Volume Contract Period page

The Volume Contract Period page displays information about the selected period, including the date range and the forecast and actual rooms, rate, and revenue. You can also use this page to edit, delete, or clone the period.

To open the Volume Contract Period page, click the name of a period in the Periods section of the Volume Contract Detail page.

To help you work with your contract periods, the Volume Contract Period page includes several areas of detail.

Information details
Volume Contract

This is the name of the volume contract.

Name

This is the name of the period. The most common value for this field is the period start and end dates.

This value must be unique.

Period

This is another field to identify the period. The most common value for this field is a number.

Period Start Date and Period End Date

These are the period start and end dates.

Contracted and forecasted information details
Contracted Rooms

This is the number of guestrooms the client has contracted for the period.

Contracted Rate

This is the contracted guestroom rate for the period.

Contracted Room Revenue

How is Contracted Room Revenue calculated?ClosedContracted Room Revenue = Contracted Rooms x Contracted Rate.

Contracted Total Revenue

How is Contracted Total Revenue calculated?ClosedContracted Total Revenue = Contracted Room Revenue + any additional revenue.

Forecast Rooms This is the number of guestrooms the client has guaranteed for the period.
Forecast Rate This is the estimated guestroom rate for the period.
Forecast Room Revenue

How is Forecast Room Revenue calculated?ClosedForecast Room Revenue = Forecast Rooms x Forecast Rate.

Forecast Total Revenue

How is Forecast Total Revenue calculated?ClosedForecast Total Revenue = Forecast Room Revenue + any additional revenue.

Actuals information details
Actual Rooms This is the number of guestrooms picked up during the period. This field automatically populates as you enter pickup.
Actual Rate This is the average rate of the guestrooms sold during the period. This field automatically populates as you enter pickup.

How is Actual Rate calculated?Closed Actual Rate = Pickup Revenue / Pickup Rooms quantity.

Actual Room Revenue

How is Actual Room Revenue calculated?Closed Actual Room Revenue = Actual Rooms x Actual Rate.

Actual Total Revenue

How is Actual Total Revenue calculated?Closed Actual Total Revenue = Actual Room Revenue + any additional revenue.

Learn more...

Overview: Volume contract periods

Create volume contract periods automatically

Create volume contract periods manually

Edit volume contract periods

Delete volume contract periods

Clone volume contract periods