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Test your basic knowledge |
Hotel Business
Start Test
Study First
Subjects
:
hospitality
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Small 'individual' properties that offer personalized service
Real Estate Investment Trusts (REITs)
Manger of Guest Services
Boutique Hotels
Developer
2. Room+ all three meals
The New Rooms
Large Hotel
Equity/ Ownership
American Plan
3. There is always a limit to increase - Increases drive customers to use substitutes or do without - There is no such thing as a 'captive' market.
Price Elasticity of Demand
Incentive Tours
Food Production
Parties to the Deal
4. A name and logo recognized by customers. A unique package of products - services - amenities and ambience at a price point that is associated with that brand.
Brand
Trophy Hotels
Floor Numbering
Segmantation
5. The inherent value that the shopper's recognition gives to the brand. Associated with positive images.
Cyclical Industry
Brand Equity
Rev Par Equation
Food and Beverage Department
6. An unsold room can never be sold again for that particular night.
Rev Par (Revenue per Available Room)
Rev Par Equation
Breakage
Perishability
7. An agreement between a hotel building owner and a leasing company by which the leaseholder operates the hotel
Leases
Equity/ Ownership
Trophy Hotels
Food and Beverage Department
8. 3:30 PM- 11:30 PM
Franchising Company
Swing Shift
Floor Numbering
Graveyard Shift
9. Extend Season - Seek New Markets - Location and Mixed Use Development
Brand Equity
Franchises
Double Occupancy Equation
Solutions to Seasonality
10. Larger - more luxurious - more amenities - outside view - have themed suites and all-suites - less variation
Market Segmentation
The New Rooms
Day Shift
Chains
11. Big name hotels often bought for prestige rather than for profit. Example: Waldorf-Astoria in NYC
The Old Rooms
Housekeeping Department
Trophy Hotels
Brand
12. Societies - Medical - University - Religious - Fraternal: All such groups hold meetings and conventions
Breakage
Leases
SMURF
Solutions to Seasonality
13. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
European Plan
Price Elasticity of Demand
Career Stepping Stones to GM
Housekeeping Department
14. Rooms that abut along a corridor. May be connected with a door. All connecting rooms adjoin; but all adjoining rooms do not connect!
Adjoining or Connecting Rooms
Sales per occupied room
Inelastic
Medium Hotel
15. Room + 'Light' Breakfast
Continental Plan
Convention
Mom-and-pop hotels
Elastic
16. Freebies given to guests to 'reward' stays
Floor Numbering
Perishability
Preferred Guest Programs (PGPs)
Special Characteristics of the Hotel Business
17. The point at which there are neither profits nor losses.
Hotel Types
Graveyard Shift
Break-Even Point
Breakage
18. 'Keeper of the Keys' - provides services from A-Z.
Security Department
Occupancy Equation
Concierge
Small Hotel
19. A cooperative structure - where members pay fees and get services that a chain would provide. ex. Best Western. A way for independent operator to get the advantages of a chain without sacrificing their independence or individuality.
European Plan
Special Characteristics of the Hotel Business
American Plan
Consortia and Membership Organizations/ Referral Groups
20. The 'Boss' of an individual hotel - Responsible for everything in the hotel - Supervises and controls all the departments
Rooms Manager
Forecast Scheduling
Hotel Plans
General Manager (GM)
21. Individual - group - REIT etc..
The Old Rooms
Double Occupancy Equation
Large Hotel
Equity/ Ownership
22. Handles requests for rooms from prospective guest arriving in the future.
Parties to the Deal
Room Reservations
Hotel Classifications
Incentive Tours
23. Special - highly prized single entities.
Cyclical Industry
Incentive Tours
Forecast Scheduling
Swing Shift
24. 100 rooms or less
Adjoining or Connecting Rooms
19th Century
Incentive Tours
Small Hotel
25. Age of Technology
American Plan
Financier
21st Century
Food Production
26. The number of available rooms is the standard of measurement.
Breakage
Adjoining or Connecting Rooms
Size
Brand
27. Supervises reservations - telephone - concierge and uniformed services. Reports to Hotel Manager.
Occupancy
Rooms Manager
Brand
Convention
28. RevPAr= Room revenue÷ number of rooms available for sale
Rev Par Equation
Mega- Hotel
Room Reservations
Sales per occupied room
29. Refers to any room in which there is more than one person; increases RevPar because of additional charge
Chains
Hotel Types
Double Occupancy
Housekeeping Department
30. Change prices- demand is static - True only for a LIMITED range of products - business traveler.
Hotel Classes
Hotel Classifications
Inelastic
Franchises
31. 7:30 AM-3:30 PM
Room Reservations
Day Shift
Sales per occupied room
Concierge
32. Agriculture Age
Non-buyer Guest
Break-Even Point
18th Century
Rev Par (Revenue per Available Room)
33. 1. Developer 2. Financier 3. Equity/Ownership 4. Management Company 5. Franchising Company
Trophy Hotels
Segmantation
Parties to the Deal
Brand
34. Deals with the production and service of food and beverages. Service and production are two sub-departments
Mom-and-pop hotels
Food and Beverage Department
Consortia and Membership Organizations/ Referral Groups
Graveyard Shift
35. Process of dividing a large heterogeneous market into two or more smaller homogenous market segments. Homogenous= Consumers with similar needs
Market Segmentation
Sales per occupied room
20th Century
Non-buyer Guest
36. Hotel Manger/ Resident Manager/ House Manager/ Rooms Division Manger/ Guest Services Manager
21st Century
Career Stepping Stones to GM
Housekeeping Department
Special Characteristics of the Hotel Business
37. Closely follows the nation's economic phases: Hotels follow a roller coaster economy - Build during good times - overbuild into the downturn and world oil supply impacts travel and occupancy
Large Hotel
Price Elasticity of Demand
Central Reservation System
Cyclical Industry
38. The place in the lobby where guest-services are managed and coordinated.
Front Office
Consortia and Membership Organizations/ Referral Groups
Price Elasticity of Demand
Food Production
39. Age of Service; Medicine - Banking - education and hotel-keeping
Convention
20th Century
Brand Equity
Chains
40. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Manger of Guest Services
American Plan
Rev Par (Revenue per Available Room)
Uniformed Services Department
41. The relationship between revenue per room and the total room inventory available.
Forecast Scheduling
Rev Par (Revenue per Available Room)
Equity/ Ownership
Concierge
42. Inside rooms - odd shaped - small - of many types - sharing bathrooms
19th Century
The Old Rooms
Rooms Manager
General Manager (GM)
43. Rate - By level of Service - By level of amenities - Different Rating Systems
Day Shift
Hotel Classes
The New Rooms
Rooms Manager
44. Runs the day to day operations for a fee
Front Office
Management Company
Food Production
Floor Numbering
45. Tend to be numbered upward sequentially. Omit floors 13 and room 13. Asian hotels omit floors 4 and room 4.
Floor Numbering
The New Rooms
Swing Shift
Manger of Guest Services
46. Manages the Front Office. Needs technical - math and people skills
Franchising Company
Manger of Guest Services
American Plan
Franchises
47. 150 to 300 rooms
Medium Hotel
American Plan
Sales per occupied room
Solutions to Seasonality
48. Change prices- demand changes - as price drop - demand rises - as prices rise - demand falls. True for MOST products and services. Few people think it's worth it even if they can afford it; Leisure traveler.
Continental Plan
Food and Beverage Department
Elastic
The Old Rooms
49. Provides systems and brand recognition
Small Hotel
General Manager (GM)
Size
Franchising Company
50. Occupancy= number of rooms sold÷ number of rooms available for sale
Elastic
Management Contracts
Occupancy Equation
20th Century