NextGen Rooms Live forecast overview
The Rooms Live forecast in PMI is a daily revenue forecast which allows you to forecast room nights and average room rate (ARR), which then gives…
Live forecast
Topic
Live forecast
How pickup fields are displayed and used in Room live forecast
Pickups are the difference between what is on the books and the Live forecast. For past days, a positive number shows the number of pickups that…
Live forecast
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
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
Pickup explanation
In the Live forecast there is a column called Pickup. This is the column used to make adjustments to your Live forecast at a daily level.…
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
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
Live forecast tools and personal view settings
Available Tools and View Options will vary depending on your property's Live forecast set up, the department you are viewing, and your user access rights.
Live forecast
How to set up a Live forecast: configuration settings
There are several ways to configure the Live forecast which will affect how the Live forecast is calculated.
Live forecast
Live forecast overview
The Live forecast in PMI is a daily revenue forecast. It is a rolling forecast which should be updated daily depending on the latest expectations due…
Live forecast