May 3, 2025
Night audit is a daily task performed by the hotel night auditor at the end of the day to audit and reconcile the day’s financial transactions […]
Hotel Glossary
May 3, 2025
Check out our post on understanding folio in hotel operational usage and deeper understanding. Use this page as a reference for further details. What is folioing? […]
May 3, 2025
In-depth review of the best hotel PMS software products to give you a complete understanding of how these products can help streamline hotel operations, boost revenue, […]
May 3, 2025
Hoteliers set room rates in hotels to sell their inventory; that is the number of rooms they have. They set a ‘per night’ price for each […]
October 12, 2024
A block in a hotel is a collection of rooms allotted for and paid for by a particular group of guests, company, travel agent, tour operator, […]
September 10, 2024
Printing multiple folios might be useful when a company demands all or some of its employee folios be sent for checking, processing, or whatever reason that […]
August 24, 2024
What is the meaning of ‘Rooming in hotel’? Rooming refers to hotels assigning a room to your reservation, which is called ‘room blocking.’ When you make […]
April 30, 2024
Folio is a pamphlet made of one or more full sheets of paper. Define folio in hotels: A hotel folio is a bill or an invoice […]
April 29, 2024
What is the rate code of a hotel? Rate codes help hotels set up various room rates by room type, dates, season, customer type, amenity, and […]
April 13, 2024
A guest’s journey starts with a reservation, which is the first interaction a guest has with the hotel. Reservations are a bilateral contract where the hotel […]
January 31, 2024
City Ledger is a list of company/travel agent accounts that owe hotels money since their employees or representatives stayed at the hotel on a credit basis. […]
January 1, 2024
The billing with its itemized postings acts as a statement of charges throughout the guest’s stay. When you print this billing, it becomes an invoice, which in hotels’ terms, is a guest folio.