When the F&B Live Forecast is configured to forecast Total Revenue, any manual pickups are applied to the total Live Forecast amount for the profit center. The pickup itself is not food-specific. How Food Revenue is calculatedFood Revenue is derived from Total Revenue based on: Account mapping. Revenue accounts marked as Food define the historical food share used by PMI. Live Forecast...
Scenario: A single day (concert, trade-fair, planned outage, etc.) will spike or dip demand. If you leave it untouched, PMI Prediction will use normal history and likely forecast too low (or too high). After the day passes PMI will auto-classify it as an outlier, but you still need an accurate forecast today for staffing and revenue planning. Step 1 – Override the day in Live Forecast Go to...
In PMI, forecast periods like May can become locked after a certain point to protect finalized data. If you have the right role (e.g. Operational Manager, Controller), but still can’t edit, it’s likely due to Period locking being active. What to do: Check Period Locking: Go to Advanced settings > Period locking Look for a padlock icon next to May. If it’s locked, click to unlock — this...
If some rooms are temporarily closed due to renovation, you can adjust your forecasts in PMI to ensure productivity and cost-driver metrics remain accurate. 1. Adjust Cost Drivers in the Forecast:Â To reflect reduced room availability: Go to the Revenue forecast view (under Live Forecast) Select the affected period (e.g. renovation month) In the Room nights or Available rooms field, enter the...
If you want to confirm whether all hotels have submitted their forecasts for the next three months, the steps depend on your access level. If you have access to the Planning module: Open the Live Forecast module Use the Submit Several or Approve Several options under the Tools menu The table will show: Each property Latest forecast submission date Status (e.g. Pending, Ready, or Locked) If...
To ensure forecast targets are properly set and reflected in PMI — whether for a coaching session, planning review, or operational check — follow these quick steps: Check the Budget & Forecast Module Go to Budget & Forecast Select the relevant month Confirm that productivity targets and hours are entered for all departments Review the Labor Cockpit Navigate to the Labor Cockpit for...
To ensure your Live Forecast reflects upcoming trade-fair periods — especially for effective staffing — follow this practical cadence: Monthly Cadence: Update the Live Forecast early Make adjustments to the Live forecast in the Revenue forecast view Do this as soon as trade-fair dates or demand changes become clear, ideally before the 20th of the current month Review key dates for next month...
Issue: Some dates in the Live forecast may show a red warning triangle, indicating that PMI prediction could not generate an automated forecast for that date. This usually happens when:• There is insufficient historical data• Many historical dates for that day have been marked as outliers or excluded What to Look For: A red warning triangle appears next to the date in the Live Forecast This...
If you need to update covers on a past date, use the Flash Report instead of Live Forecast. Follow these steps: Navigate to the Flash Report. Select the historical date you wish to edit. Click on the Edit tool (Pen icon). Manually adjust the covers as needed. Save your changes. Note: Live Forecast is designed for adjusting future covers. Flash Reports handle updates for historical data, such...
In PMI, the Flash Report provides a daily overview of revenue figures, both actual and forecasted, across all departments. Users may encounter situations where the Flash Report displays zero On the Books (OTB) data for specific dates leading to concerns about data accuracy. Clarifying OTB in Flash ReportsIt’s important to note that the Flash Report does not directly display OTB figures....