PMI Planning module overview
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…
Profit & loss
Topic
live forecast
Explore related guidance from the PMI Knowledge Base.
PMI prediction explained
PMI uses a combination of machine learning (ML) and statistical models to automate forecasting of revenue and units (covers, room nights, guest nights etc.). It uses…
Live forecast
Profit center Live forecast: Automatically switch between OTB and revenue driver
For Non-room revenue departments that have a daily OTB import in PMI, there is an option to use a combination of both OTB and driver-based forecasts…
PMI release notes 2022
Revenue driver explained
A revenue driver is what drives the revenue of a department. For example, if more guests are staying at a hotel, the restaurant can expect to…
Live forecast
Room Live forecast – Change to pickup fields – 04.22
On 26 April changes to the pickup fields have been made. There is a video in the Live Forecast module as well as an article.
PMI release notes 2022
Rooms Live forecast – Edit guest nights factor explained
This article explains what the guest nights factor is, why it matters, and how it works in PMI.
Live forecast
Rooms live forecast: How to work with auto Live forecast
PMI provides an automated daily revenue forecast to allow for easy and accurate revenue forecasting. It uses historical data to identify seasons and trends, and adapts…
Live forecast
Segment OTB
This summary helps you to get a quick overview of your bookings on the books for a certain period. The Segment OTB report displays on-the-books data…
Live forecast
SMART Forecast enhancement – 09.22
SMART v2.0 is an enhanced version of the existing SMART forecast which is a prediction of how many labor hours should be scheduled according to expected…
PMI release notes 2022
Submit Live Forecast to Forecast (monthly routine)
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…
Live forecast
Video playlists
Browse PMI video tutorials by topic. Choose a video to watch it directly. Numbered tutorials can be followed in sequence; other videos can be viewed as…
Video tutorials
What are covers?
Covers are the number of guests served in restaurants, bars, and M&E at some properties. Please note that beverages are not commonly counted as covers.
Live forecast