Yield Management (2 weeks) Forecast Report (Cloud) 🎥
The Yield Management Forecast report provides a 2-week outlook on daily reservations and ADR (Average Daily Rate) based on the reservation tier set in Revenue Management. It displays rates from the base rate to tier 5 but only includes dates with existing reservations. Path: Front Office > Supervisor > Reports > Yield Management Forecast.
Generate report
1. Choose either the starting or the ending date of the range you want for the report, at the end, it will always be for 2 weeks.
Detailed report
- Date and day with reservations for the 2-week range setup.
- Number of reservations and ADR by day by applied tier at the moment of the reservation.
If the example above, for 01/11/23, tier 3 was applicable when 4 reservations were taken:
- 2 were taken full tier 3 rate @ $184,
- 1 with a 10% discount @ $165.60,
- 1 was overriden @ $99.
= [(184x2) + 165.60 + 99]/4 = $158.15
Then, the applicable tier was changed from tier 3 to tier 4, and one reservation was taken full rate of $194.
- Totals of reservations and ADR for the 2-week period by Tier.
The ADR total is not an ADR of the ADR... it retakes every rate from every reservation booked under that tier and divides it by the total of reservations for the period.
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