Term
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Definition
| The average rate obtained from the selling of rooms during a certain period of time. |
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Term
| Consolidated room sales summary |
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Definition
| A projection of revenues for the 12 months of the upcoming year based on the frecasted percentage of occupancy and average daily rate. |
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Term
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Definition
| A determinant of expenses per room sold obtained by dividing each budget expense category by the number of rooms sold. |
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Term
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Definition
| The result of subtracting the total of a department's expenses from the departmental revenue. |
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Term
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Definition
| The products used in laundry operations such as breaks and antichlors. |
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Term
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Definition
| An amount budgeted for replacing discarded or stolen linens in laundry operations. |
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Term
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Definition
| Services contracted out to an outside company to be performed at a property, such as area carpet cleaning. |
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Term
| Printing and stationary supplies |
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Definition
| Cost budgeted to cover expenses of guest folios, forms, and other clerical supplies. |
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Term
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Definition
| The number of rooms sold or projected to be sold for a certain period of time. |
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Term
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Definition
| Cards used by employees to clock in and out in noncomputerized operations. |
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Term
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Definition
| A summary of hours worked by hourly employees taken from time cards in noncomputerized operations. |
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Term
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Definition
| Document with the changes in revenue, expenses, and income from budget by category. |
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