Topic wise notes as per new NCHM-JNU syllabus (for B.Sc HHA & M.Sc HA) are are now available at our new website hospitality.institute
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Prince Kumar

Founder & Managing Director at hmhub, contact [email protected] for any queries.

Contributions by Prince Kumar on hmhub

Income Statement

Income Statement

The summary of all accounts dealing with transactions relating the revenue and expenses is termed as profit account. The account is termed as statement wherein information is accumulated relating to the item giving information regarding expenses and revenue. The...

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Food Plans: Tariff Structure

Food Plans: Tariff Structure

A Food Plan is a scheme or package through which we offer accommodation as well as food to the guest against a fixed rate. Following are the food plans commonly available in hotel: European Plan (EP) The European Plan, sometimes abbreviated as EP in hotel listings,...

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Principles of Accounting

Principles of Accounting

The principles can be classified mainly into three categories: Basic assumption or concepts Basic principle Modifying Principles Basic assumption or concepts These assumptions provide a foundation for accounting process.No enterprises can prepare its financial...

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Hubbart Formula

Hubbart Formula

The Hubbart Formula is a formula that can be used in hotel management.  It is used to determine the proper average rate to set for rooms in a given hotel. The Hubbart Formula is used to help with setting prices.  It can be expressed as a formula:...

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Factors for purchase of PMS

Factors for purchase of PMS

Selecting the right PMS solution is very important for a hotel Hotels often make the mistake of choosing a lower end PMS solution that doesn’t fulfill their basic requirements or else, they opt for a high end solution that comes with a lot of features which may not be...

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Systems of Accounting

Systems of Accounting

The systems of recording transaction in the books of accounts are two types. Double Entry System Single Entry System Double Entry System Double entry is an almost universally used system of business record keeping. It is a system of recording business transaction...

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Introduction to Amadeus GDS

Introduction to Amadeus GDS

Amadeus is a computer reservation system (or global distribution system, since it sells tickets for multiple airlines) owned by the Amadeus IT Group with headquarters in Madrid, Spain. The central database is located at Erding, Germany. In addition to airlines, the...

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Introduction to Fidelio

Introduction to Fidelio

Fidelio is a complete integrated system package designed to achieve maximum efficiency of the hotel. This PMS is produced in Munich, Germany, advanced version 6.20. The demo version enables the employees to practice and learn in a real life environment. Its main...

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Front Office Accounting

Front Office Accounting

Front office accounting system Creates and maintains an accurate accounting record for each guest or non guest account. Front office accounting system tracks financial transactions through the guest cycle. Front office accounting system ensures internal control over...

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