Home Bsc Semester 5 Bsc Front Office Management Sem 5

Bsc Front Office Management Sem 5

PLANNING AND EVALUATING FRONT OFFICE OPERATIONS

FRONT OFFICE MANAGEMENT FUNCTIONS PLANNING AND EVALUATING FRONT OFFICE OPERATION: Planning: At...

Hubbart Formula, market condition approach & Thumb Rule

What is Hubbart Formula ? Hubbart Formula is a bottom-up approach to pricing rooms...

Types of discounted rates – corporate rack etc.

Types of Rate Codes used in hotels Hotels always have more than one rate code category for each...

Forecasting techniques

Qualitative methods: These types of forecasting methods are based on judgments, opinions, intuition, emotions, or personal experiences and are subjective in nature. They do not rely on any rigorous mathematical computations. Quantitative methods: These types of forecasting methods are based on mathematical (quantitative) models, and are objective in nature. They rely heavily on mathematical computations.

FORECASTING ROOM AVAILABILITY

FORECASTING ROOM AVAILABILITY Forecasting room availability is forecasting the number of rooms available for sale on any future...

Forecasting data

Forecasting Data The process of forecasting room availability generally relies on historical occupancy data. To facilitate forecasting ,the...

Types of forecast

Types of forecast TYPES OF FORECAST Front office may have several types of forecasting formats.

Evaluating front office operations

Evaluating Front Office Operations A successful front office manager shall continuously evaluate the results of department activities on...

Budget

Budget  Defination : A budget is the monetary or and quantitative expansion of business plans and policies to...

Types of budget and budget cycle

TYPES OF BUDGET 1- MASTER BUDGET – A master budget is a comprehensive projection of how management expects...