Categories: All - revenue - service - inventory - pricing

by Alexa Kachichian 6 years ago

251

Revenue F&B

The food and beverage (F&B) department in luxury hotels plays a crucial role in the overall guest experience and revenue generation. This department encompasses various services including room and lounge service, in-room dining, banquets, and events such as weddings and conferences.

Revenue F&B

Revenue of F&B department

Pricing

Gross Purchasing Price-input VAT=NET PURCHASING PRICE (cost of sales)+ MARGIN (cost of sales*markup= NET SELLING PRICE+ output VAT= Gross selling price

F&B revenue

computer, PMS
invoicing, registering revenue able to control inventory
cashier machine
able to register the revenue, doen't give official invoice
manual register
controlling the dishes from the kitchen to the restaurant

Definitions

mark-up (%)
shows the ratio of food cost and margin
margin
covering the rest of the costs
Cost of sales
net purchasing price of ingridient
net purchasing price of drinks

Pricing methods

Commercial
in case of drinks
cost of purchase + margin
cost of sales + margin
Service
marketing aspects (demand & supply)
Industrial
in case of food
production costs + profit

Monitoring the revenue sources

catering units
night club
lobby bar
restaurant
items
each item observed separately (coke, coke zero, coke light)
breakdown
other

rental fee of function rooms of equipments

tabac

drink:

non-alcoholic

cocktails

beer

wine

food: breakfast, warm, cold, pastry
main groups
others
drink
food

F&B revenue sources

hotels' speciality
in-room dining
banquet
resident guests
more catering units
24 hours service
process
production
guest journey
service
providing food and dinks
minibar, maxibar
minibar

cooperation with front office

high pricies and margin

refilling

inventory

charging guest accounts

checking of consumption

what to sell?

banquette and events
high expectations
weddings
party
meetings
conferences
room & lounge service, in-room
organisation
special price
luxury hotels
breakfast, food, drinks
half board, full board
a'la carte food and beverages
breakfast
inclusive breakfast

planning and measuring the consumption

calculating revenue

high margin

pricing

buffet service

F&B in the hotel organisation

HR manager
from office manager
food & beverage director
sales manager
general manager

F&B trends

technical revolution
Fine dining, fast fine, fast casual
Novo2, WineStone, I Burger
guest satisfaction can be enhanced
Enjoyment and experience