BTT 203 Flashcards
Total # Of Rooms =
Total Available Rooms + Out of Order + Stay overs + Arrivals
Total Of Occupancy Rooms =
Stay Overs + Arrivals.
Arrivals =
Transient + Group picked up
Occupancy Rate =
Occupied Room divided by Total Number of rooms
ADR =
Total Room Revenue divided by Total number of occupy Rooms
Revenue Per available Room =
Total Room Revenue divided by Total # Of Rooms in the Hotels
Or
ADR x Occupancy Rate.. This will give you the same number
Group Block
Group Block is the number of group rooms you have decided to take out of your inventory for groups that have signed contracts to stay at your property
Folio
A hotel folio is the record of the number of guests received in the hotel. The document shows the trend in the visits received over time. It helps the management to know whether the hotel business has performed well over a given period of time
O O O
Out of Order
Transients
Individual- Reservation people
Hotel spread sheet
start out of a 2 weeks periods
Revenue management system consists of
Room available for sale. Room rate. Rate code
Rate code colors
Blue=low. Green= high. Rack= normal. Red = more demand.
30 days or less we use
demand forecast or occupancy rate
Housekeeping status
Dirty . Clean. Read. OOO