Planning has been an important part of any business undertaking and any decision making that is why a lot of people turn to planning as an ultimate success tool. For a plan to be truly effective, it must be carefully crafted and thought of. Enough time is needed to be able to create a useful plan and that can only be done by preparing a plan ahead of time.
Featured in this article is an operational plan for a hotel business. We have supplied the necessary hotel operational plan samples and templates that you may need as reference or for personal use. We will also discuss about what an operational plan for a hotel is, the uses of its templates and the five operational activities that impacts a hotel business.
General Hotel Operational Plan
Hotel Business Operational Plan Template
The Ritz-Carlton Business Excellence Roadmap
Hotel Operational Model with Asset Management Strategy
General Hotel Service Strategic Plan
What Is an Operational Plan for a Hotel?
Certain tasks and activities need to be done or fulfilled by hotel businesses regularly to ensure that they provide the services that they promised to offer. But with the number of tasks and activities they need to attend to, how are they able to manage? An operational plan for a hotel is the tool that is used in order to manage the business, and organize and complete the tasks and activities of the business.
An operation plan is an essential tool for managing and keeping things organized. It is a process where strategic and tactical goals are planned based on specific goals and objectives that supports an even larger goals and objectives. With an operational plan, hotel businesses will be able to describe milestones in the business, the conditions under which the business will be successful and explain how or what part of the strategic plan will be put into action or used in actual operations.
There are many important uses of an operational plan one of them has to do with the annual budget for the operations of a business or organization. This is because the operational plan is used as a basis for the annual budget request. This means that the plan should be able to establish the activities in the business and their corresponding budget for the whole year or longer. One operational plan should be created each year every time a budget request is needed.
Aside from operational plans for hotels, you can also check out other types of operational plans, like Business Operational Plan Samples & Templates, Security Operational Plan Samples & Templates, and Project Operational Plan Samples.
Uses of an Operational Plan Template
Operational plans also have their own templates. Why not? Let us take a look the many uses of an operational plan template listed below.
- It serves as a guide. An operation plan template can be both used as one’s own operational plan or as a guide for making one. This makes the entire planning process easy and convenient as you don’t have to thin much about formatting and such because the template will help you think about it and give you ideas, too.
- Provides details on what the contents should be. If you do not know what to write in certain parts or items in an operational plan, then you can check out similar templates and get an idea and all the other help you can from it.
- Offers a complete set of information. Templates are ready-made documents so you can make sure that all the necessary and small details are included in it and that they are all complete. They are done by professionals and were revised many time so there should be no missing items in it.
- Includes specific steps on how to get tasks done. Operational plans not only describe tasks that need to be done but it also provides the specific steps on how to get them done correctly.
- Use in preparation for daily business operations. With an operational plan ready, businesses can prepare for their daily activities in an organized manner and things will go smoothly as planned.
- Used as reference or study material. We do not start as pros when we first start doing something and that is the same thing with creating an operational plan. To get a good start, using operational plan templates as reference or as a study material will help give you ideas on the details and all the other contents of an operational plan.
Want to get different varieties of operational plan template for free? You may visit our website to check them out. You can find them in article, like Annual Operational Plan Samples & Templates, HR Operational Plan Samples & Templates, and Military Operational Plan Samples.
The 5 Operational Activities That Impact Your Hotel Business the Most
How can you stay on top of things while at the same time managing a very busy hotel? Do you think you can still effectively utilize and follow the operational plan for the hotel that you have set up? That may just be very tough. But hey if you know what operational activities that impact your hotel business the most, then you can surely have control of things. There are five operational activities that impacts a hotel business are revenue management, staffing, hiring, partnerships and procurement. Let us take a closer look at each of them below.
Room rates, profit, returns, expenses and other costs are just some of the things that must be covered in the business’ revenue management. Hotel business aim to provide their clients with the appropriate price for the rooms that the hotel offer that is why it is a must to keep track and to continuously monitor the business’ revenue. Maximizing the profitability of the business is also one of the main goals of revenue management. Since it is also one related to finances, it is believed to be a complex process and must taken seriously.
A hotel business operates with the help of its employees or staff. There is also what is called peak season and downtime, and both exists in this type of business. There are different staffing demands in different types of seasons. It is important to determine when the peak and downtimes are so that the right number of people can be assigned to work during these times. You don’t want to end up being understaffed on a very busy night and overstaffed the next day. Don’t you think that’s just an utter waste of money and resources?
What types of employees should be hired? What qualifications must they posses? What values and qualities must they have? These are just some of the questions that hiring mangers ask themselves when searching for applicants to add to to the business’ workforce. Seems like an easy task, but it really isn’t. The people that must be hired or deemed qualified for a job in a hotel are those that compliment the business model and that is why there are sets of qualifications provided for every position.
How can you make your hotel business more attractive to customers? The answer to that question is partnering with other business, like spas, travel and tours and restaurants to name a few. A total service package would be what your customers want so they would go for the hotel that can offer them all of this.
How will you be able to acquire resources and supplies for your hotel business? Planning these activities ahead and doing negotiations will help the business earn significant savings.
Those are the 5 operational activities that impacts a hotel business. You may also be interested in other related titles, like Simple Operational Planning Samples & Templates, Work Plans, and School Operational Plan Samples & Templates.
Printable Operational Plan Sample
Editable Business Operational Plan Template
Sample Business Operational Plan Template
Printable Operating Plan Template
The Business Plan for Your Hotel
Importance of an Operational Plan
Why do you think are operational plans important? With an operational plan, business are able to manage everything that they need to do in running a business, regardless if it a starting business or an already existing business. One of the reasons why an operational plan is considered important is that it helps answer four essential questions in planning: what, who, when and how much. These questions refer to what strategies or tasks must be undertaken, who will be responsible for each task or the strategy, when should the tasks or activities be done, and how much will it all cost the business or company.
Another important use of an operational plan is that it supports the goals and objectives that have been set in the strategic plan created by higher or top management. The plan is created with reference to the strategic of the business or company. This means that even if the tasks are different from those in a strategic plan, it still supports its main goals and objectives so that they can be accomplished.
The day to day management of a business is also done systematically through operational planning and this is another reason why it is such an important tool required for the operations of a business, regardless of what type of business it is.
We hope that you are able to learn something from this article. To be able to learn more about operational plan, we have interesting articles on our website that you may want to check out. They are Career Development Plans, Business Plans Samples & Templates, and Meal Plans Samples & Templates to name a few.
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