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 and guest records. What […]
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? In hotels, a folio […]
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, and enhance guest experiences […]
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 room based on what […]
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, or another source. So, […]
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 might help them. Fortunately, […]
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 a booking, hotels sell […]
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 purpose. For example, a […]
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 agrees to reserve a […]
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. What Is the Primary […]
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.