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  • Making Front Office Budget

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    Shashika Lahiru
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    The document discusses making a front office budget for a hotel. It explains that the annual budget is divided into monthly, weekly, and daily plans to address all revenue sources and expense items. The revenue management team and accounting division play a key role in forecasting the budget for the front office department. It also notes that room division profits are usually higher than other departments, so an accurate room budget is equivalent to creating a budget for the entire hotel.

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    How to make a Budget for Front Office

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    The document discusses making a front office budget for a hotel. It explains that the annual budget is divided into monthly, weekly, and daily plans to address all revenue sources and expense items. The revenue management team and accounting division play a key role in forecasting the budget for the front office department. It also notes that room division profits are usually higher than other departments, so an accurate room budget is equivalent to creating a budget for the entire hotel.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    997 views1 page

    Making Front Office Budget

    Uploaded by

    Shashika Lahiru
    The document discusses making a front office budget for a hotel. It explains that the annual budget is divided into monthly, weekly, and daily plans to address all revenue sources and expense items. The revenue management team and accounting division play a key role in forecasting the budget for the front office department. It also notes that room division profits are usually higher than other departments, so an accurate room budget is equivalent to creating a budget for the entire hotel.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Making front office budget

    MAKING A FRONT OFFICE BUDGET

    1. The most important long term planning of the Front Office Management team is Budgeting
    the Front Office Operations.
    2. Every hotels Annual Operation Budget is a Profit Plan that addresses all Revenue Sources
    and Expense Items.
    3. Annual Budgets are divided into Monthly Plans which in turn are divided into Weekly and
    Daily Plans.
    4. The Revenue management team and accounting division plays a great role in forecasting
    the budget for the department.

    Note: It is marked that the Room Division Profits are usually higher than any other department;
    therefore it is very important to make an accurate room Budget as it is equivalent to creating a
    Budget of the hotel.

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