Yield Management (2 weeks) Forecast Report (Cloud) 🎥

Yield Management (2 weeks) Forecast Report (Cloud) 🎥

🎥 Watch Video
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.



2. Click Refresh.



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.



    • Related Articles

    • Sales & Mktg Groups Forecast Report (Cloud) 🎥

      ? Watch Video The Group forecast report will display a recap of each group currently booked in the system. Path1: Sales & Marketing > Reports > Forecast > Groups Path2: Front Office > Group > Open a Group > Toolbox > Group Forecast Generate report ...

    • Sales & Mktg Company Forecast (Cloud) 🎥

      ? Watch Video The Company forecast report will display the number of rooms, revenue and ADR based on Companies reservations currently booked in the system for a period of 2 weeks (14 days). Path: Sales & Marketing > Reports > Forecast > Company ...

    • Sales & Mktg Referral Code Forecast Report (Cloud) 🎥

      ? Watch Video The Referral Code forecast report will display the number of rooms, revenue and ADR based on reservations currently booked in the system. The Referral Codes are marketing segments that are setup in "Sales & Marketing > Setup > Referral ...

    • Sales & Mktg Market Segment Forecast Report (Cloud) 🎥

      ? Watch Video The Market Segment forecast report will display the number of rooms, revenue and ADR based on reservations currently booked in the system. The Market Segments are marketing segments that are setup in "Sales & Marketing > Setup > Market ...

    • Sales & Mktg City Ledger Forecast Report (Cloud) 🎥

      ? Watch Video The City Ledger forecast report will display a recap of each City Ledger currently linked to a reservation in the system. Path: Sales & Marketing > Reports > Forecast > City Ledger Generate report 1. Narrow down the report by choosing ...