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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. Under 150 rooms
What should be
What is the American Plan?
What is rack rate?
How the hotel size that has the largest percentage
2. Not sensitive to price. Business travel market
Over or Short
What is inelastic demand?
What are the six steps in the Revenue Management Model?
What is the American Plan?
3. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
What is a third-party distribution company?
Net Receipts
Room assignment process
TShe income Audit
4. Rooms revenue divided by number of rooms sold
Market segmentation
Tour package coupons
What is the average daily rate?
What was the first Hotel?
5. Rooms actually reserved by group members
What is booked mean?
What is group rate?
Short
Who deal with the pre arrival of the guests?
6. The process of recording transactions onto a folio
Cut off date?
What is posting?
What was the first Inn?
Airport hotels
7. To sell every available room at the most profitable rate
Moments of truth
What are the differences between a C-Corp. and a REIT?
Guest satisfaction
What is the responsibility of the reservations?
8. Front Desk
WHat department is the heart of the hotel?
What is elastic demand?
Is there really such a thing as a six or seven star hotel?
Where will the majority of the global growth take place
9. Owns the hotel but retains a chain or independent management company to operate the property
Guest expectations
NON REIT Owner
What is posting?
What is...
10. Separation between classes of hotels - luxury - mid-scale - economy
Modified American Plan
Market segmentation
Dimensions of Service Quality
What is posting?
11. Actual rooms revenue divided by potential rooms revenue
Over
What is yield statistoc?
What is a third-party distribution company?
Market Segmentation
12. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
What is yield statistoc?
TShe income Audit
What is a guaranteed reservation?
How the hotel size that has the largest percentage
13. Uniformed services/FD
Who deals with the arrival of guests?
What is Room status discrepancy ?
Paying off house vouchers
When would you want to use a minimum LOS control?
14. Cash according to accounts
What is centralization?
What should be
How the hotel size that has the largest percentage
ADA
15. Coupons used by members of tour groups to pay for meals etc...
Who deals with the departure of the guests?
What is the difference between an employee and an associate?
Tour package coupons
The difference between guest accounts and house accounts ?
16. Where the poorer people stayed when traveling in the Roman Empire
What is yield statistoc?
Taberna
What are 'fences'?
Tour package coupons
17. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Caravanseri
Paying off the due bank
Taberna
What is a guest folio?
18. Retained to manage a hotel on behalf of the owner
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is group rate?
Independent Management Company
Guest satisfaction
19. 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
Market Segmentation
Taberna
How the hotel size that has the largest percentage
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
20. Determines a rooms short term availability
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?
What is housekeeping status?
What is the difference between an employee and an associate?
What is Room status discrepancy ?
21. Room and meals are separate
What is rack rate?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
European Plan
Dimensions of Service Quality
22. Turning away free independent traveler guests for lack of rooms due to group business
What is the American Plan?
Who deals with the arrival of guests?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is displacement?
23. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
When are lodging analysts bullish on hotel stocks?
Confirmed reservation?
What is a guest folio?
Guest satisfaction
24. Tall organization/ small number of employees report to a supervisor
What is housekeeping status?
What is inelastic demand?
Who deals with the arrival of guests?
What is a narrow span of control?
25. 95+5=100 divided by 150-25=125=80%
What is centralization?
Due bank
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 wash (down)?
26. Hotel holds room until 4 or 6
Non-guaranteed reservation?
Forbes 5 star
Room assignment process
When would you want to use a minimum LOS control?
27. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
What is wash (down)?
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 the American Plan?
Tourism
28. Less money in cash drawer than should be
Short
Create a process map for a transient business guest who arrives at the city airport - requires shuttle service - and checks into the hotel using the help of a bellman. This is the 'Business Guest Arrival and Check-in Process.' Indicate all functional
What is inelastic demand?
Who deals with the departure of the guests?
29. Literally owns and operates hotel
Owner/operator
What are 'fences'?
How do you calculate the % of no shows?
When would you want to use a minimum LOS control?
30. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
Guest expectations
What is a wide span of control?
Paying off house vouchers
What is...
31. Rooms department revenue divided by expected number of rooms sold
How to calculate average room rate?
Cut off date?
What is elastic demand?
What is a guest ledger
32. Means to expand quickly with little capital -collect franchise fees
Forbes 5 star
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Discuss a weakness of functional organizational design.
What is a guest ledger
33. Reality > expectations 'thrilled'
Create a process map for a transient business guest who arrives at the city airport - requires shuttle service - and checks into the hotel using the help of a bellman. This is the 'Business Guest Arrival and Check-in Process.' Indicate all functional
How do you calculate the % of no shows?
Over
Reality
34. Blocking/pre-assigning rooms
Merchant discount fee
Taberna
NON REIT Owner
Room assignment process
35. Provided to frequent business guests
What is corporate rate?
What is booked mean?
Due bank
Who deals with the departure of the guests?
36. FD/PBX
Dimensions of Service Quality
Non-collectible account
Who deals with the occupancy of the guest?
What is posting?
37. Reservations and non refundable purchases for price sensitive guests versus opposite
Give an example of a fence used in the hotel industry
Cut off date?
What is a guest account?
Over or Short
38. Reality = expectations satisfied
NON REIT Owner
What is elastic demand?
Guest satisfaction
What is...
39. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
What is housekeeping status?
What are the differences between a C-Corp. and a REIT?
Code of Hammurabi
Chain Management
40. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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41. The separation between rich and poor
What is the American Plan?
Market Segmentation
Guest expectations
What is the responsibility of the reservations?
42. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
What is elastic demand?
Guest satisfaction
What are the differences between a C-Corp. and a REIT?
When would you want to use a minimum LOS control?
43. Appeal to both business and leisure travelers
What should be
Suite hotels and extended stay hotels
What is reservation status?
How do u calculate occupancy %?
44. The hotel's standard published rate
WHat department is the heart of the hotel?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Tourism
What is rack rate?
45. Cashier (FD)/ uniformed services
How do you calculate the % of no shows?
Who deals with the departure of the guests?
What is the most used operating ratio?
Independent Management Company
46. More money in cash drawer than should be
Over
Float Losses
How to calculate average room rate?
Mansio
47. Travelers who intend to stay five days or longer and required reduced hotel services
What is rack rate?
Paying off house vouchers
What is decentralization?
Extended stay hotels
48. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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49. Negotiated based on number of rooms
10000 rooms revenue. Sold 95 rooms with 5 comps
What is a guest account?
What is the average daily rate?
What is group rate?
50. When more money is paid out than comes in and the cashier uses his bank for the payment
Give an example of a fence used in the hotel industry
Dimensions of Service Quality
European Plan
Due bank