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Test your basic knowledge |
Hotel Operations Management
Start Test
Study First
Subject
:
hospitality
Instructions:
Answer 50 questions in 15 minutes.
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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. Occupancy %
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Paying off house vouchers
Tour package coupons
What is the most used operating ratio?
2. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Guest satisfaction
What is group rate?
Merchant discount fee
Who deals with the occupancy of the guest?
3. Negotiated based on number of rooms
What is group rate?
What completes the registration process?
Moments of truth
Confirmed reservation?
4. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Suite hotels
Independent Management Company
Chain Management
Non-collectible account
5. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
What is Room status discrepancy ?
Non-guaranteed reservation?
The difference between guest accounts and house accounts ?
Paying off the due bank
6. No - there aren't - it is self proclaimed - not awarded
What is the difference between an employee and an associate?
Is there really such a thing as a six or seven star hotel?
What was the first Inn?
Who deals with the occupancy of the guest?
7. Rooms revenue divided by number of rooms sold
What completes the registration process?
How do u calculate occupancy %?
Code of Hammurabi
What is the average daily rate?
8. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
Non-collectible account
When are lodging analysts bullish on hotel stocks?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Guest satisfaction
9. If the bill is not paid - hotel cannot recover tip already paid out
What is the largest department?
Suite hotels
Non-collectible account
What is inelastic demand?
10. The first place where a lot of people could stay overnight and keep all their animals etc
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is...
Franchisor loading corporation
Caravanseri
11. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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12. Rooms actually reserved by group members
What is posting?
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 rack rate?
What is booked mean?
13. Room + 2 meals
Over or Short
Modified American Plan
Franchisor
What is housekeeping status?
14. Retained to manage a hotel on behalf of the owner
Paying off the due bank
How do you calculate the % of no shows?
What is a guest ledger
Independent Management Company
15. 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.
Modified American Plan
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Suite hotels and extended stay hotels
16. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
What is a guaranteed reservation?
What is a guest account?
Short
Market segmentation
17. Concierge/bellstaff
Float Losses
What are the differences between a C-Corp. and a REIT?
Modified American Plan
Who is the keys of gold?
18. Cashier (FD)/ uniformed services
Who deal with the pre arrival of the guests?
Forbes 5 star
Who deals with the departure of the guests?
Extended stay hotels
19. Housekeeping
What is booked mean?
Non-guaranteed reservation?
What is the largest department?
Market Segmentation
20. Owns hotels affiliated with chain brands
What is the largest department?
WHat department is the heart of the hotel?
What is...
Chain Management
21. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
What is booked mean?
Short
What is centralization?
Top down or bottom up
22. Difference between 'What should be' and 'what is'
Over or Short
How the hotel size that has the largest percentage
Is there really such a thing as a six or seven star hotel?
Market segmentation
23. Literally owns and operates hotel
Owner/operator
Over or Short
What is a guest ledger
What is a guest account?
24. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
Caravanseri
Chain Management
TShe income Audit
What is centralization?
25. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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26. More money in cash drawer than should be
What was the first Hotel?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is the American Plan?
Over
27. Reservations and non refundable purchases for price sensitive guests versus opposite
Merchant discount fee
What is corporate rate?
What is group rate?
Give an example of a fence used in the hotel industry
28. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
Top down or bottom up
Forcasted rooms revenue
Code of Hammurabi
Chain Management
29. Cash according to accounts
What should be
What is the difference between an employee and an associate?
Float Losses
What is Room status discrepancy ?
30. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Paying off the due bank
What is the American Plan?
Distribution of the reports is the final step in night audit process?
What is a guest folio?
31. Encourages department performance instead of the main goal which is overall hotel performance
What are 'fences'?
What is centralization?
Discuss a weakness of functional organizational design.
What is yield statistoc?
32. Front Desk
European Plan
What is centralization?
WHat department is the heart of the hotel?
What is decentralization?
33. The difference between money taken in and paid out
Net Receipts
ADA
What is...
Cut off date?
34. Not sensitive to price. Business travel market
What is inelastic demand?
What is the difference between an employee and an associate?
What are 'fences'?
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. Blocking fewer rooms than requested by the group based on past history
Ideal Room Rate
What is a guest account?
What is wash (down)?
Short
36. City Hotel - NY city
Merchant discount fee
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
How the hotel size that has the largest percentage
What was the first Hotel?
37. Hotel holds room until 4 or 6
Non-guaranteed reservation?
Service recovery
What is housekeeping status?
Owner/operator
38. Number of rooms occupied divided by number of rooms available
Confirmed reservation?
What should be
What is elastic demand?
How do u calculate occupancy %?
39. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
When does the night audit begin?
Give an example of a fence used in the hotel industry
Paying off house vouchers
Role of management
40. Date when group blocked rooms return to hotel room inventory
Cut off date?
What completes the registration process?
Franchisor
Why do hotels offer discounted rates?
41. Reality > expectations 'thrilled'
What is a guaranteed reservation?
Reality
What is the most used operating ratio?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
42. A collection of all transactions incurred by a guest.
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
TShe income Audit
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is a guest account?
43. Actual rooms revenue divided by potential rooms revenue
What is yield statistoc?
What is the responsibility of the reservations?
Where will the majority of the global growth take place
How do you calculate the % of no shows?
44. Very sensitive to price. Leisure travel market
What is group rate?
Dimensions of Service Quality
What is Room status discrepancy ?
What is elastic demand?
45. Determines a rooms long term availability
What is corporate rate?
What is elastic demand?
What is reservation status?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
46. Housekeeping status differs from front desk status
What is a guest account?
Suite hotels and extended stay hotels
What should be
What is Room status discrepancy ?
47. Expedia or Orbitz
Top down or bottom up
What is a third-party distribution company?
Non-guaranteed reservation?
Franchisor loading corporation
48. Less money in cash drawer than should be
Non-collectible account
Paying off house vouchers
Short
What is a guest account?
49. True
Short
When does the night audit begin?
Who deal with the pre arrival of the guests?
Distribution of the reports is the final step in night audit process?
50. The hotel's standard published rate
What is the responsibility of the reservations?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Franchisor
What is rack rate?
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