Overview Food revenue can be configured at segment level, allowing each segment within a profit center to have its own food revenue settings and calculation method. This is useful for operations where revenue is split across different segments, such as Food and...
This article explains what the guest nights factor is, why it matters, and how it works in PMI. What is the Guest nights factor? In PMI, you forecast room nights — how many rooms you expect to sell. Guest nights are not forecasted separately; they are calculated...
This article explains how to copy values from last year, budget, or forecast into the live forecast for a selected month using the Copy to live forecast tool. Overview The Copy to live forecast tool allows you to overwrite the selected month in live forecast with...
Non-Rooms PMI Prediction provides an automated daily forecast for non-room revenue and activity drivers. It helps you build a more accurate Live Forecast by identifying patterns, seasonality, and trends unique to your property. The system updates daily as new data is...
Purpose Compiling revenue streams in PMI is a key step in building a complete and actionable P&L budget. It helps General Managers translate strategic goals into detailed financial plans—ensuring each revenue item is forecasted, tracked, and aligned with...
Purpose The PMI Planning module is the central workspace for forecasting, budgeting, and aligning operational plans with financial goals. It enables General Managers and Financial Controllers to plan labor, revenue, and costs based on historical data, business...
Objective This guide shows you how to run Express planner to generate automated monthly revenue and labor hours forecasts for your property in PMI.Requirements User access to run Express planner for your property Access to the Budget & forecast module Forecast...
Purpose Express Planner streamlines the target-setting process by automating calculations, helping users avoid time-consuming manual work. It enables users to set monthly targets up to 24 months in advance, based on room forecasts, history and predefined business...
Objective Your automated forecasts are only as good as the data behind them. This guide shows you how to fine-tune your Express planner settings to ensure your revenue and labor targets are highly accurate and aligned with your property's unique potential. By...
If a profit center in the Live forecast is set to automatic driver, that driver can change from day to day. It is important to look over the figures in the Live forecast every day, and if they look good, click Save. The last saved version from the Live forecast are...