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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. 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.
Breakage
Franchises
Consortia and Membership Organizations/ Referral Groups
Hotel Classifications
2. Refers to any room in which there is more than one person; increases RevPar because of additional charge
Double Occupancy
Hotel Classifications
Rev Par (Revenue per Available Room)
SMURF
3. Room+ all three meals
Security Department
American Plan
Food Production
Parties to the Deal
4. Rate - By level of Service - By level of amenities - Different Rating Systems
Breakage
Hotel Classes
Modified American Plan
Adjoining or Connecting Rooms
5. An agreement between a hotel building owner and a leasing company by which the leaseholder operates the hotel
Leases
Sales per occupied room
20th Century
Double Occupancy Equation
6. You can't please all the people all the time
Rooms Manager
Convention
Logic of Segmentation
Price Elasticity of Demand
7. 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
Brand
Management Contracts
Day Shift
Swing Shift
8. Industrial Age
Adjoining or Connecting Rooms
21st Century
19th Century
Hotel Types
9. Age of Technology
Rev Par (Revenue per Available Room)
21st Century
Solutions to Seasonality
Food and Beverage Department
10. 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
Equity/ Ownership
Brand Equity
Logic of Segmentation
11. Special - highly prized single entities.
20th Century
Chains
Occupancy Equation
Incentive Tours
12. 1500 rooms or more
Floor Numbering
Franchises
Mega- Hotel
Real Estate Investment Trusts (REITs)
13. 7:30 AM-3:30 PM
Day Shift
Rev Par (Revenue per Available Room)
Financier
Mom-and-pop hotels
14. A group assembled to promote a common purpose
Cyclical Industry
Convention
Market Segmentation
Adjoining or Connecting Rooms
15. Provides systems and brand recognition
Chains
Graveyard Shift
Franchising Company
Large Hotel
16. 3:30 PM- 11:30 PM
Market Segmentation
Continental Plan
21st Century
Swing Shift
17. Hotel Manger/ Resident Manager/ House Manager/ Rooms Division Manger/ Guest Services Manager
Rev Par Equation
Career Stepping Stones to GM
Occupancy Equation
Hotel Classes
18. Room + 'Light' Breakfast
Equity/ Ownership
Rooms Manager
Continental Plan
Segmantation
19. An unsold room can never be sold again for that particular night.
Perishability
Non-buyer Guest
Floor Numbering
Occupancy
20. 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.
Mega- Hotel
19th Century
Sales per occupied room
Real Estate Investment Trusts (REITs)
21. An intermediary between the hotel and the guest who buys the room for the guest
Brand
Graveyard Shift
Non-buyer Guest
Food and Beverage Department
22. The 'Boss' of an individual hotel - Responsible for everything in the hotel - Supervises and controls all the departments
19th Century
Average Daily Rate Equation
General Manager (GM)
Hotel Classes
23. Sees the opportunity and puts together the deal
Financier
Brand
Sales per occupied room
Developer
24. Room+ breakfast and lunch OR dinner
Double Occupancy Equation
Uniformed Services Department
Modified American Plan
Cyclical Industry
25. European Plan - Continental Plan - American Plan - Modified American Plan
Front Office
Hotel Plans
Brand Equity
European Plan
26. Was: extensively staffed- many operators and supervisors Now: Minimally staffed or handled by F.O. itself; was also very costly
Telephone Department
Sales per occupied room
Small Hotel
American Plan
27. Perishability - Location - Fixed Supply - High Operating Cost - Seasonality
Special Characteristics of the Hotel Business
European Plan
Room Numbering
Career Stepping Stones to GM
28. The point at which there are neither profits nor losses.
Hotel Classifications
Chains
Break-Even Point
Mega- Hotel
29. 1. Developer 2. Financier 3. Equity/Ownership 4. Management Company 5. Franchising Company
Parties to the Deal
Solutions to Seasonality
Price Elasticity of Demand
21st Century
30. Deals with safety - fire control and prevention - loss-control - accidents - death - suicides - crimes - scams - drunk - prostitutes and drugs.
Price Elasticity of Demand
Telephone Department
Medium Hotel
Security Department
31. Big name hotels often bought for prestige rather than for profit. Example: Waldorf-Astoria in NYC
Graveyard Shift
20th Century
Central Reservation System
Trophy Hotels
32. Tend to be numbered upward sequentially. Omit floors 13 and room 13. Asian hotels omit floors 4 and room 4.
Size
Franchises
Career Stepping Stones to GM
Floor Numbering
33. Individual - group - REIT etc..
Career Stepping Stones to GM
Equity/ Ownership
Small Hotel
Price Elasticity of Demand
34. ADR= room sale÷ number of rooms sold
American Plan
Average Daily Rate Equation
Brand Equity
Rev Par Equation
35. Size - Class - Type - Plan
Hotel Classifications
Size
Forecast Scheduling
Consortia and Membership Organizations/ Referral Groups
36. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
Housekeeping Department
Uniformed Services Department
Cyclical Industry
Hotel Classifications
37. Rooms that abut along a corridor. May be connected with a door. All connecting rooms adjoin; but all adjoining rooms do not connect!
Front Office
Career Stepping Stones to GM
Uniformed Services Department
Adjoining or Connecting Rooms
38. Room Only
Incentive Tours
European Plan
21st Century
Chains
39. From who the money comes- a bank
Graveyard Shift
Parties to the Deal
Management Company
Financier
40. Percentage of double occupancy=(number of guests - number of rooms occupied) ÷ number of rooms occupied
Food and Beverage Department
Rev Par Equation
Double Occupancy Equation
Forecast Scheduling
41. 300 rooms or more
Management Company
Large Hotel
Size
Floor Numbering
42. The number of available rooms is the standard of measurement.
European Plan
Hotel Classifications
Franchising Company
Size
43. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Swing Shift
Uniformed Services Department
Management Contracts
Telephone Department
44. Sub-department of Food and Beverage. It supervises restaurant - banquet and bar managers
Continental Plan
Management Company
Service Department
Food and Beverage Department
45. 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.
Large Hotel
Elastic
Average Daily Rate Equation
Front Office
46. Average Daily Rate (ADR); the amount received from each room sold.
Solutions to Seasonality
Sales per occupied room
Brand Equity
Elastic
47. RevPAr= Room revenue÷ number of rooms available for sale
Average Daily Rate Equation
Rev Par Equation
Franchises
Floor Numbering
48. Freebies given to guests to 'reward' stays
Equity/ Ownership
Incentive Tours
Preferred Guest Programs (PGPs)
Large Hotel
49. Societies - Medical - University - Religious - Fraternal: All such groups hold meetings and conventions
Occupancy
Food and Beverage Department
Brand Equity
SMURF
50. The relationship between revenue per room and the total room inventory available.
Break-Even Point
Mom-and-pop hotels
Breakage
Rev Par (Revenue per Available Room)