-
A la carte
Individual items from a menu that are prepared and served to order and priced separately
-
ADR
Average Daily Rate;
- rooms revenue
- # rooms occupied
-
AHLA
American Hotel & Lodging Association
-
American Plan
Type of room rate which includes the price of the room, breakfast, lunch, and dinner
-
American Service
Plated service; Food is plated in the kitchen.
-
Average Guest Check
Average amount each group spends; primarily used in a restaurant setting
-
Back of House
Areas of a hotel/restaurant in which personnal have little or no direct guest contact
-
Balance Sheet
Financial statement that shows a hotel's assets, liablilities, and equity on any given date
-
Business Traveler
Travel for commercial, governmental, or educational purposes with leisure as a second motivation
-
Capture Rate
Percentage of guests who eat meals at the hotel
-
Casual Dining
Restaurant distinguishable by a combination of décor, informal atmosphere, and eclectic menu that draws from ethnic and traditional offerings
-
Catering Manager
Hotel manager that is responsible for arranging and planning food and beverage functions for conventions & smaller hotel groups
-
CEMI
Chair of Economics Management International
-
CMAA
Club Managers Association of America
-
Comp (Room)
Compimntary room, no price is charged for the room
-
Concierge
A hotel employee whose job is to assist guests by making theater and restaurant reservations, etc.
-
Continental Plan
A hotel plan that provides a continental breakfast daily
-
Contribution Margin
A food or beverage item's selling price minus the cost of the ingredients used to prepare the item
-
Controller
Manages the accounting department and all of it's functions, including management of credit, payroll, guest accounts, and cashiering activities
-
Convention Services Manager
A member of a hotel or resort's staff who is responsible for all aspects of a convention
-
CVB
Conventions and Visitors Bureau
-
Corporate Club (non-equity)
A for-profit private club owned by an individual or a company that sells memberships in the club
-
Cost Center
Provide support for a hotel's revenue center
-
Covers
The actual number of meals served at a food function or during a meal period
-
Cuisine
A style or method of cooking; has characteristics of a particular country, region, or establishment
-
Cyclical Menu
A menu that changes every day for a certain number of days, then repeats the cycle
-
Demographics
Statistical information about a population, used to identify markets
-
Ecotourism
Responsible travel to natural areas that conserves the environment and improves the well-being of local people
-
Empowerment
A management technique where front-line employees are authorized to solve customers' problems and make other decisions that were once made only at higher levels within the organization
-
-
Equity Club
Members own a share of the company that owns the clu and/or other properties
-
European Plan
Type of hotel charge that covers per night room rate and service charges but not meals
-
Executive Chef
The person in charge of everyone else in the kitchen
-
Familiarization (Fam) Tour
free/reduced rate travel programs designed by hotel personnel to aquaint travel agents and other with the hotel and stimulate sales
-
FIFO
First-In, First-Out; Requires that the food that has been in storage the longest, have to be used first
-
Fine Dining
Restaurant that features luxury dining and an exciting menu and employs well-trained, creative chefs and skilled food servers
-
Fixed Menu
A menu with a set list of items that is used for several months or longer before it is changed
-
Floating Resort
cruise-ships; massive resorts with all of the amenities you would expect to find in land-based hotels
-
Food And Beverage Manager
Directs the production and service of food and beverage
-
Food Cost Percentage
A ratio comparing the cost of food sold to food sales;
- cost of food sold
- food sales
-
Franchise
Refers to the authorization given by one company to another to sell it's unique product and service, or the name of the business format or product that is being franchised
-
French Service
Platters of food are composed in the kitchen, then is served by a server from platters to individual plates
-
Front Of House
Area of a hotel/restaurant in which employees have extensive guest contact
-
Full Service Hotel
A lodging property that offers a full range of services and amenities
-
Full Service Restaurant
Restaurant that has more than a dozen or so main-course items on the menu, and cooks to order
-
Gaming
"Legalized wagering"; 3 classifications: land-based, riverboat/dockside, and Indian gaming
-
Garde Manager
A cool, well-ventilated area where cold dishes are prepared and other foods are stored under refrigeration
-
General Manager
The chief operating officer of a hotel and restaurant
-
Gross Profit
Price minus the cost of food
-
HACCP
Hazard Analysis Critical Control Point
-
Hospitality Industry
Lodging and good service businesses that provide short-term or transitional lodging and/or food
-
Hotelier
A person who owns or manages a hotel
-
Human Resources
In charge of employee relations within an organization
-
Incentive Travel
A reward subset of an incentive, recognition or a loyalty program
-
Income Statement
Report that details for a very specific time period, a business' revenue from all it's revenue producing sources, the expenses required to generate those revenues, and the resulting profits or losses
-
Labor Cost Percentage
The portion of total sales that is spent on labor expenses
-
Leisure Traveler
Vacationing travelers who typically only spend one night at a hotel unless the hotel is their destination
-
Limited Service Hotel
Hotels that do not offer the full range of services customarily associated with hotels
-
Management Contract Company
A company that manages hotels for owners, typically in return for a combination of fees and a share of revenues
-
Marketing Mix
The variety of marketing activities a business engages in
-
Meeting/Event Planner
Someone who plans meetings/events for an association, a corporation, or some other group
-
Menu Engineering
The final product of strategic reporting to compose a mix of menu items that maximize profit and revenues
-
Moments Of Truth
Critical moments when customers and staff members interact, offering opportunities for the staff to make a favorable impression, correct mistakes, and win repeat customers
-
MPI
Meeting Planners International
-
Multiplier Effect
Hidden/indirect benefits of travel and tourism to a community
-
Night Audit
Verifies that the guest charges have been accurately posted to their accounts
-
Occupancy Percentage
Ratio indicating hotel management's success in selling it's guest rooms in a given period
- Rooms Occupied
- Rooms Available
-
NRA
National Restaurant Association
-
PCMA
Professional Convention Management Association
-
PMS
Property Management System
-
Psychographic Research
Research that attempts to classify people's behavior in terms of their lifestyles and values
-
Purser
The second in command within the hotel department and a cruise ship's banker, information officer, human resources director, and complaint handler
-
Quick Service Restaurant
Restaurant that focuses on convenience, offers a narrow selection of food, and provides limited service and speedy preparation
-
Resident Manager
In charge of the rooms division in a mid-size to large hotel, sometimes in charge od security
-
Resort
Usually located in a desirable vacation spots; offer fine dining, exceptional service, and many amenities
-
Revenue Centers
Department within a hotel that directly generate income through the saleof products and services to guests
-
Revenue Management
Hotel pricing system that uses a hotel's computer reservation system to track advanced bookings & raise/lower room prices accordingly
-
RevPar
Revenue Per Available Room; used to evaluate the performance of the rooms deparment
-
Russian Service
Foods are cooked at tableside then servers put them on platters and present the platters to guests. Guests serve themselves
-
Sanitation Rating
Restaurant ratings identify restaurants according to their quality
-
Service Culture
A service environment made up of various factors, including the values, beliefs, norms, rituals, and practices of a group or organization
-
Service Gap
Based on the idea that tourist dissatisfaction is caused by percieved gaps between expectation and actualy outcomes
-
Service Strategy
A formal recognition by management that the hotel will strive to deliver the products and services desired by the guest in a professional manner
-
SMERF
Social, Military, Education, Religious, and Fraternal market
-
-
Sous Chef
The chef underneath the head chef, second in command in the kitchen
-
SWOT Analysis
Strengths, Weaknesses, Opportunities, and Threats. Helps assess how well the company is serving their current market
-
Standard Recipe
A recipe that has been designated the correct one to use in a given establishment for the production of a given food or beverage product
-
Sustainable Tourism
Tourism that has low impact on a locale's environment and culture; conserves the eco-system while generating income and employment
-
Target Market
Marketing that is designed to appeal to a specific consumer group
-
TIAA
Travel Industry Association of America
-
Timeshare
Condominiums for which an owner can purchase a portion of time at the condominium
-
Travel & Tourism Industry
A collection of organizations and establishments that derives all or a significant portion of it's income from providing goods and services to travelers
-
TQM
Total Quality Management
-
Trade Show
An exhibit of products and services that is usually closed to the public
-
Transient Guest
An individual traveler with a reservation, staying in a hospitality property for a maximumof 30 consecutive days
-
Truth-In-Menu Laws
Govern descriptions of food in menus
-
Turnover Rate
Frequency in which the employees resign, are fired, or retire froma company
-
Uniformed Services
Department within rooms division that deals with guests' luggage and transportation
-
Vacation Ownership
An alternative term for “timesharing” and other forms of shared ownership of leisure real estate
|
|