How does SMART allocate daily hours? 

SMART is a monthly forecast based on the productivity/hours forecast set (How is SMART calculated?). It identifies historic trends to suggest how many hours should be scheduled each day in order to meet the monthly productivity/hours forecast.  The manual primary cost driver will always be included, but SMART may identify […]

Room revenue Planning: Calculations explanation  

What is its purpose?  The Room revenue planning page is used to create monthly forecasts and budgets (Plans) for room revenue. PMI auto-populates the plan with a proposed Plan based on the settings selected when creating a plan. This Plan can then be adjusted manually as needed.  Note that the […]

PMI prediction explanation 

What is PMI prediction?  PMI uses a combination of (ML) Machine Learning and statistical models to help automate forecasting of revenue and units (covers, room nights, guest nights etc.). It uses historical data to identify trends (seasons) and adapts to specific properties over time based on their activity.  How is […]

How to set up a Live forecast: configuration settings 

There are several ways to configure the Live forecast which will affect how the Live forecast is calculated.   Changes are done using configuration settings via the tools icon in the top right corner of the screen. This is only visible to users with appropriate access rights.  Room revenue Live forecast  […]

Live forecast tools and personal view settings

What are the tools in Live forecast?  Available Tools and View Options will vary depending on your property’s Live forecast set up, the department you are viewing, and your user access rights.   Pickup Statistics: Click here to review and analyse the booking pattern for the different Segments and the ARR […]

GM Introduction to PMI 

What is PMI?   PMI is a forecasting and resource management tool that enables you to easily manage resources such as labor, food, and energy to improve consistency in guest service and productivity – thus minimizing costs.  It is designed help you excel in a management position, by providing you with […]

GM daily digest enhancements 

This release is designed to make GM daily digest more relevant, and easier to gain useful insights from. In addition to minor adjustments to the overall design and Key insights statements, there are 2 main updates:  Waterfall chart  Design update   All bars now move from left to right of the […]

How the Express planner works 

The Express Planner in PMI is a forecasting tool available to properties with the Profit and Loss module activated. It creates an automated monthly forecast for all non-room revenue departments, and labor hours based on historic data and the settings inputted. See below for a detailed explanation of the calculations […]

Express planner: Settings explanation 

What are the settings for the Express planner?  The settings in Express Planner are used to adjust the calculations behind the Express planner’s automated forecasts.  These should be set the first time you use the Express planner. The settings will be saved automatically, ready for the next time you use […]

Express Planner overview 

What is the Express Planner?  The Express Planner in PMI is a forecasting tool available to properties with the Profit and Loss module activated. It creates an automated monthly forecast for all non-room revenue departments, and labor hours based on historical data.  What is its purpose?  To automatically, quickly and […]