The opening page for your RateBoard app, the Dashboard gives you an overview of the Hotel's performance through key performance indicators of revenue management.
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What you will find here
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Dashboard Overview
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Dashboard KPIs
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Let's have take a look together at the multiple information displayed in the Dashboard page, It's nice to know that the KPIs displayed are standard for all RateBoard accounts, therefore can't be customized.
Yesterday summary
In the upper left corner, we can find the KPIs related to yesterday's performance, you can check your Revenue, Occupancy, ADR, RevPAR, pick-up room nights, and pick-up revenue.
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Revenue
Occupancy
ADR (Average Daily Rate): Average rate of all sold rooms.
How to calculate it:
(Total room revenue) / (Number of all sold rooms)
RevPAR (Revenue per available room): This KPI combines occupancy and ADR to see how the hotel was performing.
How to calculate it:
(total room revenue) / (total number of rooms)or(ADR) x (occupancy in %)
PickUp room night: How many rooms were booked in the selected period of time.
PickUp Revenue: Revenue of the rooms booked in the selected period of time.
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PickUp summary
The information about pick-up room night and pick-up revenue are shown also for last week, together with the difference with those values same time last year.If the box shows red color and there's an arrow going down, the last seven days.
PickUp room night: How many rooms were booked on the selected period of time.
PickUp Revenue: Revenue of the rooms booked on the selected period of time.
The KPIs card also compares the current values with same time last year, you can find it in two colors:
Red: this year's result is worse than last year.
Green: this year's
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result is better
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than last year.
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In
Revenue & Occupancy summary
In the middle area of the Dashboard, you will can find the average values of other KPIs for the last 7 days:
Revenue
Occupancy
ADR (Average Daily Rate): Average rate of all sold rooms.
How to calculate it:
(Total room revenue) / (Number of all sold rooms)
RevPAR
Occupancy
ADR
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(Revenue per available room): This KPI combines occupancy and ADR to see how the hotel was performing.
How to calculate it:
(total room revenue) / (total number of rooms)or(ADR) x (occupancy in %)
The KPIs card also compares the current values with same time last year, you can find it in two colors:
Red: this year's result is worse than last year.
Green: this year's result is better than last year.
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Top On the top center, we can find the abbreviations: MTD Revenue and YTD Revenue.
MTD
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Revenue: Month to Date
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Revenue, shows the
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revenue for the
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selected month until the current day.
YTD Revenue: Year to Date Revenue, shows the revenue for the selected year until the current day.
The KPIs card also compares the current values with same time last year, you can find it in two colors:
Red: this year's result is worse than last year.
Green: this year's result is better than last year.
These two values give us a very clear idea if the hotel performance is ahead or behind the last year's one, same time.
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On dashboard we also display two graphs.
The first shows the revenue of the last 30 days for the current year (blue line) and the previous year (grey lane).
By scrolling with the mouse along the curves, you visualize the absolute values of the single days and can easily check for which days you got an higher revenue and which a lower.
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Market demand
The The second graph shows a comparison between your hotel occupancy and the market demand for the next 30 days.
The market demand is actually a Forecast provided by our partner OTA Insight, that is also in charge for shopping your competitor's rates from Booking.com.
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Through this graph it is very simple to check on which days your hotel responds well or very well to market stimulus, and on which, instead, there is still market space to be gained.
In the example 1. in the picture, the market Demand is increasing while your occupancy is having a dropdown. In this case, you should check your rates.
In the example 2., your occupancy is followind the trend of the market Demand, and this is a good sign.
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Notifications
Next to the box with yesterday's values, the notifications are displayed.
What you get here, is what we have set in the section: Settings - Notifications.
About this, you can read the article here.
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ADR (Average Daily Rate): Average rate of all sold rooms.
How to calculate it:
(Total room revenue) / (Number of all sold rooms)
RevPAR (Revenue per available room): This KPI combines occupancy and ADR to see how the hotel was performing.
How to calculate it:
(total room revenue) / (total number of rooms)or(ADR) x (occupancy in %)
PickUp room night: How many rooms were booked on the selected period of time.
PickUp Revenue: Revenue of the rooms booked on the selected period of time.
MTD Revenue: Month to Date Revenue, shows the revenue for the selected month until the current day.
YTD Revenue: Year to Date Revenue, shows the revenue for the selected year until the current day.
See more ↗ (link to abbreviation page)
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