Hotel room rates are determined based on various factors like competition in the area, customer profiles, amenities offered, location, and publicity. Rates can be fixed on a check-in/check-out, 24-hour, or night basis and may include meals or be room-only. Formulas like cost-plus and rack rates set standard prices, while discounts apply for groups, corporations, seasons, families, and government employees. A hotel's tariff card publishes all room types and rates.
a presentation to explain the term room tariff, the basis of charging tariff, factors that make the rate go up or down. Also, the importance of tariff in success of a hotel in financial terms. Revenue management introduction.
a presentation to explain the term room tariff, the basis of charging tariff, factors that make the rate go up or down. Also, the importance of tariff in success of a hotel in financial terms. Revenue management introduction.
A short preparation to explain the various types of hotels, their special features, the needs that they fulfill, and the kind of customers/guests who would prefer each type.
A PowerPoint presentation for the students of second semester in Hospitality Management colleges.
The presentation contains lot of images and graphics for ease of understanding; and text has been minimised so as to reduce the sleeping effect, which prolonged reading has on the current generation of learners.
Night Audit in Front Office
Introduction
Functions of Night Audit
Duties of Night Auditor
Audit Posting Formula
Bucket Check
Night Audit Process
Night Audit Reports
Rate Variance Report
Revenue Report
Occupancy Report
Commission Report
High Balance Report
Operating Modes
Important Terminologies
Front Office Accounting
Basics of Front Office Accounting
Types of Accounts
Types of Folios
Types of Postings
Types of Vouchers
Accounting Terminologies
Accounting System
Credit Monitoring
Floor Limit
Credit Limit
House Limit
Front Office Accounting Cycle
Stages of Settlement
Internal Audit
Handling Cash Float
Types of Transactions
Business Traveler
Leisure Traveler
FIT, CIT, GIT, SIT, Group Traveler
Purpose of visit, Guest preference
On the basis of Purpose of Visit
On the basis of Size
On the basis of Origin
A detailed presentation to help the learner of the hotel management institute about the work of Bell Desk, Bell Boy, Bell Captain and Concierge. Also includes the various forms and formats used by the Bell Desk.
A short preparation to explain the various types of hotels, their special features, the needs that they fulfill, and the kind of customers/guests who would prefer each type.
A PowerPoint presentation for the students of second semester in Hospitality Management colleges.
The presentation contains lot of images and graphics for ease of understanding; and text has been minimised so as to reduce the sleeping effect, which prolonged reading has on the current generation of learners.
Night Audit in Front Office
Introduction
Functions of Night Audit
Duties of Night Auditor
Audit Posting Formula
Bucket Check
Night Audit Process
Night Audit Reports
Rate Variance Report
Revenue Report
Occupancy Report
Commission Report
High Balance Report
Operating Modes
Important Terminologies
Front Office Accounting
Basics of Front Office Accounting
Types of Accounts
Types of Folios
Types of Postings
Types of Vouchers
Accounting Terminologies
Accounting System
Credit Monitoring
Floor Limit
Credit Limit
House Limit
Front Office Accounting Cycle
Stages of Settlement
Internal Audit
Handling Cash Float
Types of Transactions
Business Traveler
Leisure Traveler
FIT, CIT, GIT, SIT, Group Traveler
Purpose of visit, Guest preference
On the basis of Purpose of Visit
On the basis of Size
On the basis of Origin
A detailed presentation to help the learner of the hotel management institute about the work of Bell Desk, Bell Boy, Bell Captain and Concierge. Also includes the various forms and formats used by the Bell Desk.
Room Rates is essential topic for front office staff for them to appropriately apply basic the type of payments required.
Room Rate Designations
The individual room rates within the rate structure are allocated a value based on certain characteristics
The room rate designation is the term used to specify the rate threshold within the overall structure, and therefore defines what position a specific rate will take within the overall rate hierarchy
The room rate designation does not specify an actual dollar value, it simply “ranks” all the rates within the rate structure
Rack Rate and Corporate Rate
Rack rate – the rack rate is the highest published rate a hotel can charge for a specific room. Rack rates can differ between room type, configuration, and designation
Corporate rate – this designation is designed to promote the corporate market segment. Typically the corporate rate reflects a 10 to 20% discount off the rack rate. The corporate rate is widely accepted as the transient target rate for most hotels. The target rate is simply an average rate goal a hotel sets to achieve for a certain day or market segment
Volume Account Rates
Volume Account rates – Also called preferred rates, the volume account rate trades a further discount of the corporate rate in exchange for a guaranteed number of room nights within a specific time period. The level of this discount is contingent upon the volume. These volume accounts are usually assigned a grade based on production and hotels with predetermine the number of room nights required to achieve each grade, and assign a rate accordingly
Volume Account Rates (Cont…)
For example:
“A” Accounts are entitled to a 20% discount off corporate rate
“B” Accounts are entitled to a 15% discount off corporate rate
“C” Accounts are entitled to a 10% discount off corporate rate
Government Rate
Government rate – Within most major cities, government agencies set predetermined rates that they will reimburse travelling employees for. This reimbursement rate is called a per diem, and for government employees, usually covers hotel, meals and other expenses. These per diems are set a year in advance and published so that all interested hotels can offer it.
Seasonal Rates
Seasonal rates – Resorts and other location types that see a fluctuation in demand due to the weather or the operation of a nearby attraction will vary their rates accordingly. Offering a different rate for in-season and out-season (off season) allows the hotel to alter their rate structure to compensate for this cyclical demand. A seasonal rate designation can apply to other rates as well.
Weekday/Weekend Rates
Weekday/Weekend rates – hotels of all location types will see fluctuating demand during certain days of the week. Traditionally, hotel location types see their weekday and weekend demand levels.
Advance Purchase Rates- An advanced purchase rate offers a greater discount based on the number of days in advance it is booked. A 7, 10 or 21 day adv
The slide is designed to be used by students who are starting to learn in an educational Institute.
It deals with Front Office Operations & Management.
Different prices for different guests is the foundation of the revenue management strategy in airlines, trains, cabs, cruises as well as hotels. But now we have discovered a beautiful new strategy called "Open pricing" where we keep all types of room rates open till the last moment. Learn more in this paper.
Another file in the series on Revenue Management, the most important topic in Hotel front Office. Concepts are presented in simple language.
How do you design a successful rate plan for your hotel? Why are some rate plans more successful than others?
We wanted to demonstrate how to build and analyze successful rate plans, with 4 examples of the most profitable rate plans hotels typically offer, along with a breakdown of why they’re valuable and how to use them.
Dr Sunil Kumar PPT and Document Link details - Google Sheets.pdfDr. Sunil Kumar
All PPT Link to Download
title
Hunar se rozgar in f & b service theory manual
Co operation to other department on hotel
Upselling methods
Checkout system
Bell boys
Bell desk
Arrival & departure
Career in tourism
Careers in the hospitality industry
Check out procedure
Classification of hotels
Club service facilities in hotels
Concierge functions
Concierge
Definition of hospitality
Effective complants handling
Eva floor
front office basic
Functions of reservation &porters
Grooming standards
Group check in
Guest check out
How to hadle complaints
How to write job descriptions
Introduction to the hospitality industry
Jobspecification
Mail handling
Mission statement
Notes on duties of f.o staff
Registration
Reservation channels
Reservation modes
Reservation sources
Reservation&room selling procedures
Reservation
Reservations
Rooms all type
Sections of front office department in hotels
Skills of f.o
Telephone techniques
Time share
Types of hotels
Types of hotels
Types of rack rates
Types of reservation
Types of tourism
career path in hospitality
Yield management
Job interview attire slide show
Food and bevarage sections in hotels
G.d techniques
Group discussion
House keeping basics
Importance of h.k deptt
Improving communication
Interview presentation1
Interview questions
Interview questions
Interview
Interview preparation for_website_68141_72873
Interviewing skills
Interviewing skills
Interviewing powerselling
Inventory of linen
Laundry equipment notes
Laundry location
Laundry
M.p tourism
Manager skills ppt
Moments of truth
Motivation
Opl
Personal hygine
Personality devolopment
Ppt mtivation
Ppt on managerial skills
fish ppt
Providing execeptional service
Quality service delivery
Quality service
Research project on medical tourism
Resources successful interviews
Resume &interview
Resume&interview preparation
Room status
Safety by h.k deptt
Self introduction
Service types
Service
Solving the mystique of interviewing
Table setting
Types of interview
Uniforms
Various tourism
Wash cycle
What towear
state institute of hotel management , tilyar lake , rohtak News
state institute of hotel management , tilyar lake , rohtak
Body language
introduction to hk_dept.
Wines of port & spain
1 beer and beer service
2 wine service
Alcoholic beverage
Alcoholic beverages
American whicky
Armagnac
Basic of wine
Beer ok
Beer1
Bitters
Brandy
Brandy2
Champagne
Cocktail
Cocktails
Cognac
Dine with wine
Distillation
English gin
French wines
Gin
Gin
Gin2
Irish whiskey
Italain win
Italy win (2)
Ital y win
Liqueur
Liqueurs
Eating market dynamics
the leela kempinski gurgaon delhi ncr
3 deptt of hotels
Advertisements
INTRODUCTION OF HOSPITALITY INDUSTRY
Banquet
Banquets
Bar operations
Bar operatioon
Basicskill
Beverage service
Body language new
Body language
Body language
Breakfast ok
Buffet
C.v&interview preparation
Calcutta times bash
Career planning1
Cheese ok
Wine project
01 menage
02 preparation of table
03 standard cover
04 sequence of service
05 silver service
Resort Management is the comprehensive and strategic oversight of all operations within a resort property, aimed at delivering exceptional guest experiences and maximizing profitability. It involves the efficient coordination of various departments, including accommodations, food and beverage, recreational facilities, guest services, and administration.
A successful resort management team ensures that all aspects of the resort are functioning seamlessly to create a welcoming and enjoyable environment for guests. This includes maintaining the highest standards of customer service, implementing effective marketing and sales strategies, managing reservations and bookings, coordinating housekeeping and maintenance services, and overseeing financial operations.
Resort managers are responsible for setting the overall vision and direction of the property, developing strategic plans to attract and retain guests, and ensuring that the resort meets or exceeds guest expectations. They work closely with department heads and staff to provide ongoing training and guidance, fostering a culture of exceptional service and professionalism.
In addition to guest satisfaction, resort management also focuses on financial performance. Managers are responsible for budgeting, cost control, and revenue management to optimize profitability. They analyze market trends, monitor competitors, and make informed decisions to drive revenue growth and operational efficiency.
Resort management also involves maintaining and enhancing the resort's physical infrastructure, including buildings, landscapes, and amenities. This includes regular maintenance, renovations, and upgrades to ensure a visually appealing and well-maintained property.
Furthermore, resort managers must stay abreast of industry trends, technological advancements, and evolving guest preferences. They leverage this knowledge to implement innovative practices, adopt sustainable initiatives, and deliver unique experiences that set their resort apart from competitors.
Digital Marketing All Module Sunil Kumar.pptxDr. Sunil Kumar
Slide 1: Introduction
Welcome to the Digital Marketing Presentation
Overview of the power and potential of digital marketing
Slide 2: What is Digital Marketing?
Definition of digital marketing
Importance of digital marketing in today's business landscape
Slide 3: Key Components of Digital Marketing
Search Engine Optimization (SEO)
Pay-Per-Click Advertising (PPC)
Social Media Marketing
Email Marketing
Content Marketing
Influencer Marketing
Slide 4: Benefits of Digital Marketing
Increased brand visibility and recognition
Enhanced targeting and personalization
Improved customer engagement and interaction
Higher conversion rates and ROI
Real-time tracking and analytics
Slide 5: Digital Marketing Channels
Website and Landing Pages
Search Engines (Google, Bing, etc.)
Social Media Platforms (Facebook, Instagram, LinkedIn, Twitter)
Email Platforms (Mailchimp, Constant Contact, etc.)
Online Advertising Networks (Google Ads, Facebook Ads, etc.)
Slide 6: Developing a Digital Marketing Strategy
Identifying business objectives and goals
Understanding target audience and buyer personas
Selecting the right digital marketing channels
Creating compelling content and messaging
Implementing effective tracking and measurement
Slide 7: Digital Marketing Tools and Technologies
Analytics platforms (Google Analytics, Adobe Analytics)
Customer Relationship Management (CRM) software
Marketing Automation tools (HubSpot, Marketo, etc.)
Social media management and scheduling tools
Content management systems (CMS)
Slide 8: Best Practices for Digital Marketing Success
Consistent branding and messaging
Mobile optimization and responsive design
A/B testing and optimization
Data-driven decision making
Continuous learning and staying updated with industry trends
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
3. TARIFF
Tariff means rate and when applied to rooms of a hotel it
means room rate.
Hotel room rate fixation is a difficult task. They are both
qualifiable and quantifiable.
The quantifiable aspect is that they can be measured and
structed to meet certain criteria.
The qualifiable aspect is that large amount of discretion are
allowed in which rates are implemented.
The combination of all the rates offered at a hotel is called
“Rate Structure.
4. BASIS OF CHARGING
Competition
Customer’s profile
Standards of service
Locality
Various amenities
Room location
Publicity
Price cuts for special business
5. COMPETITION
Rates must be competitive with other hotels of the
same standard and providing almost similar services
and facilities as provided by other hotels situated in
the same vicinity of the city.
6. CUSTOMER’S PROFILE
The category of customers coming to the hotel must
also be considered.
Their social status and financial status.
Example. Paying capacity , should be kept in mind.
7. STANDARDS OF SERVICES
Standards of services provided by the hotel are also
important while fixing room tariff.
The U.S.P. of hotel should be kept in mind while
deciding the room tariff.
More the amenities , higher the standard , so also
higher the room rate.
8. LOCALITY
The locality in which the hotel is situated gains prominence
while fixing room rates.
If the hotel is situated in a posh locality where all the
shopping malls and other facilities, approaches to airports
are worthy. room rate would be comparably higher .
The guest would not mind paying more if he get amenities
and facilities to his taste and likings.
9. VARIOUS AMENITIES
Various amenities the hotel is going to provide to the
guests such as air –conditioning in all the rooms ,
carpeting, swimming pool & tennis court equipment ,
conference halls , lobbies.
Special aspects of continental and Indian cuisine ,
cutlery and crockery , modern equipments and
machinery.
These things do count when factors of room – rates
are considered.
11. ROOM LOCATION
The location of the room also matters a lot.
Front rooms and rooms opening to better views would cost
more than dark rooms , corner rooms or opening to
indifferent chambers.
12. PUBLICITY
The amount of publicity done by a hotel and special budgets
prescribed for hotel publicity also matters in deciding the
room rates.
This type of expense has to be adjusted somehow as it has
no source of return but is a must in popularizing the various
services of a hotel.
13. TARIFF FIXATION
Check-in and check-out basis
Twenty-four hour basis
Night basis
Day basis
Inclusive taxes
Rule of thumb
Hubbart’s formula
14. CHECK –IN AND CHECK-OUT BASIS
It is the most common way of fixation of tariff
The hotel fixes a specific time usually 12.00 noon as
check-out time which means the guest charging
cycle begins from 12.00 noon and finishes at 12.00
noon on the next day.
For a guest staying in a hotel after 12.00 noon , next
day’s charge may be levied.
Accounting keeping is simple in this system.
15. TWENTY-FOUR HOUR BASIS
In this system the charges of room starts from the
time when the guest checks in and he has to pay for
one day upto 24 hours from the time of arrival.
This system is good for small and budget hotels
only.
16. NIGHT BASIS
In this system the guest is charged on the basis of
number of nights that he spend in the hotel he
irrespective of time of arrival.
If he spends two nights he will be charged for two
nights with a minimum of one day charges
17. DAY BASIS
Sometimes a guest may stay in the hotel for a few
hours only and may not spend the night in the hotel
at all.
In such cases where he stays only for six hours
maximum hotels may charge special discounted rate
and the rate is called “day rate or day use rate”.
18. INCLUSIVE & NON INCLUSIVE RATES
Hotels also charge room rates on the basis of meals provided
or not provided along with room to the guest.
European plan: where the tariff of room includes only in
the room rate for meals charged extra rate.
Continental plan: where the room tariff includes along with
room rate the continental breakfast also.
American plan: where the room tariff includes alongwith
room rates the English breakfast , table d’hote lunch and
dinner may also include.
Modified American plan : where the room tariff alongwith
room rates include English breakfast and one of the two
major meals either lunch or dinner.
19. RULE OF THUMB
Another very traditional way of charging room rate
is rule of thumb.
In this system “one Rupee” rate is fixed for every
Rs1000/- spent on room construction cost.
This is also called as ‘cost rate formula’.
20. ROOM TARIFF CARD
Room tariff is a document published by the hotel
for use by the travel trade , organization and
individual prospective guest.
The list includes prices of rooms classified into
different categories , such as single room , double
room , twin room , suites , etc. and meal plans such
as American , European and Continental etc.
Meals such as American , European and
Continental also.
21. RACK RATE
Rack rate is a term which refers to the normal room
rate of the hotel.
This is the room rate which is published on the
room tariff card.
This is also the rate which is written on the shannon
slip which is slipped in room rate of those hotels
which operate on whitney system.
22. CORPORATE RATE
This programmes covers corporate offices and
usually 15-25%discount can be given to the officers
coming from corporates.
The corporate rate is widely accepted as the
transient target rate for most hotels.
This is simply an average rate goal a hotel fixes
achieve for a certain day or market segment.
23. GROUP RATE
A Room tariff published in a document to group operators
which is commissionable only to retail travel agents , tour
operators and wholesalers.
Generally commissionable at 10% of the published rack rate.
24. GOVERNMENT RATE AND
DISCOUNTED RATE
Government employees are given per day allowance
for their travelling.
Accommodation and food by their office and some
hotels offer them a rate which give them room and
accommodation with in that price.
DISCOUNTED RATE: Airlines , travel agent
discounts rates should be fixed in competition to
other hotels of the area.
25. SEASONAL RATE, CRIB RATE AND
EXTRA BED RATE
Seasonal Rate: Season and Resort hotel which usually have
fluctuating demand change their rate usually as per the
seasonally and offer different rates for In season and off
season.
Crib Rate : A special rate applicable to children below 12
years of age and accompanying their parents.
Extra bed Rate: Generally one fourth of the published room
rate.
26. FAMILY RATE
Special rates for families – for example , one couple and a
child below 5 years , then the rate may be for one double
room.
One couple with two children below 12 years , the rate may
be one double room plus one extra bed rate etc.