How to find projected booking revenue

The Projected Booking Revenue Line in SummerOS helps you visualize your revenue projections alongside your competitive set and actual booking revenue. If you need to adjust the start date for this line, you can do so by using the Forecast tool in SummerOS. 

Watch now to get started, or keep reading for step-by-step instructions.

Step 1: How to get there

1. Navigate to the Revenue Page of your property in SummerOS.
2. Identify the Projected Booking Revenue Line, which represents the revenue projections for your property over time.

If the line starts later than expected (e.g., starting in June 2024 instead of July 2022), follow the steps below to update it.

In the top-right corner of SummerOS, click the Forecast button. This will open the same property in Forecast.

Step 2: Update the projection start date 

1. Go to the Sets Tab in Forecast.
2. Click the Projections button. Here, you'll see the current start date of the projections.
3. Click Edit Projections and locate the Monthly Forecast section.
4. Click the Edit button next to the start date.
5. Use the calendar to select the correct start date.
6. Click Save to update the start date.

Step 3: Save your changes

1. After updating the start date, click the Save Projections button. This ensures the changes are stored and linked back to SummerOS.
2. The updated projections will now span the correct timeframe.

Step 4: Sync your changes with SummerOS

1. Return to SummerOS and refresh the Revenue Page.
2. The Projected Booking Revenue Line will now start at the updated date.

Step 5: Review the updated projections

1. Compare the updated projected booking revenue line with:
   • Actual Booking Revenue: See how the property performed against projections.
   • Competitive Set Revenue: Evaluate how your property's performance stacks up.
2. Use the filters to hide or show additional data, such as Net Booking Revenue or other performance metrics.

Key points to remember

You can use this feature to better align historical revenue data with current and future projections. Changes made in Forecast automatically sync with SummerOS. Adjusting the projection start date ensures accurate comparisons over the entire operational timeline of your property.

Updating the projected booking revenue line in SummerOS is a simple process with Forecast. By ensuring your projections reflect the correct start date, you can better analyze your property's performance and make informed decisions to grow revenue. 

For additional help, visit our Help Center, hit the chat window in SummerOS, or contact us directly at support@summeros.com.