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Test your basic knowledge |
Hotel Operations Management
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Study First
Subject
:
hospitality
Instructions:
Answer 50 questions in 15 minutes.
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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 accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
Paying off house vouchers
Top down or bottom up
ADA
What is displacement?
2. Set of registered hotel guest accounts
What is wash (down)?
How do u calculate occupancy %?
What is a guest ledger
European Plan
3. Issuing the room key
Paying off house vouchers
Airport hotels
Non-collectible account
What completes the registration process?
4. 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
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 are the six steps in the Revenue Management Model?
Discuss a weakness of functional organizational design.
Who deals with the departure of the guests?
5. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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6. Housekeeping status differs from front desk status
What is group rate?
Float Losses
Where will the majority of the global growth take place
What is Room status discrepancy ?
7. Rooms revenue divided by number of rooms sold
What is the average daily rate?
Reality
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Who deal with the pre arrival of the guests?
8. When more money is paid out than comes in and the cashier uses his bank for the payment
Who deals with the occupancy of the guest?
Due bank
Paying off house vouchers
Franchisor loading corporation
9. City Hotel - NY city
Suite hotels and extended stay hotels
What was the first Hotel?
What is wash (down)?
Market Segmentation
10. FD/PBX
Role of management
Who deals with the occupancy of the guest?
How do you calculate the % of no shows?
What is the responsibility of the reservations?
11. Reversal of problem; solving the problem and retaining the goodwill of the customer.
What is reservation status?
What is the American Plan?
Non-collectible account
Service recovery
12. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Merchant discount fee
Non-guaranteed reservation?
Mansio
What is inelastic demand?
13. The difference between money taken in and paid out
Who deals with the departure of the guests?
Net Receipts
What is booked mean?
What is a guest folio?
14. 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
Dimensions of Service Quality
What is posting?
Who deals with the occupancy of the guest?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
15. Reality = expectations satisfied
Guest satisfaction
What are the differences between a C-Corp. and a REIT?
Caravanseri
Non-guaranteed reservation?
16. Concierge/bellstaff
Who is the keys of gold?
Taberna
Paying off house vouchers
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
17. Separation between classes of hotels - luxury - mid-scale - economy
Market segmentation
Is there really such a thing as a six or seven star hotel?
What is Room status discrepancy ?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
18. Determines a rooms short term availability
What is housekeeping status?
What is a guest ledger
Short
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
19. Literally owns and operates hotel
Owner/operator
What is...
What completes the registration process?
Chain Management
20. Reality > expectations 'thrilled'
What is a block?
What is the most used operating ratio?
Give an example of a fence used in the hotel industry
Reality
21. A collection of all transactions incurred by a guest.
What is a guest account?
Distribution of the reports is the final step in night audit process?
Net Receipts
WHat department is the heart of the hotel?
22. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
What is a block?
Why do hotels offer discounted rates?
Suite hotels
What is housekeeping status?
23. Luxury - upper-upscale - upscale
Service recovery
Confirmed reservation?
Why do hotels offer discounted rates?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
24. Owns the hotel but retains a chain or independent management company to operate the property
NON REIT Owner
How the hotel size that has the largest percentage
What is the largest department?
What is corporate rate?
25. No - there aren't - it is self proclaimed - not awarded
Is there really such a thing as a six or seven star hotel?
Discuss a weakness of functional organizational design.
What are 'fences'?
Paying off the due bank
26. China and India
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 elastic demand?
Where will the majority of the global growth take place
Market Segmentation
27. If the bill is not paid - hotel cannot recover tip already paid out
What is the average daily rate?
What is the responsibility of the reservations?
Non-collectible account
How the hotel size that has the largest percentage
28. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
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 is the most used operating ratio?
Airport hotels
Over or Short
29. 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.
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Caravanseri
What is the average daily rate?
30. 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?
Dimensions of Service Quality
Why do hotels offer discounted rates?
What is rack rate?
31. Where the rich people stayed when traveling in the Roman Empire
Who deals with the departure of the guests?
What is corporate rate?
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
32. Address expectations and reality with honest advertising and training employees 'over delivery'
Distribution of the reports is the final step in night audit process?
Suite hotels and extended stay hotels
Ideal Room Rate
Role of management
33. True
Distribution of the reports is the final step in night audit process?
Airport hotels
What is Room status discrepancy ?
Caravanseri
34. Very sensitive to price. Leisure travel market
What is elastic demand?
What is a guaranteed reservation?
Service recovery
Reality
35. Service encounters during which service quality is judged; first impression.
What is rack rate?
Room assignment process
Moments of truth
Airport hotels
36. Occupancy %
Role of management
What is the most used operating ratio?
Service recovery
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?
37. An organization member has the right to make a decision without obtaining approval from a higher level manager.
How do u calculate occupancy %?
Taberna
Cut off date?
What is decentralization?
38. Travelers who intend to stay five days or longer and required reduced hotel services
Extended stay hotels
Franchisor loading corporation
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is elastic demand?
39. Tall organization/ small number of employees report to a supervisor
What is the most used operating ratio?
What is a narrow span of control?
Code of Hammurabi
Why do hotels offer discounted rates?
40. Flat organization/ large number of employees reporting to one supervisor
The difference between guest accounts and house accounts ?
Tour package coupons
What is a wide span of control?
Market segmentation
41. Tangibles - reliability - responsiveness - assurance and empathy
Where will the majority of the global growth take place
Over or Short
Dimensions of Service Quality
What is a guest folio?
42. Rooms department revenue divided by expected number of rooms sold
WHat department is the heart of the hotel?
Where will the majority of the global growth take place
How to calculate average room rate?
Code of Hammurabi
43. Cashier (FD)/ uniformed services
Confirmed reservation?
What is a guest ledger
What completes the registration process?
Who deals with the departure of the guests?
44. Cash according to accounts
What should be
How to calculate average room rate?
What is the difference between an employee and an associate?
What are 'fences'?
45. Hotel gets money later - pays employee up-front
How do u calculate occupancy %?
Float Losses
Chain Management
What is corporate rate?
46. Rooms actually reserved by group members
When would you want to use a minimum LOS control?
Who deals with the occupancy of the guest?
Caravanseri
What is booked mean?
47. Harder to get than 5 diamond
Guest satisfaction
Non-collectible account
Cut off date?
Forbes 5 star
48. A number of rooms set aside for a group
When are lodging analysts bullish on hotel stocks?
Tour package coupons
What is a block?
What is a wide span of control?
49. Provided to frequent business guests
NON REIT Owner
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?
What is corporate rate?
What is yield statistoc?
50. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
What is posting?
When would you want to use a minimum LOS control?
What are the six steps in the Revenue Management Model?
NON REIT Owner
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