The Sales per Guest Forecast calculator computes as forecasted Sales per Guest based on last year's average sales per guest and the estimated increase.
INSTRUCTIONS: Choose the preferred currency and enter the following:
(LYS) This is Last Year's Average Sales per Guest.
(EI) This is the Estimated Increase in sales per guest.
Sales per Guest Forecast: The calculator returns the forecasted sales per guest in U.S. dollars. However, this can be automatically converted to other currencies via the pull-down menu.
Sales per Guest Forecasting is the process of a company predicting what its future Sales per Guest will be. This forecast is done for a particular period of a time in the near future, usually the next fiscal year.
Resource:
Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
"Sales Forecasting Definition - at TrackMaven.com." TrackMaven. N.p., n.d. Web. 08 Aug. 2015.
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