Hotel Revenue Management Dashboard

The Dashboard consolidates data for multiple property under one report and displays key performance indicators (KPIs) related to the revenue and occupancy of multiple hotel properties. The dashboard allows users to compare and analyze data from different sources and to monitor the performance of each property against the industry standards and the budget or target goals. Some of the KPIs that the dashboard can show are: • Average Daily Rate (ADR): The average revenue earned per occupied room in a given period. • Revenue Per Available Room (RevPAR): The total revenue divided by the total number of available rooms in a given period. • Occupancy Rate (OCC): The percentage of occupied rooms out of the total number of available rooms in a given period. • Guest Per Room (GPR): The average number of guests staying in each occupied room in a given period. The dashboard can also provide insights into the various guest cateogries such as Free-Independent-Traveller (FIT), Group, Oniline Travel Agency (OTA) etc. Additionally, the dashboard can enable users to incorporate the forecast data from respective forecasting tools and run live what-if scenarios on the dashboard to evaluate the impact of different pricing strategies, demand patterns, or market conditions on the revenue and occupancy. The dashboard can also help users to identify the strengths and weaknesses of each property and to optimize the revenue management decisions accordingly.