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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. Special - highly prized single entities.
Segmantation
Incentive Tours
Solutions to Seasonality
Management Company
2. Was: extensively staffed- many operators and supervisors Now: Minimally staffed or handled by F.O. itself; was also very costly
Real Estate Investment Trusts (REITs)
Brand Equity
Telephone Department
Room Reservations
3. 'Keeper of the Keys' - provides services from A-Z.
Small Hotel
Concierge
Preferred Guest Programs (PGPs)
Food and Beverage Department
4. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Trophy Hotels
Uniformed Services Department
Service Department
Housekeeping Department
5. Larger - more luxurious - more amenities - outside view - have themed suites and all-suites - less variation
The Old Rooms
The New Rooms
Manger of Guest Services
Double Occupancy Equation
6. Small independent roadside motels family owned and operated. These are declining in numbers.
Mom-and-pop hotels
Large Hotel
Franchising Company
General Manager (GM)
7. Sub-department of Food and Beverage. It supervises restaurant - banquet and bar managers
Break-Even Point
Boutique Hotels
Equity/ Ownership
Service Department
8. 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.
Boutique Hotels
Brand
Housekeeping Department
Inelastic
9. A group assembled to promote a common purpose
Convention
Trophy Hotels
21st Century
Financier
10. An agreement between a hotel building owner and a leasing company by which the leaseholder operates the hotel
Leases
Food and Beverage Department
Boutique Hotels
Real Estate Investment Trusts (REITs)
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)
Inelastic
Logic of Segmentation
Solutions to Seasonality
12. 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.
Segmantation
Franchises
Small Hotel
Size
13. 100 rooms or less
Concierge
Small Hotel
Service Department
Average Daily Rate Equation
14. 150 to 300 rooms
Uniformed Services Department
Perishability
Trophy Hotels
Medium Hotel
15. Room+ all three meals
Housekeeping Department
American Plan
Central Reservation System
Food Production
16. Sees the opportunity and puts together the deal
Preferred Guest Programs (PGPs)
Developer
Equity/ Ownership
Telephone Department
17. ADR= room sale÷ number of rooms sold
SMURF
Room Numbering
Rev Par (Revenue per Available Room)
Average Daily Rate Equation
18. The inherent value that the shopper's recognition gives to the brand. Associated with positive images.
Segmantation
Franchising Company
Floor Numbering
Brand Equity
19. 300 rooms or more
Parties to the Deal
Telephone Department
Double Occupancy
Large Hotel
20. The major reason by far that franchisees sign up.
Central Reservation System
Consortia and Membership Organizations/ Referral Groups
Equity/ Ownership
Continental Plan
21. Deals with safety - fire control and prevention - loss-control - accidents - death - suicides - crimes - scams - drunk - prostitutes and drugs.
Financier
Floor Numbering
Rev Par Equation
Security Department
22. Small 'individual' properties that offer personalized service
Boutique Hotels
Perishability
Convention
Financier
23. The number of available rooms is the standard of measurement.
21st Century
Size
Occupancy Equation
Room Reservations
24. Occupancy= number of rooms sold÷ number of rooms available for sale
Food Production
Uniformed Services Department
The New Rooms
Occupancy Equation
25. Age of Technology
Food Production
Mega- Hotel
Career Stepping Stones to GM
21st Century
26. Agriculture Age
18th Century
Perishability
Elastic
The Old Rooms
27. Rooms that abut along a corridor. May be connected with a door. All connecting rooms adjoin; but all adjoining rooms do not connect!
European Plan
Trophy Hotels
Adjoining or Connecting Rooms
Housekeeping Department
28. 11:30 PM- 7:30 AM
Convention
Mega- Hotel
Break-Even Point
Graveyard Shift
29. Industrial Age
Leases
19th Century
Non-buyer Guest
Forecast Scheduling
30. Tend to be numbered upward sequentially. Omit floors 13 and room 13. Asian hotels omit floors 4 and room 4.
The New Rooms
Solutions to Seasonality
Elastic
Floor Numbering
31. Room + 'Light' Breakfast
Double Occupancy
Continental Plan
Consortia and Membership Organizations/ Referral Groups
Perishability
32. European Plan - Continental Plan - American Plan - Modified American Plan
Size
Perishability
Hotel Classifications
Hotel Plans
33. Handles requests for rooms from prospective guest arriving in the future.
Room Reservations
Telephone Department
Developer
Market Segmentation
34. Increasing in popularity because: Large capital needs - Economies of scale - Ability to attract management talent - Ability to invest in and leverage technology
Room Numbering
Rev Par (Revenue per Available Room)
Chains
Trophy Hotels
35. 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
20th Century
The Old Rooms
Hotel Types
36. Refers to any room in which there is more than one person; increases RevPar because of additional charge
Double Occupancy
General Manager (GM)
Career Stepping Stones to GM
Solutions to Seasonality
37. 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.
Elastic
Small Hotel
Brand Equity
Leases
38. Big name hotels often bought for prestige rather than for profit. Example: Waldorf-Astoria in NYC
Financier
Consortia and Membership Organizations/ Referral Groups
Trophy Hotels
Service Department
39. An unsold room can never be sold again for that particular night.
Food and Beverage Department
Non-buyer Guest
Perishability
Service Department
40. Depends on hotel design. Often arbitrary.
Solutions to Seasonality
Trophy Hotels
Convention
Room Numbering
41. Room Only
Mega- Hotel
20th Century
European Plan
Housekeeping Department
42. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
European Plan
Sales per occupied room
18th Century
Housekeeping Department
43. 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
19th Century
Mom-and-pop hotels
Cyclical Industry
Hotel Types
44. 7:30 AM-3:30 PM
Hotel Types
Security Department
Day Shift
Consortia and Membership Organizations/ Referral Groups
45. Items paid for but not utilized - like meals
Breakage
Rev Par (Revenue per Available Room)
Elastic
Cyclical Industry
46. Goal is to maximize coverage with minimal costs.
Forecast Scheduling
Mom-and-pop hotels
Central Reservation System
The Old Rooms
47. 1500 rooms or more
Special Characteristics of the Hotel Business
Mega- Hotel
Telephone Department
Franchising Company
48. Provides systems and brand recognition
Franchising Company
Rev Par Equation
18th Century
Swing Shift
49. Perishability - Location - Fixed Supply - High Operating Cost - Seasonality
Security Department
Special Characteristics of the Hotel Business
Brand
Small Hotel
50. Percentage of double occupancy=(number of guests - number of rooms occupied) ÷ number of rooms occupied
Inelastic
Food and Beverage Department
Graveyard Shift
Double Occupancy Equation