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What are the contributions of Cesar ritz to the hospitality industry?
Cesar Ritz was the founder of several widely acclaimed hotels including the Ritz Hotel in London and the Hotel Ritz in Paris. He was the first to mandate that "The customer is always right."
Importance of front office operation in hotel?
The front office in a hotel is important, because guests may have questions or may need help with something. The front office is responsible answering phone calls and scheduling guests.
What is the importance at hospitality marketing?
Hospitality marketing is a course or concept where people are trained for hospitability jobs such as that in hotel staff, marketing staff, those who work in cruise ships, restaurants and tourism.
Im doing a finance project in a hotel?
When working on a finance project in a hotel, it's important to consider various financial aspects such as revenue management, cost control, budgeting, and financial analysis. You may want to analyze the hotel's financial statements, evaluate its profitability ratios, and assess its cash flow management. Additionally, understanding key performance indicators (KPIs) specific to the hospitality industry can provide valuable insights into the hotel's financial health and performance.
How can I find ADR (average daily rate) for a hotel or accommodation?
To find the ADR for a hotel or accommodation, you can divide the total revenue earned from room bookings by the number of rooms sold. This will give you the average daily rate, which is a key metric in the hospitality industry for measuring the average price guests pay per room per day.
