MODE OF PAYMENT

It refers to the various methods of payment by which the guests can settle their bills/ checks in the hotel. Mode pf payment varies with the type of establishment , e.g. A cinema would normally take the payment before the customer uses the service, whereas the hotel usually takes the payment after the services have been rendered. from a moment guest registers himself into a hotel, s/he uses the other credit facilities. Realizations of such bills have to be handled very cautiously by the hotel. Usually, hotels undertake the following steps to ensure payment:

1. Maintain a specific credit limit.
2. Accept officially recognized credit cards only.
3. personal cheques are accepted under certain conditions.

A guest settles his/ her bills by the following modes of payment in a hotel:

1. CASH
2. CREDIT CARDS
3. TRAVELLERS' CHEQUES
4. VOUCHERS
5. COMPANY ACCOUNT