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Forecasting

Forecasting hotel room availability involves predicting the number of rooms available for rent on future dates based on past booking records, events, and unpredictable conditions. Factors like past booking trends, number of room arrivals and checkouts, cancellations, and natural disasters or emergencies are considered. The forecasting team processes this data to develop target figures and forecasts under both semi-automated and fully automated systems, with forecasts ranging from 3-10 days in semi-automated systems and being continuously available for any future period in fully automated systems.

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18 views

Forecasting

Forecasting hotel room availability involves predicting the number of rooms available for rent on future dates based on past booking records, events, and unpredictable conditions. Factors like past booking trends, number of room arrivals and checkouts, cancellations, and natural disasters or emergencies are considered. The forecasting team processes this data to develop target figures and forecasts under both semi-automated and fully automated systems, with forecasts ranging from 3-10 days in semi-automated systems and being continuously available for any future period in fully automated systems.

Uploaded by

chefshibs
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Forecasting

Forcasting room availableity includes predicting the no. of the rooms available for rent on any
future date.

This type for forcasting helps manage the reservation procedure / process guide the front office
staff for effective room management can be used as on ocupancy forcast, which is useful in
attemting to schedule the necessary number of employee for expected volume of business.

Forcasting is based on various factors. Some imp points are as follow:-

1. Past record:- past record are of great imp while predicting availability of the rooms as
it shows the recent trends & the past history which will help in achiving maximum
occupancy level.
- Number of room arrivals
- No. of rooms walk-ins
- No.of rooms no- show
- No.of rooms cancellation.
- No.of rooms understays.
- No.of rooms checkouts.
- No. of rooms overstays.
2. Activities & events:- the activities & events hipping in a city are also taken into
consideration which helps in predicting the expected guests visiting the city who can be
the potential guest.
3. Unoredictable conditions:- they are those condition who will affect the forecasting
any time.
- Natural calamities- earthquakes, heavy snow falls, storms, etc.
- Emergency situtaion like blast, terrorist attacks, etc.
Completing forcast-

After collection all the necessary data the forecasting team process the information to develop
a target figure in order to produce forecasts, the forecasting will bw as reliable as the source of
data on which they are based. Under non-automated semi-automated systems, the number of
rooms available for sale forecasts can be calculated only upon demand & might-vary from
3days-10days forecasts. However, under fully automated system, forecasts can be done at any
moment for any future period of time.

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