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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. Harder to get than 5 diamond
Forbes 5 star
Who deal with the pre arrival of the guests?
Suite hotels
Ideal Room Rate
2. The first place where a lot of people could stay overnight and keep all their animals etc
Confirmed reservation?
Caravanseri
Independent Management Company
Over
3. Actual cash in dollars and cents in the cash drawer
Who deal with the pre arrival of the guests?
Service recovery
Where will the majority of the global growth take place
What is...
4. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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5. Where the poorer people stayed when traveling in the Roman Empire
Taberna
What is the most used operating ratio?
What are 'fences'?
Mansio
6. Cash according to accounts
Non-guaranteed reservation?
What should be
What is Room status discrepancy ?
What is a guest ledger
7. Luxury - upper-upscale - upscale
What was the first Inn?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Franchisor loading corporation
Code of Hammurabi
8. Set of registered hotel guest accounts
What is housekeeping status?
Tour package coupons
Why do hotels offer discounted rates?
What is a guest ledger
9. Reservations and non refundable purchases for price sensitive guests versus opposite
Give an example of a fence used in the hotel industry
What are 'fences'?
What is a guest ledger
What is housekeeping status?
10. 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
What is a third-party distribution company?
What are 'fences'?
Give an example of a fence used in the hotel industry
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
11. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
Give an example of a fence used in the hotel industry
NON REIT Owner
What is...
When are lodging analysts bullish on hotel stocks?
12. Rooms available X occupancy percentage X Average daily rate
What is...
Role of management
Forcasted rooms revenue
TShe income Audit
13. A statement of all transactions that affect the balance of an account
What is a guest folio?
What is group rate?
10000 rooms revenue. Sold 95 rooms with 5 comps
Suite hotels and extended stay hotels
14. 6%? look up
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Tour package coupons
Ideal Room Rate
What is a guest ledger
15. Under 150 rooms
Chain Management
How the hotel size that has the largest percentage
How do you calculate the % of no shows?
NON REIT Owner
16. Hotel gets money later - pays employee up-front
What is Room status discrepancy ?
Market segmentation
Float Losses
Forbes 5 star
17. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
Guest satisfaction
Who deals with the departure of the guests?
What completes the registration process?
The difference between guest accounts and house accounts ?
18. Tangibles - reliability - responsiveness - assurance and empathy
Dimensions of Service Quality
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Who is the keys of gold?
What is decentralization?
19. Provided to frequent business guests
What is corporate rate?
Franchisor
Net Receipts
How to calculate average room rate?
20. Determines a rooms short term availability
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Merchant discount fee
TShe income Audit
What is housekeeping status?
21. Reservations
When does the night audit begin?
What is...
Who deals with the departure of the guests?
Who deal with the pre arrival of the guests?
22. A collection of all transactions incurred by a guest.
Ideal Room Rate
Tourism
What is a guest account?
What is a wide span of control?
23. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
How to calculate average room rate?
Extended stay hotels
Who is the keys of gold?
Code of Hammurabi
24. Cashier (FD)/ uniformed services
Where will the majority of the global growth take place
Over or Short
Who deals with the departure of the guests?
Who deals with the occupancy of the guest?
25. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
Service recovery
Franchisor loading corporation
Paying off house vouchers
What is the responsibility of the reservations?
26. Housekeeping status differs from front desk status
Where will the majority of the global growth take place
What is Room status discrepancy ?
Ideal Room Rate
Who is the keys of gold?
27. Expedia or Orbitz
What is posting?
What is a third-party distribution company?
What is centralization?
Moments of truth
28. Number of rooms occupied divided by number of rooms available
Mansio
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
Who is the keys of gold?
How do u calculate occupancy %?
29. Reality = expectations satisfied
Modified American Plan
Extended stay hotels
Guest satisfaction
Due bank
30. Encourages department performance instead of the main goal which is overall hotel performance
Discuss a weakness of functional organizational design.
What is yield statistoc?
When would you want to use a minimum LOS control?
Over
31. Appeal to both business and leisure travelers
Market Segmentation
Suite hotels and extended stay hotels
What is elastic demand?
Extended stay hotels
32. Literally owns and operates hotel
Due bank
Owner/operator
Guest satisfaction
What is a guest ledger
33. 10000 divided by 95 + 5=10000 divided by 100=100$
Forbes 5 star
How do u calculate occupancy %?
Taberna
10000 rooms revenue. Sold 95 rooms with 5 comps
34. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
What is a block?
Is there really such a thing as a six or seven star hotel?
What should be
Why do hotels offer discounted rates?
35. 70% occupancy - each room category is occupied at 70%.
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 posting?
Ideal Room Rate
36. The separation between rich and poor
Where will the majority of the global growth take place
Ideal Room Rate
Code of Hammurabi
Market Segmentation
37. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
What is a guaranteed reservation?
What was the first Inn?
When would you want to use a minimum LOS control?
Reality
38. Negotiated based on number of rooms
Over
Discuss a weakness of functional organizational design.
ADA
What is group rate?
39. Address expectations and reality with honest advertising and training employees 'over delivery'
Role of management
What is Room status discrepancy ?
Who deals with the departure of the guests?
Due bank
40. Coles Ordinary
Paying off house vouchers
What was the first Inn?
Suite hotels and extended stay hotels
Suite hotels
41. Actual rooms revenue divided by potential rooms revenue
What is a guest account?
Mansio
What is the responsibility of the reservations?
What is yield statistoc?
42. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Short
What is a guest ledger
Tourism
Airport hotels
43. Travelers who intend to stay five days or longer and required reduced hotel services
Extended stay hotels
What is group rate?
Code of Hammurabi
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
44. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
What is a wide span of control?
Who deal with the pre arrival of the guests?
What is a guest account?
Merchant discount fee
45. 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 are the six steps in the Revenue Management Model?
What is posting?
Non-collectible account
Due bank
46. Rooms actually reserved by group members
Top down or bottom up
What is booked mean?
Non-guaranteed reservation?
What is a narrow span of control?
47. Owns the hotel but retains a chain or independent management company to operate the property
Ideal Room Rate
What is corporate rate?
Room assignment process
NON REIT Owner
48. To sell every available room at the most profitable rate
Who deals with the occupancy of the guest?
What is the American Plan?
What is a guest folio?
What is the responsibility of the reservations?
49. Owns hotel brands and sells the right to use them
Franchisor
Tourism
What is rack rate?
Owner/operator
50. Concierge/bellstaff
How do you calculate the % of no shows?
Who deals with the departure of the guests?
Room assignment process
Who is the keys of gold?
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