Question

In: Operations Management

Provide two 2 major ways by which the Front office manager can control credit in Hotels

Provide two 2 major ways by which the Front office manager can control credit in Hotels

Solutions

Expert Solution

Following are the two major ways, front office manager can control credit in hotels, and these are as stated below:

  • Hotel may get such guests, whose account will be settled not by them but by their companies. Here, front office manager should keep knowledge that hotel bills are to be paid by the companies. Hence, they should know about the requirements from company authorities, they should negotiate the pricing by taking beforehand process. Here, they should assign some credit limit for such guests and follow up that whether such limits are utilized by the guests or not. They should also look for balance credit amount and define the reservation status of guest over time and look for the way to receive the payment from company authorities.
  • Front office manager can also control credit in hotels by settling the accounts of guest with the help of credit card. Here, hotel authority will connect with the credit card company of the guest and change necessary amount in the account of guest. That amount also to be approved by the guest and request to charge that amount to be sent to respective bank, so bank authority can pay necessary amount to the hotel authority.

Related Solutions

Case 401 Hotel Front Office Management Ana Chavarria, front office manager, and Lorraine DeSantes, director of...
Case 401 Hotel Front Office Management Ana Chavarria, front office manager, and Lorraine DeSantes, director of marketing and sales, have just returned from a computer conference at which they were able to look at the latest property management systems for hotels. Ana is enthusiastic about updating and adopting front office applications for reservations, registration, room status, posting, call accounting, checkout, and night audit. Lorraine is sure the marketing and sales applications will help her department be more efficient. Both realize...
Identify the ways in which credit can best be used.
Identify the ways in which credit can best be used.
FOMs often serve as the hotels credit manager thereby identifying and enforcing credit limit for guests...
FOMs often serve as the hotels credit manager thereby identifying and enforcing credit limit for guests staying on the property. assume you are the GM at an expensive resort property. what criteria would you want your FOM to use to establish credit limits for your various guests? what communication would you want the front office to initiate with the guest who was close to exceeding or has exceeded his or her credit limits?
Explain the two ways in which banks can charge interest on loans? Provide examples of the...
Explain the two ways in which banks can charge interest on loans? Provide examples of the types of loans that would be priced based on these two types of interest rates.  
What are ways in which directors are appointed and can be removed from office?
What are ways in which directors are appointed and can be removed from office?
1. Discuss the various ways in which government can control power of monopoly. (7marks) 2. my...
1. Discuss the various ways in which government can control power of monopoly. (7marks) 2. my subject is economics
One of the major problems with front office accounting at the Royal Crest Hotel is monitoring...
One of the major problems with front office accounting at the Royal Crest Hotel is monitoring guest and non-guest accounts using their manual system. Management has always extended local businesses and government officials charge privileges, the idea being that, with the convenience of deferred payments, local patrons would be more likely to dine and/or host clients at the hotel. This program has proved to be highly successful. The volume of purchases charged to such non-guest accounts now approximates the level...
One of the major problems with front office accounting at the Royal Crest Hotel is monitoring...
One of the major problems with front office accounting at the Royal Crest Hotel is monitoring guest and non-guest accounts using their manual system. Management has always extended local businesses and government officials charge privileges, the idea being that, with the convenience of deferred payments, local patrons would be more likely to dine and/or host clients at the hotel. This program has proved to be highly successful. The volume of purchases charged to such non-guest accounts now approximates the level...
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which...
Describe two ways in which psychological factors can contribute to depression. Describe two ways in which biological influences can lead to depression. describe three different treatment options for depression. Name the characteristics of each of the three types of bipolar disorder. What is a key treatment for bipolar disorder?
Discuss the three different ways a financial manager can choose a benchmark. Provide an example for...
Discuss the three different ways a financial manager can choose a benchmark. Provide an example for each.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT