🏨 Learn Hotel Management Online Fast!
📚 Today, you will learn about:
- Hotel Industry Segmentation
- Organizational Structure
- Professional Hotel Terminology
🏖️ Hotel Industry Segmentation:
- Hotels: Provide short-term accommodation and additional services like food and beverage.
- Resorts: Located in tourism destinations, offering various types (e.g., beach, spa, ski).
- Hostels: Shared accommodations for budget travelers.
- Bed and Breakfasts: Small establishments offering overnight stays and breakfast.
- Furnished Apartments: Long-stay accommodations with private kitchens.
- Timeshare: Shared ownership of a property for specific time periods.
🏢 Organizational Structure of a Hotel:
- Hotel Owner: Usually hires a management company.
- General Manager: Oversees entire hotel performance.
- Operations Manager: Manages daily operations.
- Departments:
- Front-of-the-House: Direct guest contact (e.g., front office, food and beverage).
- Back-of-the-House: Support services (e.g., accounting, human resources).
📊 Key Hotel Departments:
- Front Office: Key revenue department.
- Food and Beverage: Includes restaurants, bars, and room service.
- Housekeeping: Maintains cleanliness and prepares guest rooms.
- Sales and Marketing: Responsible for financial performance and visibility.
- Accounting: Tracks all transactions and financial data.
- Human Resources: Manages employee recruitment and training.
- Engineering: Maintains hotel facilities and equipment.
- Security: Protects guests and property.
📈 Hotel Terminology:
- ADR: Average Daily Rate, a key performance indicator.
- BAR: Best Available Rate, lowest rate for booking.
- CRS: Central Reservation System for managing hotel information.
- Occupancy Rate: Percentage of rooms sold.
- OTA: Online Travel Agencies for booking services.
- PMS: Property Management System for front office functions.
- RevPAR: Revenue Per Available Room, a profitability metric.
- SOP: Standard Operating Procedures for consistent service delivery.
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📅 Learn in detail about hotel operations, key departments, and professional terminology. Quizzes and additional lectures included!