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Siebel Hospitality Guide > Managing Property-Specific Menus and Packages > Revenue Estimate Examples for Menus and PackagesThe examples in this topic illustrate several system-calculated revenue estimates, as follows:
Package Per Person or Package Each Revenue EstimateIn this example, the ultimate parent package is a Package Per Person or a Package Each. This ultimate parent package has a unit net price of $75. You must manually set the per person allocations of the child items to equal $75. The quantity of each child item is irrelevant to the revenue estimating process. The line item details of this example are displayed in Table 36. The revenue estimates for the various revenue categories are listed in Table 37. Package Item Price Revenue EstimateIn this example, the ultimate parent package is a package item price. Siebel Hospitality does pricing and revenue estimating on each child item individually and ignores the parent package item price. The line item details of this example are displayed in Table 38. The revenue estimates for the various revenue categories are listed in Table 39. Menu Per Person Set Price Revenue EstimateIn this example, the parent package is a set price menu. The menu has a price and a revenue category. There are no per person allocations. The revenue estimate equals the extended net price of the menu. The line item details of this example are displayed in Table 40. NOTE: If the menu is a child item of a Package Each or a Package per Person, it may have a per person allocation. In this case, the revenue estimate is based on the per person allocation. The revenue estimates for the various revenue categories are listed in Table 41. Menu Per Person Split Price Revenue EstimateIn this example, the parent package is a split price menu. The price of the menu depends on the selections the customer makes. Here the customer can either choose Menu Item 1 or Menu Item 2. Each item has a price and a revenue category. The revenue estimate is equal to the extended net price of the split items. The line item details of this example are displayed in Table 42. The revenue estimates for the various revenue categories are listed in Table 43. |
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