How do I write an occupancy report for a hotel?
How do I write an occupancy report for a hotel?
This report shows the list of guests who have checked-in the hotel with details such as the number of adults and children, number of nights, and housekeeping status. This report is generated for the occupied rooms, rooms expected to be occupied, checked-out rooms, and vacant or blocked rooms.
What is hotel occupancy report?
It provides a detailed monthly or yearly overview of your item or product availability, number of bookings, unbooked availability, average occupancy, and a few data points related to average revenue and actual revenue.
How do I make an occupancy report?
To run an Occupancy Report, follow these steps:
- Date From: Choose a Date Range.
- Room Type: Choose a specific Room Type or just leave on “Select Room” to see all room types.
- Deduct Out of Order Rooms from Available Rooms: Check this box if you DO NOT want to include OOO rooms in the Occupancy Report calculations.
How do you find the occupancy of a hotel?
An occupancy rate is measured by dividing the number of occupied rooms by the number of available rooms and multiplying by 100, showing the percentage of rooms occupied at a specific moment. For example, if you have a 10-room hotel and last night you sold 5 rooms, then the occupancy rate would be 50 percent.
What information does a room status report provide?
The Room Status report from RDP includes a list of all rooms on property and the current occupancy of each room. This report is useful for not only the front desk or management, but the maintenance or housekeeping staff.
What is a good occupancy rate for hotels?
between 70% and 95%
For many hotels, an ideal occupancy rate is between 70% and 95% – though the sweet spot depends on the number of rooms, location, type of hotel, target guests, and more.
What does STR mean in hospitality?
Smith Travel Research
What is the Smith Travel Accommodations Report (STR)? Founded in 1985, Smith Travel Research (STR) has had the singular focus of collecting, analyzing and reporting hotel industry data.
What is STR data?
Founded in 1985, STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. STR was acquired in October 2019 as a division of CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces.
What is a room status report?
The Room Status report from RDP includes a list of all rooms on property and the current occupancy of each room. This report is useful for not only the front desk or management, but the maintenance or housekeeping staff. Return to Report Index.
What is room occupancy?
Definition 1. Room occupancy rate indicates the ratio between occupied rooms and available rooms. Two variables of room occupancy are used in tourism statistics: net occupancy rate and gross occupancy rate.
What is the difference between ADR and ARR?
While ADR measures the Average Daily Rate, ARR is the Average Room Rate calculation, which tracks room rates over a longer period of time than daily. ARR can be used to measure the average rate from a weekly or monthly standpoint.
What is hotel occupancy ratio?
The occupancy rate of a hotel is expressed as a percentage. So, for example, if a hotel has 100 rooms available to be sold and 100 of those rooms are occupied, the occupancy rate would be 100 percent. If the same hotel had 60 rooms occupied, the occupancy rate would be 60 percent.