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Front Office Budgeting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Forecasting Rooms Revenue ,[object Object],[object Object],[object Object],[object Object]
Forecasting Rooms Revenue Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Room Forecasting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Forecasting Room Availability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Forecasting Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Percentage Of No-shows ,[object Object],[object Object],[object Object],[object Object]
Percentage Of Walk-ins ,[object Object],[object Object],[object Object]
Percentage Of Overstays ,[object Object],[object Object],[object Object]
Percentage Of Understays ,[object Object],[object Object],[object Object],[object Object]
Rooms Availability Formula ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Rooms Availability Formula Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Establishing Room Rates ,[object Object],[object Object],[object Object],[object Object],[object Object]
1.  Market Condition Approach ,[object Object],[object Object],[object Object],[object Object],[object Object]
2.  Rule-of-thumb Approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2.  Rule-of-thumb Approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Hotel & Motel; Jan. 12, 2004
3.  Hubbart Formula Approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
3.  Hubbart Formula Approach ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Evaluating  Front Office Operations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Occupancy Percentage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Occupancy Percentage Example ,[object Object],[object Object],[object Object],[object Object],[object Object],80%
Daily Occupancy Rates
Average Daily Rate (ADR) ,[object Object],[object Object],[object Object]
Average Daily Rate Example ,[object Object],[object Object],[object Object],[object Object],[object Object],$100
Revenue per Available Room (RevPAR) ,[object Object],[object Object],[object Object],[object Object],[object Object]
RevPar Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],$80
Revenue per Available Room Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RevPAR Index ,[object Object],[object Object],[object Object],[object Object]
RevPAR Index - Example ,[object Object],[object Object],[object Object],[object Object],Below 100%  = Under Performing Hotel 100%  = Fair Share Above 100%  = Over Performing Hotel
RevPAR Index  Missed Revenue Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RevPAR Index ,[object Object],[object Object],[object Object],[object Object]

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Front office-management-and budgeting ppt

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