Exploring the On-Books Report: Key Information and Functional Overview
Learn how to navigate and understand the "On-Books Report" in Noovy to gain valuable insights into your business performance. This guide will explain the key data points and how to use the filtering options to refine your analysis.
1. Accessing the On-Books Report:
- Start by logging into your Noovy account.
- Navigate to the Menu Bar on the Left and select the 'Reports' section, then locate and click on the 'On Books Report' option.
2. Understanding the Report:
- Report Overview: The "On-Books Report" provides a summary of key performance indicators (KPIs) related to your bookings or reservations over a specific period.
- Data Columns:
- DATE: Shows the date of the booking.
- DOW: Indicates the day of the week the booking was made (e.g., Mon, Tue, Wed).
- RMS: This stands for Rooms Sold and shows the number of rooms sold for the day.
- ADR: This stands for Average Daily Rate and shows the average price at which rooms were sold on that day.
- Revenue: Displays the total revenue generated from bookings.
- RevPAR: This stands for Revenue Per Available Room. It's a key metric calculated by dividing the total revenue by the number of available rooms.
- OCC%: This stands for Occupancy Percentage. It shows the percentage of available rooms that were occupied during the period.
- Totals: The report also provides total values for each metric at the bottom.
3. Filtering the Report:
- Accessing the Filter: Click on the "Filter" button located in the top right corner.
- Segment Group:
- Use this option to filter data by predefined segments (if applicable).
- For example, you might have segments for different customer types, locations, or service categories.
- Period:
- Select a specific date range to analyze data for a particular period.
- Click the calendar icon to choose start and end dates.
- Applying and Resetting:
- Click "Save" to apply your filter selections.
- Click "Reset" to clear the filter and view the full report.
4. Analyzing the Data:
- Identify Trends: Use the report to identify trends in bookings, revenue, and occupancy over time.
- Compare Performance: Compare data across different segments or periods to identify areas of strength and weakness.
- Inform Decision Making: Use the insights from the report to make informed decisions about pricing, marketing, and operations.
5. Exporting the Report:
- It is possible to export the report in Excel or PDF