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Test your basic knowledge |
Hotel Operations Management
Start Test
Study First
Subject
:
hospitality
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. China and India
Forcasted rooms revenue
Net Receipts
Where will the majority of the global growth take place
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
2. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
Room assignment process
Franchisor
The difference between guest accounts and house accounts ?
When would you want to use a minimum LOS control?
3. Blocking fewer rooms than requested by the group based on past history
What is wash (down)?
Chain Management
What is displacement?
What should be
4. To sell every available room at the most profitable rate
Forcasted rooms revenue
What is the responsibility of the reservations?
Franchisor
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
5. Coupons used by members of tour groups to pay for meals etc...
How the hotel size that has the largest percentage
What is...
Tour package coupons
What is wash (down)?
6. The first place where a lot of people could stay overnight and keep all their animals etc
What is yield statistoc?
Caravanseri
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
What is a wide span of control?
7. Less money in cash drawer than should be
Short
What are the differences between a C-Corp. and a REIT?
Owner/operator
Reality
8. Rooms revenue divided by number of rooms sold
Guest satisfaction
WHat department is the heart of the hotel?
Who deals with the departure of the guests?
What is the average daily rate?
9. Very sensitive to price. Leisure travel market
Chain Management
What is elastic demand?
Paying off the due bank
Is there really such a thing as a six or seven star hotel?
10. Hotel gets money later - pays employee up-front
Role of management
Extended stay hotels
When are lodging analysts bullish on hotel stocks?
Float Losses
11. FD/PBX
Who deals with the occupancy of the guest?
Service recovery
What is posting?
What is a third-party distribution company?
12. Luxury - upper-upscale - upscale
What is group rate?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Discuss a weakness of functional organizational design.
Code of Hammurabi
13. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
European Plan
What is the difference between an employee and an associate?
Airport hotels
Who deals with the arrival of guests?
14. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
What is a guaranteed reservation?
What should be
What is a narrow span of control?
What are the differences between a C-Corp. and a REIT?
15. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Non-collectible account
What is displacement?
Why do hotels offer discounted rates?
Discuss a weakness of functional organizational design.
16. # of room no shows divided by # of room reservations
How do you calculate the % of no shows?
Guest satisfaction
The difference between guest accounts and house accounts ?
Extended stay hotels
17. Cash according to accounts
Suite hotels
Give an example of a fence used in the hotel industry
Code of Hammurabi
What should be
18. An organization member has the right to make a decision without obtaining approval from a higher level manager.
Net Receipts
What is decentralization?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
When would you want to use a minimum LOS control?
19. Reality > expectations 'thrilled'
Service recovery
WHat department is the heart of the hotel?
Reality
Role of management
20. Provided to frequent business guests
When does the night audit begin?
What is corporate rate?
Paying off house vouchers
Chain Management
21. 95+5=100 divided by 150-25=125=80%
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
What was the first Hotel?
Code of Hammurabi
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
22. The hotel's standard published rate
Who is the keys of gold?
What is rack rate?
When would you want to use a minimum LOS control?
What are 'fences'?
23. Set of registered hotel guest accounts
Forbes 5 star
What is a guest ledger
What are 'fences'?
Distribution of the reports is the final step in night audit process?
24. No difference - just sounds nicer
What is...
What is the difference between an employee and an associate?
What are the differences between a C-Corp. and a REIT?
What is reservation status?
25. The difference between money taken in and paid out
What is Room status discrepancy ?
Net Receipts
What is a third-party distribution company?
European Plan
26. Tall organization/ small number of employees report to a supervisor
Non-guaranteed reservation?
Forbes 5 star
What is a narrow span of control?
What completes the registration process?
27. If the bill is not paid - hotel cannot recover tip already paid out
Non-collectible account
What is wash (down)?
Suite hotels
What is reservation status?
28. The process of recording transactions onto a folio
What is rack rate?
What is posting?
What was the first Hotel?
What is a third-party distribution company?
29. Travelers who intend to stay five days or longer and required reduced hotel services
Extended stay hotels
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Float Losses
Who deals with the departure of the guests?
30. Cashier (FD)/ uniformed services
Owner/operator
Extended stay hotels
Who deals with the departure of the guests?
Caravanseri
31. Determines a rooms short term availability
Ideal Room Rate
What are the six steps in the Revenue Management Model?
Who deals with the departure of the guests?
What is housekeeping status?
32. Negotiated based on number of rooms
What is...
European Plan
What is group rate?
Short
33. Occupancy %
What is the most used operating ratio?
When would you want to use a minimum LOS control?
What is a guest folio?
Who is the keys of gold?
34. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Given the high barriers to entry in some of the major lodging markets - increased revenues at the hotel level can only be derived from taking market share. What are the necessary 'tools' for attracting business from competitors?
Merchant discount fee
Tourism
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
35. Room and meals are separate
Extended stay hotels
What is centralization?
Where will the majority of the global growth take place
European Plan
36. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
How the hotel size that has the largest percentage
What is a guaranteed reservation?
What is centralization?
What are the six steps in the Revenue Management Model?
37. Literally owns and operates hotel
Owner/operator
Modified American Plan
What is the difference between an employee and an associate?
What is a guaranteed reservation?
38. The separation between rich and poor
Who deals with the occupancy of the guest?
Forbes 5 star
What is booked mean?
Market Segmentation
39. Blocking/pre-assigning rooms
What are 'fences'?
Market Segmentation
Room assignment process
What is a wide span of control?
40. Difference between 'What should be' and 'what is'
Due bank
Merchant discount fee
Room assignment process
Over or Short
41. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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42. Room + 2 meals
Modified American Plan
What is decentralization?
Due bank
Market Segmentation
43. Service encounters during which service quality is judged; first impression.
Is there really such a thing as a six or seven star hotel?
What is inelastic demand?
Moments of truth
Suite hotels
44. 70% occupancy - each room category is occupied at 70%.
What is elastic demand?
Non-collectible account
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Ideal Room Rate
45. The retention of decision making authority by a high level manager
How do u calculate occupancy %?
Forbes 5 star
Market segmentation
What is centralization?
46. 1. low variable costs - high fixed costs 2. perishable inventory 3. variable demand patterns 4. ability to forecast future demand 5. ability to segment customers
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is the American Plan?
Tourism
What is a guest account?
47. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
When does the night audit begin?
What is Room status discrepancy ?
The difference between guest accounts and house accounts ?
Distribution of the reports is the final step in night audit process?
48. Owns the hotel but retains a chain or independent management company to operate the property
Taberna
Net Receipts
NON REIT Owner
Airport hotels
49. Where the poorer people stayed when traveling in the Roman Empire
What is the largest department?
Taberna
What is a narrow span of control?
Airport hotels
50. Uniformed services/FD
Discuss a weakness of functional organizational design.
Who deals with the arrival of guests?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
How the hotel size that has the largest percentage