Average Sales per Guest Forecast

The Average Sales per Guest Forecasting calculator computes the Average Sales based on a forecast amount of sales and forecast Guest Count.

INSTRUCTION: Choose the preferred currency units and enter the following:

• (SF)  This is the sales forecast.
• (GCF)  This is the Guest Count forecasts.

Forecasted Average Sales: The calculator returns the forecasted average sales per guest in U.S. dollars.  However, this can be automatically converted to other currencies via the pull-down menu. 

General Information

Average Sales per Guest Forecasting is the process of a company predicting what its future Average 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.

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.