Hotel Management : FIFO And LIFO
FIFO : first in,first outLIFO : last in first out It`s an inventory management concept. as a hotel manager, usually we don`t have choice : first in, first out, to …
Back Office & Others
Hotel Marketing And Distribution
There are two main components to the marketing work. Making ensuring the consumer who is most likely to be interested in the product is aware of both its existence and …
Casino Accounting Key Control
Key controls are an integral part of the controls over the drop and count process. Key custody and access should be structured in a manner that precludes any one individual …
Casino Accounting – Casino Audit
The purpose of casino audit is to check the reliability of the control and compliance measures used in gaming activities and the casino cage. It submits reports to the finance …
Casino Terminology Glossary
Over the years the casino industry has developed terminology that forms the basis for a language used by casino personnel and players. In order to fully understand and appreciate the …
Keeping Up With Hotel Industry News And Trends
It s easy to get out of date in the restaurant industry. New laws, ordinances, and regulations are passed almost daily. In addition, new products and services are introduced each …
Advantages And Disadvantages Of Franchisee
Franchising is a contractual arrangement in which one company (the franchisor) licences a number of other companies (each a franchisee) to use the franchisor’s name and business practices. In other …
Lost & Found Procedures
Policy All Lost & Found items from guest rooms, Food and Beverage Outlets, Front-of-House and Back-of-House areas are forwarded to the Housekeeping Department as soon as they are discovered. Procedures …
Fire Safety Procedure
1 Fire alarm If you’re subject to fire alarm signals, stay vigilant and do not waste any moment. Go to the exit nearest the escape staircase, or, if you are …
Main Positions And Titles in Hotel & Resorts
Accounting and Financial Management Accounting SupervisorAccounts Payable ClerkAccounts Payable SupervisorAccounts Receivable ClerkAccounts Receivable SupervisorAssistant ControllerCorporate ControllerCredit ManagerDirector of Finance and AdministrationDirector, Purchasing DepartmentHotel ControllerNight AuditorPayroll AccountantPayroll AssistantPayroll SupervisorPayroll ClerkPurchasing ManagerVice …