Length of Stay By Market Code (los_market_forecast with GEN1.FMX)
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Length of Stay forecast based on Market Group, Market Code, Room Class or Room Type. The Lengths of stay are predetermined at 1 - 4 nights, 5 – 11 nights, 12 – 29 nights and 30+ nights, unless the Application Function of RATE TIERS is active. When this is active, the Lengths of Stay groupings will be based on those configured for the Property in Configuration->Rate Management->Rate Classifications- >Rate Tiers.
The level of complexity the report displays is based on the selection of the Group By Breakdown.
Each Tier will display the ADR and Number of Rooms Sold. The Subtotals and the Grand Total will include the Rooms Sold, ADR, Occupancy %, Average LOS, and Rooms Remaining to Sell.
Note: A component suite's Average Daily Rate (ADR) calculation is based on the number of physical rooms making up the component suite.
Output only includes Deduct Rooms; this is for Blocks and Reservations. Block rooms not picked up are therefore only included if the rooms are Deduct from Inventory.
On the report output, the number to the right of the Room Class, Room Type, Market Group or Market Code displays the number of available rooms in parentheses. This may be a little bit misleading if either Market Group or Market Code has been selected as a group by. This is because Opera does not have a concept of 'number of physically existing rooms per Market Code/Group'. The number that is displayed in the headers for Market Groups and Market Codes is the number of existing rooms for the corresponding Room Class or Room Type. If Market Group or Market Code is the highest ‘group by’ level OR if neither Room Class nor Room Type has been selected as a group by, the number of rooms in the header represents all rooms in the Property. Additionally, if the filter includes a selection of specific Room Classes or Room Types the number of rooms will only include the selected Room Classes/Types.
The Filter and Group By Option of Room Class are only available if the function ‘ROOM CLASS’ is active. This is activated in System Configuration- >Application Settings->’Reservation’ Group->Function ROOM CLASS.
Date Range. From Date and To Date. As this is a forecast report, the date range can only be for the current business date and forward.
In Report Setup and End of Day Reports, the form has spin-up and spin-down buttons to the right of the dates fields. This allows the dates to be configured using offsets to the business date of the property. This allows the property to set as default the number of days the forecast should be run. For example, the report is added to the End of Day Reports, if the spin button of ‘To Date’ was set to 7, the report will automatically run for the current business date plus 7 days forward. IF the spin buttons are not used, the report will generate for the current date only.
Room Class. Multi Select LOV for filtering on specific Room Classes. Only include reservations that are made for a room type that is in the selected room class. Available when the General>Room Class application function is set to Y.
Room Type. Multi Select LOV for filtering on specific room types. Only include reservations that are made with a room type that is in the selected room types.
Market Group. Select specific market groups to filter the results of the report by.
Market Code. Select specific market codes to filter the results of the report by.
Group by. Select for Market Group, Market Code, Room Class, Room Type or None. Default is with Market Code and Room Type selected.
Based on the Group By selection, the report will print a breakdown by Market Group, Market Code, Room Class, Room Type, or display a 'Hotel' summary by Length of Stay (Blank Group by Selection).