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The Live forecast module in PMI is essential for event and revenue forecasting across your property. We’ll walk you through selecting your department, understanding the interface, and analyzing the live forecast. You’ll learn about ensuring accurate bookings, checking...
In this video, we’ll dive into the Live Forecast module in the PMI, focusing on room forecasting. This tool is essential for forecasting across all departments at your property. Let’s get started and see how it works. Overview Summary: The Live Forecast module in PMI...
We’re diving into the Live forecast module in the PMI. This tool is essential for forecasting across all departments at your property. Let’s explore how to use it and make the most of its features. Overview Summary: The Live forecast module in PMI is designed to help...
In this video, we’ll guide you through the Live Forecast module in PMI. This tool is essential for effective staffing, maintaining service levels, and managing labor costs. Whether you’re a Food and Beverage Manager, Financial Controller, part of the Revenue Centre,...
What is the Copy (Submit) from Live forecast process? A forecast is used as a monthly revenue goal. Once set, it does not change. The Live forecast, however, is a rolling forecast, which is regularly updated with the most recent data available. To set a revenue...
What do I copy to Live forecast? You can sync your current Live room forecast with last year's data, the budget, or the most recent forecast you submitted. To do this, click "Copy to Live forecast" in the Tools menu of the Live forecast module. You will then have the...
The Pickup statistics display the movement in your on-the-books figures. You can access Pickup statistics from Live forecast in Rooms and Meetings & Events, or from the main PMI menu. Use the Pickup statistics to analyze and get a better understanding of the...
There are 2 different ways to reset pickups for future days. From the Tools menu of the Live forecast module, you can choose to Reset Pick up, which will zero out the pickup columns for the remainder of the month. Alternatively, you can click on the calculator (or...
Seasons are defined as different periods with the same expected booking behavior or activity level. In a year, there could be similar periods with the same booking behavior spread out over the year. Seasons are not necessarily the same as calendar months. December...