MODULE 3: FORECASTING Flashcards
process of predicting the occupancy in a hotel
FORECASTING
total number if rooms in the hotel
NUMBER OF ROOMS
maintenance rooms that cannot be sold today
OUT OF ORDER
total number of rooms that can be sold today
INVENTORY
blocked rooms
ROOMS SOLD
checked-out guests
DEPARTURES
rooms that need to be sold today
AVAILABLE FOR SALE
maintenance rooms that can be sold today
OUT OF SERVICE
free rooms
COMPLIMENTARY
official use rooms (zero rate)
HOUSE-USE
guests who are still in the hotel
IN-HOUSE
guests who are about to check-in within the day
ARRIVALS
rooms with people in it
ROOMS OCCUPIED
people who didn’t show up even though the rooms are reserved and guaranteed
NO-SHOW ROOMS
people who cancelled the room (no payment)
CANCELLED