to view the report data in those currencies. The conversion rate used, is the daily average exchange rate of the National Bank of Hungary (MNB).
- The report can be printed and exported to an excel file.