FACTORS AFFECTING BUDGET PLANNING
The following are the elements, which have an n, affects on the front office budget planning.
1.Accommodation: This is one of the...
MAKING A FRONT OFFICE BUDGET
The most important long term planning of the Front Office Management team is Budgeting the Front Office Operations.Every hotels Annual...
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,...
Types of forecast
TYPES OF FORECAST
Front office may have several types of forecasting formats.
Occupancy forecast are developed typically on monthly basis and are reviewed by...
Types of Forecasting techniques
Qualitative methods: These types of forecasting methods are based on judgments, opinions, intuition, emotions, or personal experiences and are subjective in...