Room Rate Report

The Room Rate Report displays the expected Room Rate by Room Type per Stay. The room rate is compared with the expected rate for that room type/date and the difference (variance) between the actual stay's rate and the expected rate for the date. The report also shows yielded rates, if any have been set up (via the Rate Rule section of Rate Plan Types) and any yielded variance This report is typically used to review rates for each guest and make sure there are no mistakes. It may be shown separated by Building, may include Reservations and/or Include Historical Stays if desired, and can be used to show all rooms or bedded rooms only. The Room Rates Report command in the Revenue Reports section of the Reports Area opens the Room Rates Report screen and allows you to generate the report for the selected date.

Once generated, the Room Rate Report lists all of the guests staying on the date selected, one entry per guest. The report shows three lines per entry; the first line has only the room number and room type, the second line shows the guests name, the number(s) of adults/youths/child in the room, the room rate, the number of rooms and the package rate (if a package is attached), the Guest Type, Segment field, group name, Rate Plan Type name, Package Plan name, and the date when the reservation was booked, and finally the third and final row in each entry shows the totals for the room, with the total for the rate plan used, the package total if any, any variance, the yielded rate, base rate (based on 1st Folio's Rate Plan) and any yielded variance.

The report ends with a grand totals section for the guest and revenue numbers.

Note: The Room Rate Report (bedded rooms option only) is also included in the Emergency Reports feature (which is designed to be used in the event that your system needs to go down for a short period of time, providing quick access to pre-configured reports, and includes those typically needed for the staff to operate manually).

 

 

Date Updated October 23, 2023