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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
What is posting?
Where will the majority of the global growth take place
Paying off the due bank
Taberna
2. The process of recording transactions onto a folio
Paying off house vouchers
Give an example of a fence used in the hotel industry
What is posting?
Service recovery
3. Rooms available X occupancy percentage X Average daily rate
10000 rooms revenue. Sold 95 rooms with 5 comps
Service recovery
Market segmentation
Forcasted rooms revenue
4. Housekeeping
Why do hotels offer discounted rates?
ADA
Market segmentation
What is the largest department?
5. 70% occupancy - each room category is occupied at 70%.
Ideal Room Rate
The difference between guest accounts and house accounts ?
What is reservation status?
Over
6. Actual cash in dollars and cents in the cash drawer
Net Receipts
Over or Short
What is...
What is centralization?
7. Rooms department revenue divided by expected number of rooms sold
Franchisor
What are the differences between a C-Corp. and a REIT?
What is elastic demand?
How to calculate average room rate?
8. Actual rooms revenue divided by potential rooms revenue
Who is the keys of gold?
Give an example of a fence used in the hotel industry
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is yield statistoc?
9. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
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.
Dimensions of Service Quality
When are lodging analysts bullish on hotel stocks?
10. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is rack rate?
What is centralization?
Airport hotels
11. Room and meals are separate
Guest expectations
When would you want to use a minimum LOS control?
Merchant discount fee
European Plan
12. 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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13. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
Who deals with the departure of the guests?
What is decentralization?
What is the American Plan?
What is a guest account?
14. Uniformed services/FD
What is a wide span of control?
Owner/operator
Who deals with the arrival of guests?
What is reservation status?
15. Owns hotel brands and sells the right to use them
Give an example of a fence used in the hotel industry
Discuss a weakness of functional organizational design.
What is a wide span of control?
Franchisor
16. Rooms actually reserved by group members
The difference between guest accounts and house accounts ?
What is booked mean?
Dimensions of Service Quality
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
17. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
How the hotel size that has the largest percentage
Top down or bottom up
What was the first Inn?
Dimensions of Service Quality
18. Tall organization/ small number of employees report to a supervisor
Due bank
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?
Distribution of the reports is the final step in night audit process?
What is a narrow span of control?
19. Number of rooms occupied divided by number of rooms available
What is the average daily rate?
What is the largest department?
How do u calculate occupancy %?
What is inelastic demand?
20. Where the poorer people stayed when traveling in the Roman Empire
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Taberna
When does the night audit begin?
What is group rate?
21. A number of rooms set aside for a group
Is there really such a thing as a six or seven star hotel?
What is a block?
What is the most used operating ratio?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
22. Determines a rooms short term availability
What is the largest department?
What is housekeeping status?
Taberna
What is centralization?
23. Housekeeping status differs from front desk status
What is Room status discrepancy ?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Who deals with the arrival of guests?
Franchisor loading corporation
24. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
What is elastic demand?
The difference between guest accounts and house accounts ?
Give an example of a fence used in the hotel industry
Non-collectible account
25. The retention of decision making authority by a high level manager
What is centralization?
Who deal with the pre arrival of the guests?
Paying off the due bank
Ideal Room Rate
26. If the bill is not paid - hotel cannot recover tip already paid out
When are lodging analysts bullish on hotel stocks?
Non-collectible account
Paying off the due bank
Non-guaranteed reservation?
27. Date when group blocked rooms return to hotel room inventory
Cut off date?
What is a guest folio?
Room assignment process
What is...
28. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
What is wash (down)?
10000 rooms revenue. Sold 95 rooms with 5 comps
What are the six steps in the Revenue Management Model?
Tourism
29. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
Who deals with the arrival of guests?
What is the American Plan?
TShe income Audit
Role of management
30. Hotel holds room until 4 or 6
Over
Non-guaranteed reservation?
Ideal Room Rate
Confirmed reservation?
31. Literally owns and operates hotel
What is wash (down)?
Owner/operator
Modified American Plan
Over
32. Huge capital investment needed. Time to wait on zoning and construction.
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 deal with the pre arrival of the guests?
Give an example of a fence used in the hotel industry
What is displacement?
33. 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 is corporate rate?
What is a guest account?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Give an example of a fence used in the hotel industry
34. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
Airport hotels
Who deals with the occupancy of the guest?
What is the most used operating ratio?
Paying off house vouchers
35. Cashier (FD)/ uniformed services
Non-collectible account
Who deals with the departure of the guests?
Discuss a weakness of functional organizational design.
What are the six steps in the Revenue Management Model?
36. Flat organization/ large number of employees reporting to one supervisor
What is a wide span of control?
Market segmentation
Service recovery
What is reservation status?
37. 'end of day'
What are 'fences'?
What is yield statistoc?
When does the night audit begin?
What is a block?
38. A collection of all transactions incurred by a guest.
What is a guest account?
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.
Forbes 5 star
39. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
Franchisor loading corporation
What are the differences between a C-Corp. and a REIT?
Owner/operator
What is a guest account?
40. Service encounters during which service quality is judged; first impression.
Mansio
Over
Moments of truth
Guest expectations
41. Issuing the room key
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 completes the registration process?
Non-collectible account
What is corporate rate?
42. Where the rich people stayed when traveling in the Roman Empire
Mansio
What is inelastic demand?
Is there really such a thing as a six or seven star hotel?
Independent Management Company
43. Means to expand quickly with little capital -collect franchise fees
Confirmed reservation?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Franchisor
NON REIT Owner
44. City Hotel - NY city
What was the first Hotel?
How the hotel size that has the largest percentage
What is Room status discrepancy ?
Airport hotels
45. Travelers who intend to stay five days or longer and required reduced hotel services
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Extended stay hotels
What are the differences between a C-Corp. and a REIT?
Role of management
46. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
Who is the keys of gold?
WHat department is the heart of the hotel?
Code of Hammurabi
Discuss a weakness of functional organizational design.
47. The hotel's standard published rate
Give an example of a fence used in the hotel industry
What is rack rate?
Extended stay hotels
Suite hotels
48. The difference between money taken in and paid out
Suite hotels
What is inelastic demand?
Net Receipts
What completes the registration process?
49. 6%? look up
Modified American Plan
Who deals with the departure of the guests?
What is booked mean?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
50. Reality > expectations 'thrilled'
Franchisor
What should be
Reality
When would you want to use a minimum LOS control?