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Test your basic knowledge |
Hotel Business
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Subjects
:
hospitality
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
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study here
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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. Room+ breakfast and lunch OR dinner
Occupancy Equation
Mom-and-pop hotels
Modified American Plan
Mega- Hotel
2. The relationship between demand (the number of rooms actually sold) and supply (the number of rooms available for sale). Measures quantity.
Small Hotel
Perishability
Occupancy
Room Reservations
3. Depends on hotel design. Often arbitrary.
The Old Rooms
Logic of Segmentation
Room Numbering
Sales per occupied room
4. Goal is to maximize coverage with minimal costs.
Occupancy Equation
Forecast Scheduling
Cyclical Industry
The Old Rooms
5. Tend to be numbered upward sequentially. Omit floors 13 and room 13. Asian hotels omit floors 4 and room 4.
Floor Numbering
Boutique Hotels
Modified American Plan
Cyclical Industry
6. Items paid for but not utilized - like meals
Breakage
Boutique Hotels
Rev Par (Revenue per Available Room)
Consortia and Membership Organizations/ Referral Groups
7. Handles requests for rooms from prospective guest arriving in the future.
Segmantation
Room Reservations
Modified American Plan
Elastic
8. The place in the lobby where guest-services are managed and coordinated.
Front Office
21st Century
Real Estate Investment Trusts (REITs)
Segmantation
9. Larger - more luxurious - more amenities - outside view - have themed suites and all-suites - less variation
Room Numbering
The New Rooms
Break-Even Point
The Old Rooms
10. Deals with safety - fire control and prevention - loss-control - accidents - death - suicides - crimes - scams - drunk - prostitutes and drugs.
Brand Equity
American Plan
Front Office
Security Department
11. Rooms that abut along a corridor. May be connected with a door. All connecting rooms adjoin; but all adjoining rooms do not connect!
Housekeeping Department
Adjoining or Connecting Rooms
Mega- Hotel
European Plan
12. 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.
Double Occupancy Equation
Preferred Guest Programs (PGPs)
Real Estate Investment Trusts (REITs)
Parties to the Deal
13. Room+ all three meals
Floor Numbering
Front Office
Double Occupancy Equation
American Plan
14. Societies - Medical - University - Religious - Fraternal: All such groups hold meetings and conventions
Trophy Hotels
Food and Beverage Department
SMURF
Manger of Guest Services
15. Small independent roadside motels family owned and operated. These are declining in numbers.
Perishability
Mom-and-pop hotels
Room Numbering
Uniformed Services Department
16. Sees the opportunity and puts together the deal
Hotel Types
Mega- Hotel
Graveyard Shift
Developer
17. Change prices- demand is static - True only for a LIMITED range of products - business traveler.
Parties to the Deal
Inelastic
Rev Par (Revenue per Available Room)
Consortia and Membership Organizations/ Referral Groups
18. 150 to 300 rooms
Double Occupancy
Medium Hotel
Telephone Department
Hotel Classes
19. Provides systems and brand recognition
Franchising Company
Floor Numbering
Cyclical Industry
Equity/ Ownership
20. Commercial/Business/Corporate - Residential - Extended-Stay - Resort - Bed and Breakfast - Boutique Hotels - Trophy Hotels
21st Century
19th Century
The New Rooms
Hotel Types
21. Process of dividing a large heterogeneous market into two or more smaller homogenous market segments. Homogenous= Consumers with similar needs
Mom-and-pop hotels
Brand
Market Segmentation
Housekeeping Department
22. You can't please all the people all the time
Leases
Logic of Segmentation
Occupancy
Management Contracts
23. Supervises reservations - telephone - concierge and uniformed services. Reports to Hotel Manager.
Equity/ Ownership
Preferred Guest Programs (PGPs)
Rooms Manager
Security Department
24. The number of available rooms is the standard of measurement.
Hotel Plans
Day Shift
Perishability
Size
25. Size - Class - Type - Plan
Inelastic
Leases
Price Elasticity of Demand
Hotel Classifications
26. 100 rooms or less
Housekeeping Department
Hotel Classifications
Small Hotel
Perishability
27. RevPAr= Room revenue÷ number of rooms available for sale
Rev Par Equation
Double Occupancy Equation
Management Contracts
Market Segmentation
28. Increasing in popularity because: Large capital needs - Economies of scale - Ability to attract management talent - Ability to invest in and leverage technology
Price Elasticity of Demand
Chains
Double Occupancy
Food and Beverage Department
29. Big name hotels often bought for prestige rather than for profit. Example: Waldorf-Astoria in NYC
Telephone Department
Adjoining or Connecting Rooms
Trophy Hotels
Break-Even Point
30. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
Housekeeping Department
Small Hotel
Hotel Types
Cyclical Industry
31. 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.
Consortia and Membership Organizations/ Referral Groups
21st Century
Career Stepping Stones to GM
Floor Numbering
32. Inside rooms - odd shaped - small - of many types - sharing bathrooms
The Old Rooms
Non-buyer Guest
Food Production
Special Characteristics of the Hotel Business
33. Freebies given to guests to 'reward' stays
Trophy Hotels
European Plan
Preferred Guest Programs (PGPs)
Size
34. 1500 rooms or more
Management Contracts
Convention
Mega- Hotel
Graveyard Shift
35. 'Keeper of the Keys' - provides services from A-Z.
Swing Shift
Mega- Hotel
Concierge
Developer
36. The proliferation of many hotel types as the lodging industry attempts to target its facilities to smaller and smaller market niches (segments).
Segmantation
Hotel Classes
Break-Even Point
Logic of Segmentation
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
Inelastic
Cyclical Industry
Rev Par (Revenue per Available Room)
The New Rooms
38. Age of Technology
Mom-and-pop hotels
Front Office
21st Century
Service Department
39. 300 rooms or more
Franchising Company
Room Numbering
Large Hotel
Developer
40. The point at which there are neither profits nor losses.
Break-Even Point
Developer
Management Contracts
SMURF
41. Perishability - Location - Fixed Supply - High Operating Cost - Seasonality
Cyclical Industry
Special Characteristics of the Hotel Business
Convention
The New Rooms
42. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Adjoining or Connecting Rooms
Trophy Hotels
Inelastic
Uniformed Services Department
43. Occupancy= number of rooms sold÷ number of rooms available for sale
18th Century
Management Company
Hotel Classes
Occupancy Equation
44. Room + 'Light' Breakfast
Continental Plan
Price Elasticity of Demand
Floor Numbering
Rooms Manager
45. Deals with the production and service of food and beverages. Service and production are two sub-departments
Food and Beverage Department
Service Department
Rev Par Equation
Brand Equity
46. 11:30 PM- 7:30 AM
Cyclical Industry
Convention
Chains
Graveyard Shift
47. European Plan - Continental Plan - American Plan - Modified American Plan
Consortia and Membership Organizations/ Referral Groups
Hotel Plans
Special Characteristics of the Hotel Business
Preferred Guest Programs (PGPs)
48. An unsold room can never be sold again for that particular night.
Mom-and-pop hotels
Floor Numbering
Perishability
Graveyard Shift
49. Manages the Front Office. Needs technical - math and people skills
Developer
Service Department
Manger of Guest Services
Central Reservation System
50. 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.
Central Reservation System
Developer
Elastic
Forecast Scheduling
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