Budgeting Eg SS 12345567890--09876543 Importantes ejercicios de lectura PDF

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Summary

Un trabajo en equipo representa un conjunto de valores que fomentan la escucha y la respuesta constructiva a las opiniones expresadas por los otros, dando a otros el beneficio de la duda, brindando apoyo y reconociendo los intereses y logros de los demás. Todos estos valores ayudan a los equipos a f...

Description

Tulips Hotel Details 200 Rooms – all doubles Target Markets - Corporate who are mainly single occupancy, and transient who have a average double occupancy ratio of 1.8 Rooms Division: Made up of housekeeping and front office Front Office (FO) is multi-tasking and employs one supervisor who leads the departments but also works shifts on the front desk. Four other full time staff work along with part time staff when needed. Three shifts per day are covered by FO staff. Details of contracts can be seen below: FO Supervisor Full Time Staff Part Time Staff

Annual Salary/Wage US$31,200.00 US$24,000.00 US$12.00 per hour

Staff Benefits

15% of gross salary

Hours worked per week 40 hours/ 8 hr shifts 40 hours 8 hr shifts N/A

Housekeeping (Hsk) employs one supervisor who checks rooms and manages the department. Three other full time staff are employed to clean rooms. The operating standard to clean a room is 20 minutes and number of required staff are based on occupancy levels. Details of contracts can be seen below. Hsk Supervisor Full Time Staff Part Time Staff

Annual Salary/Wage US$31,200.00 US$18,000.00 US$13.00 per hour

Staff Benefits

15% of gross salary

Hours worked per week 40 hours 40 hours N/A

Rooms Division Operating Costs

Forecasted Operating Costs of the Tulips Hotel: Fixed Costs:

Variable Costs:

Cable TV - $300 per month

Commissions – 2% of total sales

Guest Relocation - $1200 per year

Complimentary Guest Items - $5 per room sold

Linen Replacement - $24,000 per year

Guest Transport - $4 per room sold

Training Budget - $24,000 per year

Laundry/Dry Cleaning - $6 per guest

Uniform Budget - $2,400 per year

Operating Supplies - $1.50 per room sold Reservation - $9 per room sold Telecommunications - $1 per room sold Allowances – 0.5% (0.005) of total sales

(source: Hotel documents) 3

Quarterly Forecasts: January Occupancy – 56%

Corporate ARR - $200.00 Transient ARR - $300.00

Guest Mix % - Corporate (single occupancy) 40% Transient (double occupancy 1.8) 60% February Occupancy – 40%

Corporate ARR - $180.00 Transient ARR - $250.00

Guest Mix % - Corporate (single occupancy) 25% Transient (double occupancy 1.8) 75% March Occupancy – 47%

Corporate ARR - $200.00 Transient ARR - $250.00

Guest Mix % - Corporate (single occupancy) 35% Transient (double occupancy 1.8) 65% JANUARY , FEBRUARY, MARCH– preparation and budget building (per month): 1. 2. 3. 4.

Rooms Sold / Sleepers Net Income / Revenue Hours Required – per department Salary Requirements – per department

4

JANUARY Operating Budget

Rooms Sold________ Sleepers_________

INCOME Revenue

$

Less Allowance:

$

Net Revenue

$________________

EXPENSES Salaries & Benefits

= =

Cable TV = Commissions (2%) = Amenities/ Complimentary = Guest Relocation = Guest Transport = Laundry/Dry Cleaning = Linen = Operating Supplies = Reservation Costs = Telecommunication = Training = Uniforms

TOTAL EXPENSES

$

Department Income Contribution ($ and %)

5

FEBRUARY Operating Budget

Rooms Sold ________ Sleepers _______

INCOME Revenue

$

Less Allowance:

$

Net Revenue

$________________

EXPENSES Salaries & Benefits

= =

Cable TV = Commissions (2%) = Amenities/ Complimentary = Guest Relocation = Guest Transport = Laundry/Dry Cleaning = Linen = Operating Supplies = Reservation Costs = Telecommunication = Training = Uniforms

TOTAL EXPENSES

Department Income Contribution

6

MARCH Operating Budget

Rooms Sold _________ Sleepers_________

INCOME Revenue

$

Less Allowance:

$

Net Revenue

$_______________

EXPENSES Salaries & Benefits

= =

Cable TV = Commissions (2%) = Amenities/Complimentary = Guest Relocation = Guest Transport = Laundry/Dry Cleaning = Linen = Operating Supplies = Reservation Costs = Telecommunication = Training = Uniforms

TOTAL EXPENSES

Department Income Contribution

7

Operating Budget Tulips Hotel Exercise

1st Quarter Tulips Performance Targets January

February

March

1st Quarter

$

$

$

$

Room Occ% Room Sales ARR Rooms Revenue Net Income RevPAR

FO Salaries/wages Hsk Salaries/wages Other Expenses

Departmental Contribution

%

%

%

%

8...