Report Generated by Revenue Management Software (RMS)
Revenue management software is also able to generate an assortment of special reports. The following are representative of revenue management software output:
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Market segment report: provides information regarding customer mix. This information is important for effective forecasting by market segment.
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Calendar/booking graph: presents room-nights demands and volume of reservations daily.
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Future arrival dates status reports: furnishes demand data for each day of the week. This report contains a variety of forecasting information that enables the discovery of occupancy trends by a comparative analysis of weekdays. It can be designed to cover several future periods.
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Single arrival date history report: indicates the hotel’s booking patterns (trends in reservations). This report relates to the booking graph by documenting how a specific day was constructed on the graph.
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Room statistics tracking sheet: tracks no-shows, guaranteed no-shows, walk-ins, and turn-aways. This information can be instrumental in inaccurate forecasting.