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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. Reality = expectations satisfied
Mansio
What is rack rate?
NON REIT Owner
Guest satisfaction
2. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
Airport hotels
What is...
Who deal with the pre arrival of the guests?
Guest expectations
3. Front Desk
Airport hotels
WHat department is the heart of the hotel?
Taberna
Extended stay hotels
4. Reservations and non refundable purchases for price sensitive guests versus opposite
WHat department is the heart of the hotel?
Market Segmentation
Give an example of a fence used in the hotel industry
Who is the keys of gold?
5. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Suite hotels and extended stay hotels
What was the first Hotel?
Top down or bottom up
Tourism
6. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
Where will the majority of the global growth take place
Over
The difference between guest accounts and house accounts ?
Franchisor loading corporation
7. Rooms available X occupancy percentage X Average daily rate
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Forcasted rooms revenue
What is a third-party distribution company?
WHat department is the heart of the hotel?
8. Uniformed services/FD
Who deals with the arrival of guests?
Ideal Room Rate
Room assignment process
Paying off house vouchers
9. Less money in cash drawer than should be
Non-guaranteed reservation?
Why do hotels offer discounted rates?
Who deals with the departure of the guests?
Short
10. Reservations
Distribution of the reports is the final step in night audit process?
Who deal with the pre arrival of the guests?
Who deals with the arrival of guests?
What was the first Hotel?
11. Huge capital investment needed. Time to wait on zoning and construction.
Suite hotels and extended stay hotels
Paying off the due bank
When would you want to use a minimum LOS control?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
12. FD/PBX
What is elastic demand?
Cut off date?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Who deals with the occupancy of the guest?
13. True
Forcasted rooms revenue
Short
Due bank
Distribution of the reports is the final step in night audit process?
14. Number of rooms occupied divided by number of rooms available
How do u calculate occupancy %?
Chain Management
What is the responsibility of the reservations?
Market segmentation
15. Housekeeping
Suite hotels and extended stay hotels
What is a guaranteed reservation?
What is the largest department?
ADA
16. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
What is a wide span of control?
Moments of truth
Guest satisfaction
Top down or bottom up
17. 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
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Paying off the due bank
What is displacement?
What are the six steps in the Revenue Management Model?
18. Reality < expectations dissatisfied
Non-collectible account
What was the first Hotel?
Guest expectations
What was the first Inn?
19. Housekeeping status differs from front desk status
How to calculate average room rate?
Is there really such a thing as a six or seven star hotel?
What is Room status discrepancy ?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
20. Blocking fewer rooms than requested by the group based on past history
What is wash (down)?
ADA
Who deals with the departure of the guests?
Owner/operator
21. Hotel verifies that a guest has a reservation. can be guarnteed or no guaranteed
Confirmed reservation?
Non-guaranteed reservation?
How to calculate average room rate?
What is the average daily rate?
22. Hotel gets money later - pays employee up-front
What is the most used operating ratio?
Reality
Float Losses
Airport hotels
23. Room and meals are separate
Reality
European Plan
Who deals with the occupancy of the guest?
Paying off house vouchers
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
When are lodging analysts bullish on hotel stocks?
Top down or bottom up
TShe income Audit
The difference between guest accounts and house accounts ?
25. Cashier (FD)/ uniformed services
What completes the registration process?
What is corporate rate?
Chain Management
Who deals with the departure of the guests?
26. Very sensitive to price. Leisure travel market
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is a third-party distribution company?
Mansio
What is elastic demand?
27. Encourages department performance instead of the main goal which is overall hotel performance
What is booked mean?
Confirmed reservation?
Discuss a weakness of functional organizational design.
Distribution of the reports is the final step in night audit process?
28. Actual rooms revenue divided by potential rooms revenue
Role of management
WHat department is the heart of the hotel?
What is yield statistoc?
Franchisor
29. Owns the hotel but retains a chain or independent management company to operate the property
Give an example of a fence used in the hotel industry
What is elastic demand?
Where will the majority of the global growth take place
NON REIT Owner
30. The first place where a lot of people could stay overnight and keep all their animals etc
Discuss a weakness of functional organizational design.
Caravanseri
Reality
What is Room status discrepancy ?
31. An organization member has the right to make a decision without obtaining approval from a higher level manager.
What is centralization?
Non-collectible account
What is decentralization?
Tourism
32. The process of recording transactions onto a folio
What are the differences between a C-Corp. and a REIT?
Extended stay hotels
What is posting?
What is the difference between an employee and an associate?
33. A number of rooms set aside for a group
Where will the majority of the global growth take place
Ideal Room Rate
Who deal with the pre arrival of the guests?
What is a block?
34. Under 150 rooms
What is a narrow span of control?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Market segmentation
How the hotel size that has the largest percentage
35. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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36. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
Market segmentation
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
NON REIT Owner
37. A collection of all transactions incurred by a guest.
What is a guest account?
Role of management
Who deal with the pre arrival of the guests?
How do u calculate occupancy %?
38. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is the American Plan?
Confirmed reservation?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
39. The separation between rich and poor
What was the first Hotel?
Room assignment process
Market Segmentation
What should be
40. No - there aren't - it is self proclaimed - not awarded
Franchisor
What is posting?
Is there really such a thing as a six or seven star hotel?
What is centralization?
41. 95+5=100 divided by 150-25=125=80%
Non-guaranteed reservation?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Chain Management
How the hotel size that has the largest percentage
42. 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
Non-guaranteed reservation?
What is a wide span of control?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is housekeeping status?
43. Travelers who intend to stay five days or longer and required reduced hotel services
Market segmentation
European Plan
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Extended stay hotels
44. Occupancy %
Who deals with the arrival of guests?
What is the most used operating ratio?
What is a guest account?
What is housekeeping status?
45. Determines a rooms short term availability
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is a third-party distribution company?
What is housekeeping status?
Code of Hammurabi
46. Not sensitive to price. Business travel market
What is rack rate?
What is inelastic demand?
Discuss a weakness of functional organizational design.
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
47. Rooms revenue divided by number of rooms sold
Where will the majority of the global growth take place
How do u calculate occupancy %?
What is the average daily rate?
Market segmentation
48. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Paying off the due bank
What is centralization?
What is the largest department?
49. When more money is paid out than comes in and the cashier uses his bank for the payment
Room assignment process
Due bank
What is a guaranteed reservation?
Franchisor loading corporation
50. Separation between classes of hotels - luxury - mid-scale - economy
Tourism
Market segmentation
What is displacement?
What is posting?
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