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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. Rooms actually reserved by group members
Taberna
Role of management
Guest satisfaction
What is booked mean?
2. FD/PBX
What is a guaranteed reservation?
Who deals with the occupancy of the guest?
What is the average daily rate?
Role of management
3. 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
Who is the keys of gold?
How to calculate average room rate?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Suite hotels and extended stay hotels
4. Owns hotel brands and sells the right to use them
Role of management
Confirmed reservation?
Who deals with the occupancy of the guest?
Franchisor
5. Tall organization/ small number of employees report to a supervisor
What is a narrow span of control?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Independent Management Company
What is decentralization?
6. Literally owns and operates hotel
WHat department is the heart of the hotel?
Owner/operator
What is the American Plan?
Forcasted rooms revenue
7. Very sensitive to price. Leisure travel market
What is elastic demand?
Due bank
Taberna
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
8. Means to expand quickly with little capital -collect franchise fees
Guest expectations
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is the most used operating ratio?
Who deals with the departure of the guests?
9. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
What is the average daily rate?
Independent Management Company
Moments of truth
Paying off the due bank
10. Reality < expectations dissatisfied
Airport hotels
Guest expectations
What is booked mean?
What is a guest folio?
11. Rooms revenue divided by number of rooms sold
What is the average daily rate?
Give an example of a fence used in the hotel industry
Confirmed reservation?
How to calculate average room rate?
12. Determines a rooms long term availability
Net Receipts
Who deals with the departure of the guests?
What is reservation status?
Chain Management
13. Separation between classes of hotels - luxury - mid-scale - economy
What is yield statistoc?
What is reservation status?
Market segmentation
Is there really such a thing as a six or seven star hotel?
14. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Short
What is housekeeping status?
Why do hotels offer discounted rates?
Is there really such a thing as a six or seven star hotel?
15. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
Mansio
What is a narrow span of control?
What is elastic demand?
Airport hotels
16. Actual cash in dollars and cents in the cash drawer
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is...
What is centralization?
Ideal Room Rate
17. Coupons used by members of tour groups to pay for meals etc...
How do u calculate occupancy %?
Franchisor loading corporation
Over or Short
Tour package coupons
18. China and India
Where will the majority of the global growth take place
Is there really such a thing as a six or seven star hotel?
When would you want to use a minimum LOS control?
Tourism
19. 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
Who deals with the occupancy of the guest?
Guest satisfaction
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Moments of truth
20. Luxury - upper-upscale - upscale
Franchisor loading corporation
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Non-guaranteed reservation?
What is...
21. Occupancy %
What is the most used operating ratio?
How to calculate average room rate?
What is a guaranteed reservation?
Franchisor
22. Retained to manage a hotel on behalf of the owner
Independent Management Company
WHat department is the heart of the hotel?
Short
NON REIT Owner
23. Hotel gets money later - pays employee up-front
Float Losses
Why do hotels offer discounted rates?
What is a guaranteed reservation?
Ideal Room Rate
24. Reversal of problem; solving the problem and retaining the goodwill of the customer.
What was the first Inn?
When would you want to use a minimum LOS control?
Top down or bottom up
Service recovery
25. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
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 %?
Why do hotels offer discounted rates?
26. Flat organization/ large number of employees reporting to one supervisor
Float Losses
What is a wide span of control?
Tourism
What is posting?
27. An organization member has the right to make a decision without obtaining approval from a higher level manager.
What is inelastic demand?
What is decentralization?
Mansio
Market segmentation
28. Cash according to accounts
Franchisor
What should be
Merchant discount fee
Franchisor loading corporation
29. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Short
Merchant discount fee
What is rack rate?
Who deal with the pre arrival of the guests?
30. Encourages department performance instead of the main goal which is overall hotel performance
What is the largest department?
Suite hotels and extended stay hotels
Discuss a weakness of functional organizational design.
Caravanseri
31. Turning away free independent traveler guests for lack of rooms due to group business
What are 'fences'?
What is displacement?
Short
Non-collectible account
32. Blocking/pre-assigning rooms
Guest expectations
When does the night audit begin?
Due bank
Room assignment process
33. 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?
Who deal with the pre arrival of the guests?
What is a block?
What is posting?
34. Date when group blocked rooms return to hotel room inventory
Paying off the due bank
What are the differences between a C-Corp. and a REIT?
What is the largest department?
Cut off date?
35. Number of rooms occupied divided by number of rooms available
When would you want to use a minimum LOS control?
How do u calculate occupancy %?
What is rack rate?
What is displacement?
36. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
What is wash (down)?
Who is the keys of gold?
What are the differences between a C-Corp. and a REIT?
What are 'fences'?
37. Appeal to both business and leisure travelers
When are lodging analysts bullish on hotel stocks?
What is housekeeping status?
European Plan
Suite hotels and extended stay hotels
38. Reality > expectations 'thrilled'
What is a wide span of control?
Service recovery
Reality
Give an example of a fence used in the hotel industry
39. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Non-collectible account
Suite hotels
Reality
What is decentralization?
40. Reality = expectations satisfied
Guest satisfaction
Mansio
Forcasted rooms revenue
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
41. Room and meals are separate
What is decentralization?
Distribution of the reports is the final step in night audit process?
European Plan
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
42. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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43. The retention of decision making authority by a high level manager
Owner/operator
What is centralization?
Merchant discount fee
What should be
44. To sell every available room at the most profitable rate
WHat department is the heart of the hotel?
Suite hotels and extended stay hotels
What is the responsibility of the reservations?
Who deal with the pre arrival of the guests?
45. Front Desk
Service recovery
WHat department is the heart of the hotel?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is the most used operating ratio?
46. Blocking fewer rooms than requested by the group based on past history
What is a narrow span of control?
What is wash (down)?
What is booked mean?
Market segmentation
47. 70% occupancy - each room category is occupied at 70%.
Paying off house vouchers
What is...
TShe income Audit
Ideal Room Rate
48. Uniformed services/FD
Who deals with the arrival of guests?
Reality
Give an example of a fence used in the hotel industry
What is a guest account?
49. Tangibles - reliability - responsiveness - assurance and empathy
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?
Discuss a weakness of functional organizational design.
What is corporate rate?
Dimensions of Service Quality
50. # of room no shows divided by # of room reservations
WHat department is the heart of the hotel?
How do you calculate the % of no shows?
Ideal Room Rate
Airport hotels