The night auditor prepares the daily operations report, a summary of the day's business from which the general manager and different department heads can review revenues, receivables, operating statistics, and front office cash receipts and disbursements; departmental reports on revenue and expenditures; and a credit report, which lists guest accounts remaining unpaid three days after billing, and any unusually large guest charges or balances. This report contains a summary of a hotel's financial activities during a 24 hour period. The daily operations report provides a means of reconciling cash, bank accounts, revenue, and accounts receivable. The report also serves as a posting reference for various accounting journals and provides important data that must be input to link front and back office computer functions. Also included in the daily operations report are rooms statistics and occupancy ratios and comments and observations from the accounting staff. For example, statistics about the number of guests using the hotel's valet parking services take on added significance when remarks indicate that valet sales are down while occupancy is up. The front office manager may assume that the front office staff is not properly promoting available guest valet parking services. Typically information provided by the daily operations report is not restricted to the front office manager or hotel general manager. Copies of the daily operations report are generally distributed to all department and division managers in the hotel.
Hotel Occupancy Reports are needed for tax purposes.
404 as stated by NISTA's report
Hotels tend to be more up-class establishments compared to inns. Hotels are typically found in large cities with a much higher occupancy allowance than inns.
Domestic occupancy percentage in hotels refers to the proportion of rooms occupied by guests who are residents of the same country where the hotel is located, as opposed to international tourists. This metric is crucial for understanding a hotel's performance in attracting local clientele, which can be influenced by factors such as regional events, business travel, and seasonal trends. A higher domestic occupancy percentage often indicates strong local demand and can help hotels tailor their marketing strategies to attract more local guests.
Yes, hotels typically accept walk-in reservations, but availability may vary depending on the hotel's occupancy levels. It is recommended to call ahead to check for availability.
Yes, hotels typically have policies in place to monitor the number of guests staying in a room to ensure compliance with occupancy limits and safety regulations.
To get REV Par for Ritz Carlton hotel you must: %occupancy * Rev room
Yes, hotels typically allow walk-in guests, but availability may vary depending on the hotel's occupancy levels and policies. It is recommended to call ahead to check for room availability.
Yes, hotels typically accept walk-in guests, but availability may vary depending on the hotel's occupancy levels and reservation policies. It is recommended to call ahead to check for availability before arriving.
just go to another place where there are more hotels, besides do u really need that much hotel rooms?
Single occupancy is typically more expensive than double occupancy because the cost of maintaining and servicing a room is often spread across two guests in a double arrangement. Hotels and accommodations charge more for single occupancy to compensate for the lower revenue per room when only one person is staying. Additionally, single travelers may seek more privacy and amenities, which can justify the higher price.
The Double Occupancy Rate is calculated by dividing the number of rooms sold to two guests by the total number of rooms sold, then multiplying by 100 to express it as a percentage. For example, if a hotel sold 50 rooms, and 30 of those were occupied by two guests each, the calculation would be (30/50) x 100, resulting in a 60% double occupancy rate. This metric helps hotels assess their performance in maximizing room occupancy levels.