- VAR (Variance): The difference between the Normal Tariff and the Offered Tariff.
- NRML Tariff (Normal Tariff): The standard room rate without any discounts.
- OFRD Tariff (Offered Tariff): The final rate charged to the guest after applying discounts or special offers.
Formula:
- VAR = NRML Tariff – OFRD Tariff
Example:
- NRML Tariff: $100
- OFRD Tariff: $80
- VAR = $100 - $80 = $20 (Indicates a $20 discount was given)
This data helps hotels track revenue variations and monitor discounts offered.
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