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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. An agreement between a hotel owner and a management company by which management company operates the hotel within the conditions set down by the contract - for a fee
Inelastic
Consortia and Membership Organizations/ Referral Groups
Management Contracts
Convention
2. Occupancy= number of rooms sold÷ number of rooms available for sale
Occupancy Equation
General Manager (GM)
SMURF
Rev Par Equation
3. Increasing in popularity because: Large capital needs - Economies of scale - Ability to attract management talent - Ability to invest in and leverage technology
Floor Numbering
Chains
Adjoining or Connecting Rooms
Rev Par Equation
4. Room Only
European Plan
Chains
Brand Equity
Break-Even Point
5. The buyer (franchisee) acquires rights from the seller (franchisor) to the exclusive use of a name product - and system of a franchisor within a defined geographic area - for a fee.
Brand
Franchises
Service Department
18th Century
6. The major reason by far that franchisees sign up.
Hotel Types
Break-Even Point
Central Reservation System
Hotel Plans
7. The place in the lobby where guest-services are managed and coordinated.
The New Rooms
Front Office
Food Production
Solutions to Seasonality
8. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
Hotel Classifications
Housekeeping Department
Room Reservations
Rev Par Equation
9. 300 rooms or more
Concierge
Franchises
Large Hotel
General Manager (GM)
10. The relationship between revenue per room and the total room inventory available.
Preferred Guest Programs (PGPs)
Day Shift
Rev Par (Revenue per Available Room)
Trophy Hotels
11. Investment vehicle for real estate deals including hotels - many tax advantages. Restrictions prevent them from operating hotels - so they set up related companies to run the hotels.
Real Estate Investment Trusts (REITs)
Segmantation
Chains
Convention
12. Agriculture Age
Rev Par Equation
Segmantation
18th Century
Central Reservation System
13. Handles requests for rooms from prospective guest arriving in the future.
Room Reservations
Trophy Hotels
American Plan
Solutions to Seasonality
14. The 'Boss' of an individual hotel - Responsible for everything in the hotel - Supervises and controls all the departments
Room Reservations
General Manager (GM)
Real Estate Investment Trusts (REITs)
Special Characteristics of the Hotel Business
15. 'Keeper of the Keys' - provides services from A-Z.
Market Segmentation
Double Occupancy Equation
Concierge
Price Elasticity of Demand
16. Depends on hotel design. Often arbitrary.
Real Estate Investment Trusts (REITs)
Room Numbering
SMURF
Management Contracts
17. 11:30 PM- 7:30 AM
Segmantation
Convention
Graveyard Shift
Modified American Plan
18. Sub-department of Food and Beverage. It supervises restaurant - banquet and bar managers
Price Elasticity of Demand
Service Department
Graveyard Shift
Day Shift
19. Individual - group - REIT etc..
European Plan
Sales per occupied room
Equity/ Ownership
Price Elasticity of Demand
20. Items paid for but not utilized - like meals
Career Stepping Stones to GM
Breakage
Day Shift
Franchises
21. A group assembled to promote a common purpose
Adjoining or Connecting Rooms
Brand
Solutions to Seasonality
Convention
22. 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.
Breakage
Mega- Hotel
Price Elasticity of Demand
Management Company
23. The number of available rooms is the standard of measurement.
American Plan
The Old Rooms
SMURF
Size
24. Hotel Manger/ Resident Manager/ House Manager/ Rooms Division Manger/ Guest Services Manager
Convention
Security Department
Career Stepping Stones to GM
Swing Shift
25. Sees the opportunity and puts together the deal
Front Office
Leases
The New Rooms
Developer
26. Average Daily Rate (ADR); the amount received from each room sold.
Preferred Guest Programs (PGPs)
Leases
Segmantation
Sales per occupied room
27. An unsold room can never be sold again for that particular night.
Continental Plan
Perishability
Large Hotel
Cyclical Industry
28. You can't please all the people all the time
21st Century
Leases
Logic of Segmentation
Equity/ Ownership
29. The point at which there are neither profits nor losses.
Solutions to Seasonality
Break-Even Point
Average Daily Rate Equation
General Manager (GM)
30. The proliferation of many hotel types as the lodging industry attempts to target its facilities to smaller and smaller market niches (segments).
Segmantation
Continental Plan
Solutions to Seasonality
Logic of Segmentation
31. Was: extensively staffed- many operators and supervisors Now: Minimally staffed or handled by F.O. itself; was also very costly
Franchises
Sales per occupied room
SMURF
Telephone Department
32. Rooms that abut along a corridor. May be connected with a door. All connecting rooms adjoin; but all adjoining rooms do not connect!
Day Shift
Adjoining or Connecting Rooms
Real Estate Investment Trusts (REITs)
Average Daily Rate Equation
33. Room + 'Light' Breakfast
Modified American Plan
Continental Plan
Hotel Types
Concierge
34. Manages the Front Office. Needs technical - math and people skills
Management Contracts
Parties to the Deal
Manger of Guest Services
Food Production
35. ADR= room sale÷ number of rooms sold
Food and Beverage Department
20th Century
Preferred Guest Programs (PGPs)
Average Daily Rate Equation
36. From who the money comes- a bank
Financier
Consortia and Membership Organizations/ Referral Groups
Solutions to Seasonality
Central Reservation System
37. Room+ breakfast and lunch OR dinner
Graveyard Shift
Sales per occupied room
Modified American Plan
Manger of Guest Services
38. An agreement between a hotel building owner and a leasing company by which the leaseholder operates the hotel
Equity/ Ownership
Service Department
Sales per occupied room
Leases
39. Process of dividing a large heterogeneous market into two or more smaller homogenous market segments. Homogenous= Consumers with similar needs
Convention
Market Segmentation
Inelastic
Hotel Plans
40. Provides systems and brand recognition
The New Rooms
Franchising Company
Average Daily Rate Equation
European Plan
41. Age of Service; Medicine - Banking - education and hotel-keeping
Career Stepping Stones to GM
Chains
Mom-and-pop hotels
20th Century
42. Refers to any room in which there is more than one person; increases RevPar because of additional charge
Security Department
Floor Numbering
Double Occupancy
Incentive Tours
43. Rate - By level of Service - By level of amenities - Different Rating Systems
Management Company
Hotel Classes
Cyclical Industry
American Plan
44. Societies - Medical - University - Religious - Fraternal: All such groups hold meetings and conventions
SMURF
Mega- Hotel
Double Occupancy
Perishability
45. Tend to be numbered upward sequentially. Omit floors 13 and room 13. Asian hotels omit floors 4 and room 4.
Room Numbering
Developer
Floor Numbering
Double Occupancy
46. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Logic of Segmentation
Real Estate Investment Trusts (REITs)
Uniformed Services Department
Leases
47. The inherent value that the shopper's recognition gives to the brand. Associated with positive images.
Perishability
Brand Equity
Special Characteristics of the Hotel Business
Room Reservations
48. Perishability - Location - Fixed Supply - High Operating Cost - Seasonality
Small Hotel
Special Characteristics of the Hotel Business
Career Stepping Stones to GM
Break-Even Point
49. Small 'individual' properties that offer personalized service
Central Reservation System
Market Segmentation
Boutique Hotels
Brand Equity
50. RevPAr= Room revenue÷ number of rooms available for sale
Rev Par Equation
Perishability
Price Elasticity of Demand
Cyclical Industry