Room Live Forecast: Period summary explained

Contents:

What and how

Workflow in a default date period – you log in and don’t change the date picker

Workflow in a month period – you change the date picker to Month (a full calendar month)

What and How?

Great when updating future periods i.e. the upcoming 2 months where you might not have a daily breakdown yet. Manually input figures in the text boxes, use PMI prediction values, or copy figures from Last year, Budget or Forecast. Last year is the only option when not in month selected period. Used by properties that adjust on Total segment level (the entire lump sum) and segment level. Revenue cannot be adjusted, only Room nights and ARR.

Default screen displays reference as deviation and values when there are no alerts

Example when there are alerts

Workflow in a default date period (not a calendar month)

  1. Click “Review and adjust
  2. Adjust Pickup or Total value for Room nights and/or ARR by using your “mouse” or “tab” on your keyboard to manually change.
  3. Insert your changes, by clicking directly on the Total text box
  4. Another option is activated when clicking on Total,
  5. %Change, enter a percentage value or
  6. Click downward pointed arrow , choose Copy last year
  7. Live forecast for the chosen period is now populated with your preference (#5 or #6)
  8. Use PMI prediction“, and these figures populate
  9. Click “Simulate
  10. To reset, click “Undo unsaved changes” on the graph/table tile
  11. Save” on graph/table tile is now activated. Use it and changes made displays in both the graph and table.

Workflow in a calendar month

  1. Click “Review and adjust
  2. Adjust Pickup or Total value for Room nights and/or ARR by using “mouse” or “tab” on your keyboard to manually change.
  3. Insert your changes, by clicking directly on the Total text box
  4. Another option is activated when clicking on Total,
  5. %Change, enter a percentage value or
  6. Click downward pointed arrow , choose Copy last year, Copy budget or Copy forecast
  7. Live forecast for the chosen period is now populated with your preference (#5 or #6)
  8. Use PMI prediction“, and these figures populate
  9. Click “Simulate
  10. To reset, click “Undo unsaved changes” on the graph/table tile
  11. Save” on graph/table tile is now activated. Use it and changes made displays in both the graph and table.

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