Forecast Management System Guide

How to enter Forecast/Budget data on a daily, minor market segment level

 

Forecast Management System Guide - Watch Video

Instructions

1. Open Forecast Management System in the Forecast and Budget App

2. Select the year (This Year, Next Year etc) and the months by adjusting the time slicer

3.  

   

   Select to create either a Forecast or Budget, then click on Create New

4.  

   

   Enter a Version Name, then click Save

5.  

   

   Apply Values (e.g. HotelIQ Prediction, LY Actuals, STLY etc) to All or selected market segments > ‘Save’

    

   

6. Click on Manage Versions > Manage Active and Previously Saved Forecasts.

 

 

7. Locate the file created > Edit icon > Set the file as Active

 

8. Click into individual months to edit data by day by market segment. Enter Rooms and ADR figures, Revenue will be automatically calculated. To use our Excel Export feature, read here.

 

 

6. Click on the floppy disc icon to save changes

 

7. Continue entering Forecast/Budget data into each month until completed

8. Forecast/Budget Versions can be managed through the Manage Versions screen. Set Versions as Active or Inactive. Active versions will be published in the Forecast and Budget Performance report and Dashboard.