What is Micellaneous revenue?

space rental, commissions, and interest income

Structure of Operating Statement will include:

Financial ratio, Operating revenue, Dept Exp, Undistributied Operation Exp

How many categories of departmental expenses, each of which relates to an operated department revenue category

Four categories of departmental expenses: Room, F&B, OOD and Miscellaneous

Three categories of departmental expenses: Room, F&B, OOD

Two categories of departmental expenses: Room, F&B

Departmental expenses are separated into how many group?

Four groups: Cost of Sales, Cost of Other Revenue, Labor Costs and Related Expenses, Other Expenses

Three groups: Cost of Sales, Labor Costs and Related Expenses, Other Expenses

Three groups: Cost of Sales, Labor Costs and Related Expenses, Cost of Other Revenue

Four groups: Cost of Sales, Cost of Other Revenue, Labor Costs and Related Expenses, Fees

How to calculate Total Deprt Profit?

Total Departmental Profit = Profit of Room + Profit of F&B + Profit of OOD

Total Departmental Profit = Total Revenue of ((Rooms, FB, OOD & Miscellaneous) - Total Expenses of (Rooms, FB, OOD)

Total Departmental Profit = Total Operating Revenue - Total Departmental Expenses

What is Room Available

the number of Hotel rooms that are available for sale to guests which does not include house use or commercial rooms but includes rooms which are out of order and complimentary rooms

Room available include out of order and complimentary rooms

Room Sold = Total room – HSE – OOD - COMP

Room Sold = Total room – OOD - COMP

Room Sold = Total room – HSE –COMP

Average Daily Rate (ADR)

the ADR reveals the average rate charged per sold room and is calculated by dividing total rooms revenue for a period by the number of rooms sold during that period. Complimentary rooms are not included in the denominator of the ADR calculation

the ADR shows the amount of revenue generated by one room, whether booked or not. There are two ways to calculate it

the ADR shows the amount of revenue generated by one room, whether booked or not. There are two ways to calculate it. You can either divide your total room revenue by the total number of available rooms

the ADR reveals the average rate charged per sold room and is calculated by dividing total rooms revenue for a period by the number of rooms available during that period. Complimentary rooms are not included in the denominator of the ADR calculation

An occupancy rate is measured by dividing the number of occupied rooms by the number of available rooms and multiplying by 100, showing the percentage of rooms occupied at a specific moment

Occ % = No of Occ room / Room Inventory

Occ % = No of Occ room / Room Sold

Rooms Revenue per Available Room (RevPAR)

RevPAR shows the amount of revenue generated by one room, whether booked or not. There are two ways to calculate it. You can either divide your total room revenue by the total number of available rooms OR multiply ADR by the occupancy rate.

RevPAR shows the amount of revenue generated by one room sold. You can either divide your total room revenue by the total number of Room sold

RevPAR shows the amount of revenue generated by one roominventory , whether booked or not. There are two ways to calculate it. You can either divide your total room revenue by the total number of available rooms OR multiply ADR by the occupancy rate.

if you have a 100-room hotel and last night guest paid 50 rooms, 2 rooms – house use for GM & EAM, 3 complimentary rooms for S&M; 5 rooms OOD; Rooms: 10,000$, F&B: 5,000$, Spa 2,000$, paid out commission: 100$

Occupancy (%)= (50+3)/98 = 54.08%

It is a KPI which refers to the Hotels profits after subtracting all of their operating expenses. It illustrates the level of operational profitability of a hotel GOP Formula: Gross Operating Revenue – Gross Operating Expences

It is a KPI which refers to the Room revenue after subtracting all of their operating expenses. It illustrates the level of operational profitability of a hotel GOP Formula: Operating Revenue of Room– Gross Operating Expences

It is a KPI which refers to the Room profits after subtracting all of their operating expenses. It illustrates the level of operational profitability of a hotel GOP Formula: Gross Operating Room Revenue – Gross Room Expences

one of the essential performance indicators that basically shows how much money each room brings you. Monitor it throughout time and compare it to your competitors to make decisions about your pricing strategy

an important KPI that shows how full your hotel is. To understand how your hotel is performing in different periods & what to focus your marketing efforts

one of the most popular metrics in hospitality. It’s similar to ADR, but takes the unsold room into account, giving a more accurate picture. hoteliers have to aim at increasing their RevPAR since it reflects both the pricing for rooms and the ability to fill them

an important indicator for hotels managing multiple points of sale to develop the revenue potential of all hotel departments and adjust the package offers as well as the entire upselling strategy

Occupancy (%) - Why to use?