Revenue Report:
The Revenue Report creates a summary report of total Room and Non-Room Revenue (excluding taxes) Country, Agent, Company, Guest Type, Rate Plan, Room Type, State, Source and User.
This report displays data from Room Rent and Non-Room Rent charged to folios. It does not display payments you have received by cash, credit card, etc. To see payment receipts, see the Manager's Report , Transaction Summary Report and Advanced Deposits Report.
The Revenue report is primarily used to analyze actual revenue generated in by source, room type, etc. and includes # of room nights, ADR, total revenue and % of revenue.
It is useful for tracking revenue from specific channels or agents and can be used to see which room types are generating the highest % of Revenue and have the highest ADR, etc.
The report can be run for a specific date or over a date range in the past. The room revenue data is generated from amounts actually posted to folios: Room Rent posted to folios during Night Audit and and Non-Room Revenue items manually charged. This includes advanced charges to bookings (ARC). See Advanced Charges Report (ARC). Any Inventory Items such as, "Cancellation Fees" that are part of the Inventory Group: RENT will be reported under "Non Room Revenue". See Inventory Groups and Inventory Items
Things to know about the Bookings Report
- To see the details of the bookings summarized in the Bookings Report, run the Booking Production Report for the same date range. See Bookings Production Report
- If you are posting Charges (Rent and/or other Charges) in advance of the current System Date (not common), then this posting will not be tallied as a normal operation would be. But the report date range will take any future posted folio Charges if the date range is included in the request.
- The revenue totals generated in a Revenue Report are for Room Rent and Non-Room Rent. To see only total Room Rent Revenue by source or for a specific time period, use the Bookings Report. The room rent revenue on the Bookings Report will match the total room rent revenue in the Revenue Report if sorted by the same term. See Bookings Report
- Booking revenue reported on this report needs to be ACTIVE or COMPLETE status. A booking made during the reported time frame, but not checking in until a future date (ie, status is CONFIRMED or UNCONFIRMED), is NOT reported on this report. Even if an advance charge to the folio were made, the future booking is not included in the Revenue Report.
- To compare productivity to previous periods, run the same report for different date ranges. You can save the reports to Excel or .csv to merge the data and graph the comparisons. See Saving Reports to Excel
- You can also use Search Bookings to create detailed list of bookings filtered by search criteria such as, room type, rates, etc. This can be helpful in trying to locate any discrepancies.
Note:
The Revenue Report in MyPMS allows one to report on revenue made during a time period, by Company, Travel Agent, Source, Room type, etc. This report contains the following components with a breakdown of the logic applied to each component.
Room Nights: This is a simple count of room nights that are found in bookings in the date range queried.
ADR: This is the sum of Inventory Item RENT posted on folios, divided by the count of Room Nights and rounded to two decimal points.
- Room Revenue: This is the sum of Inventory Item RENT posted on folios for bookings in the date range queried. The 'Room revenue' is the sum of the numbers posted to the Inventory Item: RENT (done at Night Audit or manually, depending on your setup).
- Non Room Revenue: This is the sum of all Inventory Items excluding RENT posted on folios for bookings in the date range queried. For example, if you have a 'Cancellation Fee' that is part of the Inventory Group: RENT this is still considered as 'Non Room Revenue' on the reports.
- % Room Revenue: This is the percentage of total room revenue for each category in the 'Revenue By' selection.
- % Non-Room Revenue: This is the percentage of total non room revenue for each category in the 'Revenue By' selection.
- % Total Revenue: This is the percentage of total revenue (including sum of room & non room) for each category in the 'Revenue By' selection.
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