Lodging Final- Study Guide

Lodging Final- Study Guide - Financial statement 1 total...

Info icon This preview shows pages 1–2. Sign up to view the full content.

Financial statement 1. total rooms in hotel= avail. Rooms/ days in month 2. ADR= revenue/ # of occupied rooms (CPOR= cost per occ. Room) 3. Occ. (%)= # occ. Rooms/ # avail. Rooms 4. RevPar= ADR* Occ. % 5. Other expenses ( linen, cleaning supplies, guest supplies, laundry) /#occ. Rooms(%) make sure these are in line (Actual-Budget) IF paying more than budget for  linen , check what destroyed, sheets ripped. For  cleaning supplies check for HSKPing wasting supplies (use too much), someone stealing supplies, not being diluted  prop. For  guest supplies , HSKPing using shampoo to clean, inventory- mistake in counting? For  Laundry , chemicals not diluted properly?   Wage and hour report Productivity= Hours/ # occ. Rooms -if same, productivity= in line For HSKPers, productivity % * 60 = # of min. to clean 1 room if actual time is more than budget, maybe short staff.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.
  • Fall '05
  • Credit card, Cheque, contact w/ hotel, w/out agreeing w/

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern