Uniform System of Accounting for Lodging Industries

Introduction

• Room Profit & Loss – Transient Market Segment

• Rooms – Group Market Segment Explained

• Rooms Division – Contract Revenue and Other Room Revenue

• Other Rooms revenue consideration – Packages Barter Loyalty program

 Expenses

• Structure of Room Departmental Expenses

• Labour Cost Departments and Positions

• Other Labour cost items for Room Division

• Room Expenses A-z

Room Division Statistics and Reports

• Introduction to Section on Room Statistics

• Occupancy Statistics definitions

• Formulas for Room Statistics

• Room Statistics Report to help understand P&L

Hotel Operating Structure-Profit Centers

• Introducing Hotel Operating Structure-Support Centers

• Explaining the main Profit & Loss Statement

Department Revenue

• F&B Cost of Food Sales and Beverage             

• F&B cost of sale for other revenue         

• F&B Dept. Labour cost (Salary and Wages)                

• F&B Dept. Other line items for labour cost                

• F&B Labour cost Supplemental Pay and Employee Benefits             

• F&B Operating Expenses – Banquet Expenses            

• F&B Operating Expenses Starting with C          

• F&B Operating Expenses – Decoration to Linens         

• F&B Operating Expenses – Management fee to Utensils

F&B Department Statistics

• F&B Dept. Operating Metrics Prescribed by USALI              

• F&B Dept. Statistics to understand Profitability by Venue               

• F&B Dept. Formula to calculate Metrics discussed earlier

How to Analyze P&L and Resource?

• P&L Analysis and Resources

• Understanding What Variable Expense Are and Fixed… Showing P&L Analysis

• Fixed and Variable expenses and how to analyses P&L