Dashboard page

Owned by Roelant de Looff
Last updated: Apr 09, 2024 by Angelia van Burg (Deactivated)
2 min read

Welcome to the Revenue Management Dashboard! The purpose of this page is to provide you with a full overview of your accommodation types' key performance metrics and recent activity within the Revenue Management module.

Key Metrics:

The following metrics are displayed on the Dashboard page:

  • Occupancy: This is the percentage of your available accommodation types that are currently occupied. When the amount of available units change and the amount of occupied units stay the same, the occupancy percentage changes. Calculated as occupied units divided by available units.

  • Average Daily Rate (ADR): This is the average price of a unit sold at your property for a night. A higher ADR does not means that you're generating more revenue per unit sold that also depends on how many units are sold.

  • Revenue Per Available Room (RevPAR): This is the total revenue generated at your property divided by the number of available units. RevPAR is a good indicator of how well your accommodation types are performing overall, as it takes both occupancy and ADR into account.

  • Revenue: This is the total amount of revenue generated by your accommodation types over a specific period of time.

  • Reservations: Number of reservations. Including reservation status provisional, checked in, checked out and definitive.

Graph of Occupancy or ADR or RevPAR or Revenue

Occupancy or ADR or RevPAR or Revenue shown per month or week or day of week. The Current year (YTD), Last year (YTD) and Last year (Realised) are shown.

Explanation Current year (YTD), Last year (YTD) and Last year (Realised):

  • Current year (YTD) are the results from the period between the beginning of the year and the current (present) date.

  • Last year (YTD) are the results from last year that that covers the period between the beginning of last year and the current date of today a year ago.

  • Last year (Realised) covers the results for all of last year.

 

These metrics can help you understand how Locations, Collections and Distribution Channels are performing and identify areas for improvement. For example, if your occupancy rate is low, you might want to focus on increasing your marketing efforts or lowering your rates during slow periods. If your ADR is low, you might want to look for ways to increase the value of your units, such as by offering additional amenities or services.

Number of reservations

Number or reservations shown normal or cumulative per month or week.

Locations

Occupancy, ADR, RevPAR and Revenue per locations. YTD (year to date) and LYTD (last year to date) are shown.

Collections

Occupancy, ADR, RevPAR and Revenue per collections. YTD (year to date) and LYTD (last year to date) are shown.