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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. Owns hotels affiliated with chain brands
Chain Management
When are lodging analysts bullish on hotel stocks?
What is rack rate?
What are the differences between a C-Corp. and a REIT?
2. Flat organization/ large number of employees reporting to one supervisor
What is a wide span of control?
Guest expectations
WHat department is the heart of the hotel?
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
3. # of room no shows divided by # of room reservations
How do you calculate the % of no shows?
What was the first Inn?
Forbes 5 star
Guest expectations
4. Coles Ordinary
What was the first Inn?
Taberna
What is displacement?
Short
5. Housekeeping
Due bank
Suite hotels
What is group rate?
What is the largest department?
6. Owns the hotel but retains a chain or independent management company to operate the property
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
NON REIT Owner
What is displacement?
How do you calculate the % of no shows?
7. Rooms revenue divided by number of rooms sold
Guest satisfaction
What is the average daily rate?
What is elastic demand?
Forbes 5 star
8. Reality < expectations dissatisfied
Guest expectations
What is a guest folio?
Over
Mansio
9. Blocking/pre-assigning rooms
Room assignment process
Role of management
What is...
What is posting?
10. 1. analyze the market 2. segment your customers 3. create different products for customers 4. forecast demand by segment 5. determine the optimal customer mix 6. use restrictions to maximize revenues
What is the largest department?
Modified American Plan
Paying off house vouchers
What are the six steps in the Revenue Management Model?
11. Rooms actually reserved by group members
What is inelastic demand?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Guest expectations
What is booked mean?
12. A statement of all transactions that affect the balance of an account
Over or Short
Paying off the due bank
What is a guest folio?
What is posting?
13. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
Code of Hammurabi
Over or Short
Tourism
Franchisor loading corporation
14. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Due bank
What is...
Paying off the due bank
What is the largest department?
15. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
What is the responsibility of the reservations?
Merchant discount fee
What are the differences between a C-Corp. and a REIT?
Tourism
16. The hotel's standard published rate
What is rack rate?
Non-collectible account
What are 'fences'?
Discuss a weakness of functional organizational design.
17. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
How do u calculate occupancy %?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Top down or bottom up
Given the high barriers to entry in some of the major lodging markets - increased revenues at the hotel level can only be derived from taking market share. What are the necessary 'tools' for attracting business from competitors?
18. Set of registered hotel guest accounts
Given the high barriers to entry in some of the major lodging markets - increased revenues at the hotel level can only be derived from taking market share. What are the necessary 'tools' for attracting business from competitors?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What completes the registration process?
What is a guest ledger
19. Means to expand quickly with little capital -collect franchise fees
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is the American Plan?
What are the differences between a C-Corp. and a REIT?
What is a wide span of control?
20. Tangibles - reliability - responsiveness - assurance and empathy
What is the average daily rate?
What is a guest account?
What is displacement?
Dimensions of Service Quality
21. Retained to manage a hotel on behalf of the owner
Independent Management Company
Market segmentation
What is a guest folio?
What is corporate rate?
22. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
What is the American Plan?
What is reservation status?
Who deals with the occupancy of the guest?
What is the most used operating ratio?
23. Luxury - upper-upscale - upscale
Distribution of the reports is the final step in night audit process?
10000 rooms revenue. Sold 95 rooms with 5 comps
When would you want to use a minimum LOS control?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
24. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
Who deals with the occupancy of the guest?
Mansio
What is a guaranteed reservation?
When are lodging analysts bullish on hotel stocks?
25. No difference - just sounds nicer
Caravanseri
What is the difference between an employee and an associate?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Market segmentation
26. Occupancy %
What is the most used operating ratio?
ADA
Non-guaranteed reservation?
Who is the keys of gold?
27. Huge capital investment needed. Time to wait on zoning and construction.
How do u calculate occupancy %?
Who deal with the pre arrival of the guests?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Who deals with the occupancy of the guest?
28. Number of rooms occupied divided by number of rooms available
Short
What was the first Hotel?
How do u calculate occupancy %?
ADA
29. 1. hotel staff members greet upon arrival 2. a welcome reception for the guests is held 3. guests check in and occupy rooms 4. activities - dining - and entertainment are arranged
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30. Address expectations and reality with honest advertising and training employees 'over delivery'
What is a guest account?
WHat department is the heart of the hotel?
Over
Role of management
31. 1990; accomodate guests and employees with disabilities
Where will the majority of the global growth take place
ADA
When does the night audit begin?
Over
32. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Franchisor
Forcasted rooms revenue
Suite hotels
What is a wide span of control?
33. Difference between 'What should be' and 'what is'
Float Losses
Reality
Over
Over or Short
34. A number of rooms set aside for a group
What is a narrow span of control?
Who deals with the departure of the guests?
What is a block?
Airport hotels
35. Separation between classes of hotels - luxury - mid-scale - economy
Market segmentation
Over or Short
Cut off date?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
36. Room and meals are separate
Independent Management Company
Who deal with the pre arrival of the guests?
European Plan
Franchisor loading corporation
37. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
What is group rate?
TShe income Audit
What is booked mean?
What is reservation status?
38. Tall organization/ small number of employees report to a supervisor
What is the most used operating ratio?
What is a narrow span of control?
What is the responsibility of the reservations?
What is yield statistoc?
39. Appeal to both business and leisure travelers
TShe income Audit
How the hotel size that has the largest percentage
Guest satisfaction
Suite hotels and extended stay hotels
40. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
Franchisor loading corporation
What is the largest department?
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 corporate rate?
41. Negotiated based on number of rooms
Tour package coupons
Owner/operator
What is group rate?
10000 rooms revenue. Sold 95 rooms with 5 comps
42. Where the poorer people stayed when traveling in the Roman Empire
Moments of truth
What is a guaranteed reservation?
Taberna
What should be
43. 70% occupancy - each room category is occupied at 70%.
What is the most used operating ratio?
Ideal Room Rate
Discuss a weakness of functional organizational design.
What is inelastic demand?
44. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Suite hotels and extended stay hotels
Independent Management Company
Why do hotels offer discounted rates?
Role of management
45. A collection of all transactions incurred by a guest.
What is Room status discrepancy ?
Room assignment process
What is reservation status?
What is a guest account?
46. The process of recording transactions onto a folio
What is a guest ledger
Suite hotels
What is posting?
What is housekeeping status?
47. Reservations and non refundable purchases for price sensitive guests versus opposite
Forcasted rooms revenue
Who deals with the occupancy of the guest?
Suite hotels
Give an example of a fence used in the hotel industry
48. Concierge/bellstaff
Who is the keys of gold?
Market Segmentation
What is the difference between an employee and an associate?
What is a narrow span of control?
49. Under 150 rooms
What was the first Inn?
How the hotel size that has the largest percentage
Forcasted rooms revenue
What is the most used operating ratio?
50. When more money is paid out than comes in and the cashier uses his bank for the payment
When would you want to use a minimum LOS control?
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
Due bank
What is Room status discrepancy ?