PLANNING AND EVALUATING FRONT OFFICE OPERATIONS
FRONT OFFICE MANAGEMENT FUNCTIONS
PLANNING AND EVALUATING FRONT OFFICE OPERATION:
Planning: At the planning stage, the front office manager shall determine the department’s goals. Later,...
Capital and Operations Budget for Front Office
CAPITAL AND OPERATIONAL BUDGET FOR FRONT OFFICE
The main objective of the cash budget is to determine the cash inflow, cash outflows and the resulting...
FORECASTING ROOM AVAILABILITY
FORECASTING ROOM AVAILABILITY
Forecasting room availability is forecasting the number of rooms available for sale on any future date. This type of forecasting helps manage...
What is Hubbart Formula, market condition approach & Thumb Rule
What is Hubbart Formula ?
Hubbart Formula is also known as bottom-up approach to pricing rooms introduced by Roy Hubbart in 1940. This approach considers...