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Hotel Front Office Management, 3rd Edition

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GLOSSARY 419motivation: investigating employee needs and desires and developing a framework formeeting themMurphy bed: a bed that is hinged at the base of the headboard and swings up into thewall for storage, an example being the SICO brand wallbedneeds analysis: assessment of the flow of information and services of a specific propertyto determine if proposed new equipment can improve the flownight audit: the control process whereby the financial activity of guests’ accounts is maintainedand balanced on a daily basisnight auditor: a person who balances the daily financial transactions of guests who haveused hotel services, acts as a desk clerk for the night shift, and communicates with thecontrollerno-show factor: percentage of guests with confirmed or guaranteed reservations who donot show upoccupancy management formula: calculation that considers confirmed reservations, guaranteedreservations, no-show factors of these two types of reservations, predicted stayovers,predicted understays, and predicted walk-ins to determine the number of additionalroom reservations needed to achieve 100 percent occupancyoccupancy percentage: the number of rooms sold divided by the number of rooms availableon-line: operational and connected to the main computer systemon-the-job training: a training process in which the employee observes and practices atask while performing his or her joboperational effectiveness: the ability of a manager to control costs and meet profit goalsoperational reports: operational data on critical financial aspects of hotel operationsoptimal occupancy: achieving 100 percent occupancy with room sales that will yield thehighest room rateoptimal room rate: a room rate that approaches the rack rateorganization charts: schematic drawings that list management positions in an organizationorientation checklist: a summary of all items that must be covered during orientationorientation process: the introduction of new hires to the organization and work environment,in order to provide background information about the propertyoutsourcing: provision of service to the hotel—for example, a central reservation system—byan agency outside of the hoteloutstanding balance report: a listing of guests’ folio balancesoverbooking: accepting reservations for more rooms than are available by forecasting thenumber of no-show reservations, stayovers, understays, and walk-ins, with the goal ofattaining 100 percent occupancyTLFeBOOK

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