Hospitality Financial M1

Select examples of operating supplies

• Iron

• Cleaning chemicals

• Keycards

• Registration cards

Guest supplies include. . .

• Bottled water provided in room

• Coffee

• Consumable supplies

• Amenities

Commissions and fees includes payment made to . . .

• Third party housing companies

• Fees paid to Government agencies

• Money paid as gift to influencers

• Third party meeting planners

Percentage of Departmental Profit can be calculated as

• Total Revenue/ Departmental Profit

• Departmental Profit/ Departmental Costs

• Departmental Profit/ Total Dept. Revenue

• Total Revenue - Total Expenses

Food Cost % =

• Cost of food sales/ Total food revenue *100

• Total food revenue/ Cost of food sales *100

• Total food revenue - Total food cost *100

• Total food cost - Total food revenue *100

ADR (Average Daily Rate) =

• Total Rooms Revenue/ Rooms Sold

• Total Rooms Sold/ Total Rooms Revenue

• Daily Rooms Rate/ Number of Days

• Total Rooms Revenue - Total Rooms Cost

RevPAR stands for

• Daily Revenue

• Revenue for Rooms

• Revenue for Total Rooms

• Revenue per Available Room

RevPAR =

• Rooms Revenue - Rooms Cost

• Total Rooms Revenue/ Rooms Available

• Total Rooms Revenue/ Total Rooms Inventory

• Rooms Cost - Rooms Revenue

MPI (Market Penetration Index) measures

• Occupancy performance against compset

• ADR against compset

• RevPAR against compset

• Forecast against compset

RGI (Revenue Generating Index) measures

• Hotel's RevPAR performance against compset

• Hotel's Revenue against compset

• Hotel's ADR performance against compset

• Hotel's Profit performance against compset