Blossary – Hotel management Terms

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Management of a hotel operation includes but is not limited to management of hotel staff, business management, upkeep and sanitary standards of hotel facilities, guest satisfaction and customer service, marketing management, sales management, revenue management, financial accounting, purchasing, and other functions. The title "hotel manager" or "hotelier" often refers to the hotel's general manager who serves as a hotel's head executive, though their duties and responsibilities vary depending on the hotel's size, purpose, and ownership. Generally, the hotelier will contribute to the business' profitability.

Category: Business

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Number of Blossarys: 40

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Uniform System of Accounts for Restaurants (USAR)

Short for Uniform System of Accounts for Restaurants. The standardized accounting procedures for the restaurant industry, including those related to the presentation of operating results in the ...

midscale hotel

Hotels that offer some business and recreational amenities fall into the midscale category. Midscale hotels may or may not offer food and beverage services. This segment typically contains properties ...