This document discusses forecasting methods for hotel room revenue. It explains that forecasts are used to update operating budgets based on current business levels and market conditions. There are generally four types of patterns that impact forecasts: seasonal, cyclical, trend, and random variations. The document then provides details on each of these patterns and how they should be factored into forecasts. It also includes an example forecast for room revenue at a hotel over a ten day period with actual data and projections broken down by market segment.