Guest Count Forecast

The Guest Count Forecasting calculator estimates the guest count based on last years guest count and the predicted percent increase.

INSTRUCTIONS: Enter the following:

• (LY) Guest Count Last Year
• (IE) Expected Change from Last Year

Guest Count Forecast (GCF):  The calculator returns the estimated guest count for this year.

The Math / Science

The formula for the Guest Count Forecast is:

     GCF = LY + (LY • IE)

where:

• GCF = Guest Count Forecast
• LY = Guests Last Year during the same period
• IE = Percent Expected Increase or Decrease

Guest Count Forecasting is the process of a company predicting what its future guest count will be. This forecast is done for a particular period of a time in the near future, usually the next fiscal year.

Hospitality Calculators

• Average Cost per Room - Average expense per room for a period of time.
• Average Daily Rate - Average daily income rate for rooms rented
• Average Sales per Guest Forecast - Forecast based on total forecast and guest count forecast.
• Break-Even Point in Guests Served - Computes the number of guests needed to break even based on fixed costs and margin per guest.
• Contribution Margin per Guest - Computes the margin per guest based on selling price per guest and variable cost per guest.
• Contribution Marge Percent - Computes the percent of contribution margin based on the Selling Price percent and the Variable Cost percent.
• Cost of Food Consumed - Computes the cost of food based on inventory change and purchases.
• Estimated Room Expenses -  Computes the estimated annual expense of rooms based on the expense per room and number of rooms.
• Food Cost Percent for a Restaurant - Computes the percent of costs associated with food for a restaurant.
• Food Selling Price - Computes selling price based on Item Food Cost and percent allocated to food commodity.
• GOPPAR - Gross Operating Profit Per Available Room - Computes the profit based on the gross profit and the total rooms available.
• Guest Count Forecast - Guest count forecast based on last year's and an expected increase.
• Percent Sales Variance - Computes the percentage of the difference in sales in two periods. 

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.