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Test your basic knowledge |
Hotel Business
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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.
Market Segmentation
Day Shift
Large Hotel
Franchises
2. Sees the opportunity and puts together the deal
Developer
Forecast Scheduling
Hotel Classes
Hotel Plans
3. Small independent roadside motels family owned and operated. These are declining in numbers.
SMURF
Modified American Plan
Management Company
Mom-and-pop hotels
4. 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
Cyclical Industry
Forecast Scheduling
Preferred Guest Programs (PGPs)
Hotel Classifications
5. Increasing in popularity because: Large capital needs - Economies of scale - Ability to attract management talent - Ability to invest in and leverage technology
General Manager (GM)
Chains
Mom-and-pop hotels
Parties to the Deal
6. Members include-Baggae porters - elevator operators - transportation clerks - door attendants.
Hotel Types
Uniformed Services Department
Adjoining or Connecting Rooms
Mom-and-pop hotels
7. Occupancy= number of rooms sold÷ number of rooms available for sale
Management Company
Trophy Hotels
Special Characteristics of the Hotel Business
Occupancy Equation
8. Larger - more luxurious - more amenities - outside view - have themed suites and all-suites - less variation
Adjoining or Connecting Rooms
General Manager (GM)
Rev Par (Revenue per Available Room)
The New Rooms
9. 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.
Uniformed Services Department
Franchising Company
Elastic
Large Hotel
10. Sub-department of Food and Beverage. It supervises restaurant - banquet and bar managers
Franchises
Service Department
Hotel Classifications
Consortia and Membership Organizations/ Referral Groups
11. An intermediary between the hotel and the guest who buys the room for the guest
Career Stepping Stones to GM
20th Century
Sales per occupied room
Non-buyer Guest
12. 150 to 300 rooms
Medium Hotel
Leases
Occupancy
General Manager (GM)
13. Responsible for general cleanliness of guest rooms - corridors and public spaces. Handles linen - uniforms - laundry and lost & found.
General Manager (GM)
Incentive Tours
Housekeeping Department
18th Century
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
Concierge
Trophy Hotels
Non-buyer Guest
15. Hotel Manger/ Resident Manager/ House Manager/ Rooms Division Manger/ Guest Services Manager
Career Stepping Stones to GM
Room Reservations
Medium Hotel
Hotel Classifications
16. Industrial Age
Equity/ Ownership
Segmantation
Uniformed Services Department
19th Century
17. Items paid for but not utilized - like meals
Hotel Classifications
Developer
Rooms Manager
Breakage
18. Deals with the production and service of food and beverages. Service and production are two sub-departments
Hotel Classes
Day Shift
Management Company
Food and Beverage Department
19. The major reason by far that franchisees sign up.
Swing Shift
Management Contracts
Inelastic
Central Reservation System
20. From who the money comes- a bank
Inelastic
Preferred Guest Programs (PGPs)
Rev Par Equation
Financier
21. Provides systems and brand recognition
Mega- Hotel
Franchising Company
Mom-and-pop hotels
Real Estate Investment Trusts (REITs)
22. Runs the day to day operations for a fee
Management Company
Rev Par (Revenue per Available Room)
Adjoining or Connecting Rooms
21st Century
23. Size - Class - Type - Plan
Perishability
Breakage
Hotel Classifications
20th Century
24. You can't please all the people all the time
Break-Even Point
Hotel Plans
Security Department
Logic of Segmentation
25. 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
Manger of Guest Services
Chains
The New Rooms
26. Deals with safety - fire control and prevention - loss-control - accidents - death - suicides - crimes - scams - drunk - prostitutes and drugs.
Special Characteristics of the Hotel Business
Security Department
18th Century
Day Shift
27. 11:30 PM- 7:30 AM
Continental Plan
Security Department
Swing Shift
Graveyard Shift
28. European Plan - Continental Plan - American Plan - Modified American Plan
Hotel Plans
Floor Numbering
Average Daily Rate Equation
Boutique Hotels
29. The relationship between revenue per room and the total room inventory available.
Rev Par (Revenue per Available Room)
Equity/ Ownership
Service Department
Market Segmentation
30. The inherent value that the shopper's recognition gives to the brand. Associated with positive images.
Average Daily Rate Equation
Brand Equity
Market Segmentation
Break-Even Point
31. Societies - Medical - University - Religious - Fraternal: All such groups hold meetings and conventions
Incentive Tours
Modified American Plan
Brand
SMURF
32. 'Keeper of the Keys' - provides services from A-Z.
Elastic
Concierge
Hotel Types
Incentive Tours
33. 7:30 AM-3:30 PM
Room Reservations
Franchises
Brand Equity
Day Shift
34. Small 'individual' properties that offer personalized service
Boutique Hotels
Small Hotel
Cyclical Industry
Solutions to Seasonality
35. 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
Special Characteristics of the Hotel Business
Management Contracts
Medium Hotel
20th Century
36. Commercial/Business/Corporate - Residential - Extended-Stay - Resort - Bed and Breakfast - Boutique Hotels - Trophy Hotels
SMURF
Financier
Security Department
Hotel Types
37. Refers to any room in which there is more than one person; increases RevPar because of additional charge
19th Century
Food Production
Double Occupancy
SMURF
38. Agriculture Age
18th Century
Parties to the Deal
Medium Hotel
Segmantation
39. 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
Financier
Franchising Company
The New Rooms
40. The place in the lobby where guest-services are managed and coordinated.
Food Production
SMURF
Front Office
General Manager (GM)
41. Rate - By level of Service - By level of amenities - Different Rating Systems
Franchising Company
Hotel Classes
Food and Beverage Department
Manger of Guest Services
42. Was: extensively staffed- many operators and supervisors Now: Minimally staffed or handled by F.O. itself; was also very costly
Uniformed Services Department
Telephone Department
Chains
Price Elasticity of Demand
43. Change prices- demand is static - True only for a LIMITED range of products - business traveler.
Inelastic
Security Department
Elastic
Boutique Hotels
44. Room Only
European Plan
Room Reservations
Special Characteristics of the Hotel Business
Modified American Plan
45. The point at which there are neither profits nor losses.
The New Rooms
Average Daily Rate Equation
Break-Even Point
Breakage
46. Inside rooms - odd shaped - small - of many types - sharing bathrooms
Sales per occupied room
Security Department
Management Contracts
The Old Rooms
47. 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.
Graveyard Shift
Real Estate Investment Trusts (REITs)
Segmantation
21st Century
48. A group assembled to promote a common purpose
Hotel Classes
Perishability
Career Stepping Stones to GM
Convention
49. 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.
Rev Par (Revenue per Available Room)
Brand
Rooms Manager
Day Shift
50. An agreement between a hotel building owner and a leasing company by which the leaseholder operates the hotel
Price Elasticity of Demand
Franchises
Forecast Scheduling
Leases
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