What is the formula for developing a yield management report for a given period?

The formula for developing a yield management report for a given period is represented by the calculation of the number of rounds played relative to the potential rounds available, multiplied by 100 to express it as a percentage. This approach provides insight into the efficiency and effectiveness of the golf operations in utilizing available tee times.

Using this formula, the yield management report can indicate how well the facility is maximizing its use of resources. It reflects the performance by showing the actual usage against what could potentially be achieved, which helps in identifying trends, setting pricing strategies, and enhancing overall operational performance. By comparing the actual rounds played to the potential number of rounds, management can make informed decisions about marketing efforts, capacity planning, and pricing adjustments.