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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. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
ADA
Is there really such a thing as a six or seven star hotel?
Paying off the due bank
How the hotel size that has the largest percentage
2. Negotiated based on number of rooms
Role of management
What is group rate?
Merchant discount fee
What are 'fences'?
3. Room and meals are separate
Chain Management
Who deals with the departure of the guests?
Taberna
European Plan
4. The process of recording transactions onto a folio
What is posting?
What is the average daily rate?
Dimensions of Service Quality
Non-guaranteed reservation?
5. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
Airport hotels
Merchant discount fee
Guest satisfaction
How do u calculate occupancy %?
6. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
When are lodging analysts bullish on hotel stocks?
Tour package coupons
What is a guaranteed reservation?
What are 'fences'?
7. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
When would you want to use a minimum LOS control?
Modified American Plan
Guest satisfaction
What is the average daily rate?
8. Not sensitive to price. Business travel market
What was the first Inn?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is inelastic demand?
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?
9. 95+5=100 divided by 150-25=125=80%
What is group rate?
Why do hotels offer discounted rates?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
How to calculate average room rate?
10. The retention of decision making authority by a high level manager
What is yield statistoc?
What is centralization?
How to calculate average room rate?
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?
11. No - there aren't - it is self proclaimed - not awarded
Due bank
When does the night audit begin?
Is there really such a thing as a six or seven star hotel?
What is housekeeping status?
12. Occupancy %
What is the difference between an employee and an associate?
What is a guest account?
What is the most used operating ratio?
NON REIT Owner
13. Under 150 rooms
What is inelastic demand?
What is a narrow span of control?
Discuss a weakness of functional organizational design.
How the hotel size that has the largest percentage
14. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
Non-collectible account
What are the six steps in the Revenue Management Model?
What is displacement?
TShe income Audit
15. Reality < expectations dissatisfied
What is the most used operating ratio?
Guest expectations
Cut off date?
What is centralization?
16. Cashier (FD)/ uniformed services
What is wash (down)?
What is decentralization?
Who deals with the departure of the guests?
Where will the majority of the global growth take place
17. 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
Paying off house vouchers
Non-guaranteed reservation?
NON REIT Owner
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
18. 1. group common tasks to allow for work specialization - which increases overall productivity 2. training is easier because of similarity and the many opp's for inexp workers to learn from exp workers 3. fosters efficiency - teamwork - and coordinati
What was the first Hotel?
Modified American Plan
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
19. Expedia or Orbitz
What is a third-party distribution company?
What is displacement?
Franchisor
WHat department is the heart of the hotel?
20. A number of rooms set aside for a group
Discuss a weakness of functional organizational design.
Owner/operator
What is a block?
Caravanseri
21. 10000 divided by 95 + 5=10000 divided by 100=100$
Ideal Room Rate
WHat department is the heart of the hotel?
10000 rooms revenue. Sold 95 rooms with 5 comps
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. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
23. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Discuss a weakness of functional organizational design.
Tourism
What is posting?
Modified American Plan
24. Set of registered hotel guest accounts
What is a block?
What is a guest ledger
Franchisor loading corporation
When does the night audit begin?
25. Encourages department performance instead of the main goal which is overall hotel performance
Discuss a weakness of functional organizational design.
Chain Management
10000 rooms revenue. Sold 95 rooms with 5 comps
Forcasted rooms revenue
26. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
How the hotel size that has the largest percentage
What are the differences between a C-Corp. and a REIT?
Airport hotels
What is booked mean?
27. Coles Ordinary
How to calculate average room rate?
Non-collectible account
Franchisor
What was the first Inn?
28. Provided to frequent business guests
NON REIT Owner
Where will the majority of the global growth take place
What is corporate rate?
What completes the registration process?
29. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
Franchisor loading corporation
Ideal Room Rate
Top down or bottom up
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
30. Determines a rooms long term availability
Caravanseri
How do you calculate the % of no shows?
How do u calculate occupancy %?
What is reservation status?
31. Actual rooms revenue divided by potential rooms revenue
European Plan
Suite hotels
Tourism
What is yield statistoc?
32. Issuing the room key
What is the largest department?
Top down or bottom up
Who is the keys of gold?
What completes the registration process?
33. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
What is the American Plan?
What should be
What was the first Hotel?
Taberna
34. Cash according to accounts
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is decentralization?
What should be
European Plan
35. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
What is...
Non-collectible account
Franchisor loading corporation
What should be
36. If the bill is not paid - hotel cannot recover tip already paid out
Why do hotels offer discounted rates?
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 the average daily rate?
Non-collectible account
37. 6%? look up
Market segmentation
What is inelastic demand?
Forbes 5 star
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
38. To sell every available room at the most profitable rate
Why do hotels offer discounted rates?
When are lodging analysts bullish on hotel stocks?
What is the responsibility of the reservations?
Dimensions of Service Quality
39. Tangibles - reliability - responsiveness - assurance and empathy
What is yield statistoc?
Guest satisfaction
Dimensions of Service Quality
Room assignment process
40. Hotel holds room until 4 or 6
Non-guaranteed reservation?
TShe income Audit
Role of management
Dimensions of Service Quality
41. Very sensitive to price. Leisure travel market
Franchisor loading corporation
Merchant discount fee
Franchisor
What is elastic demand?
42. China and India
The difference between guest accounts and house accounts ?
Where will the majority of the global growth take place
WHat department is the heart of the hotel?
How to calculate average room rate?
43. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
What is the largest department?
Over
How the hotel size that has the largest percentage
Why do hotels offer discounted rates?
44. Literally owns and operates hotel
Owner/operator
TShe income Audit
Confirmed reservation?
NON REIT Owner
45. Room + 2 meals
What is wash (down)?
Modified American Plan
Tourism
10000 rooms revenue. Sold 95 rooms with 5 comps
46. 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
47. Where the rich people stayed when traveling in the Roman Empire
When would you want to use a minimum LOS control?
Due bank
Mansio
When are lodging analysts bullish on hotel stocks?
48. Reality > expectations 'thrilled'
What is a guest folio?
How to calculate average room rate?
Reality
Short
49. Appeal to both business and leisure travelers
Who is the keys of gold?
Suite hotels and extended stay hotels
What is decentralization?
Paying off the due bank
50. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Suite hotels
Suite hotels and extended stay hotels
What is posting?