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The group and contract predictions, and the resulting guest counts, have an impact on revenue center forecasts. These projections are developed by determining an outlet's capture ratio of available guests (in-house guests minus in-house guests not available to the outlet) and assessing historical volumes.
Once generated, you carefully review the room forecast and the revenue center forecast. You will also consider Consider other relevant information which that cannot be incorporated into the statistical model, and edit . Edit the forecast if you wishas needed. A reliable seven-day forecast for rooms and revenue centers lets you plan properly, ensuring high levels of guest service while still controlling labor costs. The forecast reports show both LMS's forecast and your forecast, which lets you track labor accurately.