Budget & Forecast

Use this screen to create and manage the budget and forecasts for the property.

A list of the existing budget and forecast records are displayed wherein you can view this information:

Name
The name of the budget or forecast.
Type
Indicates the type of record in the list. Possible values:
  • Budget
  • Forecast
Start Date
The first day of the budget.
End Date
The last day of the budget.
Time Granularity
The time interval at which the budget or forecast is specified. Possible values:
  • Daily
  • Weekly
  • Monthly
Rooms Metric
The room metric used in the budget or forecast. Possible values:
  • Room Nights
  • Occupancy%
Reveue Metric
The revenue metric that is used in the budget or forecast. Possible values:
  • Room Revenue
  • Room ADR
  • Total Revenue
  • Total ADR
Dimension
The dimension that is used in the budget or forecast. Possible values:
  • Market Segment
  • Rate Category
  • Macro Segment
Last Processed

The date on which the budget or forecast has been last processed and published by the application for analytics and reporting.

Status
The status of the budget or forecast. Possible values:
  • Draft
  • Ready to Review
  • Accepted
  • Published

A Tracker widget is displayed wherein you can view the progress of a metric in a gauge chart format for a selected period. See, Tracker widget.

On this screen, you can:
  • Create a new budget or forecast using the + Create New option. See, Creating a budget or forecast.
  • You can modify the budget or forecast, using the Edit option. See, Modify budget or forecast details.
  • You can use the Duplicate icon to duplicate a budget or forecast.
  • You can use the Delete icon to delete a budget or forecast.
  • Set a budget or forecast as the featured selection using the Manage Featured option. The application uses the featured budget or forecast as the primary reference budget or forecast.
  • View the featured budget indicated with a yellow star icon and the featured forecast is displayed with a blue star icon.