Rate Group Summary
📆 Revision Date:
The Rate Group Summary Report provides an overview of the property’s revenue performance based on different rate groups (pricing plans or rate codes). This report helps hotel management analyze the effectiveness of pricing strategies, identify trends, and optimize revenue, enabling management to assess the performance of their pricing strategies, identify high- and low-performing rate groups, and make informed decisions to optimize revenue.
By analysing this report, properties can adjust their pricing, promotions, and packages to maximise occupancy and revenue.
Date Range: 365 days from the past to current
Column Name | Description |
Date | specific date for which the data is being presented |
Day of Week | day of the week corresponding to the date in the report (e.g., Monday, Tuesday) |
Rate Group | pricing plan or rate code associated with a reservation, which may include standard rates, promotional rates or special packages |
Revenue | total revenue generated by the reservations for each rate group on the specific date |
Stays | total number of room stays associated with each rate group on the specific date |
ADR (Average Daily Rate) | average rate charged for a room associated with each rate group on the specific date - calculated by dividing the total revenue by the number of stays |
Occupancy Contribution | percentage of available rooms occupied by guests under each rate group on the specific date |
RevPAR (Revenue Per Available Room) Contribution | percentage contribution of each rate group's RevPAR generated by each rate group on the specific date - divided by the number of available rooms |