1. Hotel Budgeting 101 Ardy Grino Bayview Park Hotel Manila

2. The Planning Process 1.Mission Statement 2.Information Gathering 3.Situation Analysis 4.Assumptions 5.Objectives & Strategy Formulation 6.Forecasting 7.Objective & Strategy Selection 8.Action Programs 9.Consolidation & Approval 10.Implementation & Review

3. Situation Analysis 1.Business Environment 2.Tourism and the Hotel Industry 3.The Competition 4.The Customer 5.Internal Assessment

4. Tourism & the Hotel Industry 1.Arrival patterns 2.Changes in room supply & demand 3.Impact of industry and/or market occupancy levels and average rates Possible sources of information: DOT Newspapers

5. The Competition 1.SWOT Analysis 2.Positioning 3.Competitive Set

6. Assumptions

7. Rooms Cost Drivers % of room revenue - china wares/silver ware linens/uniforms Cost per each guest Cost per available room - in-house movie Cost per occupied room - laundry/cleaning supplies/ guest supplies/printing stationery Average per month - telephone/transportation/ meeting expenses/contract cleaning

8. F&B Cost Drivers % of food revenue % of beverage revenue % of F&B revenue - linens Cost per cover served - fuel/laundry/cleaning supplies/ guest supplies/banquet expenses Average per month - contract cleaning/decoration/menu & wine list/music & entertainment/ telephone/transportation/ meeting expenses/contract cleaning

9. POMEC Cost Drivers Water (cubic meter) Oil (liter) LPG (kg) Electricity (Kwh) Electric demand (Kw) *GMBD Average per month - repairs & maintenance

10. Revenue Building Block Structure

11. Key Results Template

12. Objectives and Strategies

15. The End