Glossary

Glossary

Definitions around AI forecasting for hospitality: restaurant forecasting, cruise-impact forecasting, Spanish food-waste law and more.

Restaurant Forecasting

Restaurant forecasting is the data-based daily prediction of guest numbers, revenue and staffing requirements for hospitality venues. Modern solutions combine weather, local events, seasonal patterns and historical data into concrete staffing and inventory recommendations per shift.

Cruise-Impact Forecasting

Cruise-impact forecasting predicts the effect of cruise ship calls on the daily business of nearby restaurants and beach clubs. For each call, ship size, passenger count, dwell time, day of the week and weather are combined into an expected revenue uplift factor.

Spanish food-waste law (Ley 1/2025)

The Spanish food-waste law (Ley 1/2025, of 1 April, on prevention of food losses and waste) requires food businesses since 2 April 2025 to prevent, measure and publicly report on food waste. Larger businesses must publish a written prevention plan and face substantial fines for non-compliance.

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Glossary – Restaurant forecasting terms | GastroForecast