Revenue Forecast by Local Market Segment .ng
Revenue Forecast by Local Market Segment
Report Description: The Revenue Forecast by Local Market Segment report offers a forward-looking overview of revenue and occupancy data categorized by local market segments for specific dates, aiding property managers in revenue planning and segmentation strategies, providing insights into stays, revenue, ADR, occupancy contribution, and RevPAR contribution by local market segment.
Date Range: The report will render the data for up to 365 days in the future
Available Report Columns for Following Sections:
Column Name | Column Description | Amount Includes Taxes and Fees | Calculation |
Date | The date for which the forecast is provided | Not Applicable | Not Applicable |
Day of Week | The day of the week corresponding to the date | Not Applicable | Not Applicable |
Local Market Segment Name | The name of the local market segment for which the forecast is generated | Not Applicable | Not Applicable |
Local Market Segment Code | The code of the local market segment for which the forecast is generated | Not Applicable | Not Applicable |
Stays | The forecasted number of stays or reservations associated with the local market segment on the given date | Not Applicable | =sum(forecasted number of stays) |
Revenue | The forecasted revenue expected for the specified local market segment | NO | =sum(local market segment revenue) |
ADR | The forecasted average revenue generated per occupied room for the local market segment | NO | ADR = (revenue / occupied rooms) |
Occupancy Contribution | The contribution of the local market segment to the overall occupancy percentage forecast | Not Applicable | occupancy contribution = (stays) / (inventory - OOO) |
RevPAR Contribution | The contribution of the local market segment to the overall revenue per available room forecast | NO | RevPAR contribution = (revenue / total hotel inventory) |
Misc Report Information:
Available Features:
Export: ability to download and save the file into an alternate format.
Filter: filter a range of data based on criteria defined by the user.
Highlight: also known as conditional formatting is the ability to highlight certain values making them easier to identify.
Bar Graph: ability to view revenue, stays, occupancy contribution and RevPAR contribution data in a bar chart.
Grouping: ability to view the data grouped by: All, Local Market Segment Name, Day of Week
Pie Chart: ability to view grouped data in a Pie Chart view.
Available Configuration:
User Preferences: allows the user to customize their report view by repositioning or removing columns.
Property Preferences: allows the property to customize the report view for all users by repositioning or removing columns.
Baseline Configuration:
Property Preferences Settings:
Following columns to be disabled for initial deployment:
Not Applicable