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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. True
Over or Short
TShe income Audit
Distribution of the reports is the final step in night audit process?
What is the American Plan?
2. Determines a rooms short term availability
Suite hotels
What is housekeeping status?
Non-guaranteed reservation?
What is...
3. Turning away free independent traveler guests for lack of rooms due to group business
Who deals with the departure of the guests?
Over or Short
What are the differences between a C-Corp. and a REIT?
What is displacement?
4. Less money in cash drawer than should be
What is inelastic demand?
Short
What is posting?
Over
5. Reversal of problem; solving the problem and retaining the goodwill of the customer.
Give an example of a fence used in the hotel industry
Service recovery
Suite hotels and extended stay hotels
Paying off house vouchers
6. Service encounters during which service quality is judged; first impression.
Tourism
Moments of truth
How to calculate average room rate?
Merchant discount fee
7. Front Desk
WHat department is the heart of the hotel?
What is a guest ledger
Distribution of the reports is the final step in night audit process?
10000 rooms revenue. Sold 95 rooms with 5 comps
8. Provided to frequent business guests
What is corporate rate?
Tour package coupons
Airport hotels
What is a guest ledger
9. Blocking/pre-assigning rooms
Give an example of a fence used in the hotel industry
What is posting?
European Plan
Room assignment process
10. The hotel's standard published rate
Why do hotels offer discounted rates?
What is rack rate?
Modified American Plan
Moments of truth
11. Retained to manage a hotel on behalf of the owner
NON REIT Owner
Independent Management Company
Paying off the due bank
What are 'fences'?
12. Negotiated based on number of rooms
Room assignment process
Why do hotels offer discounted rates?
What is group rate?
What is Room status discrepancy ?
13. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
What are the differences between a C-Corp. and a REIT?
What is a guest folio?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Top down or bottom up
14. Rooms available X occupancy percentage X Average daily rate
Non-collectible account
What is decentralization?
Forcasted rooms revenue
Give an example of a fence used in the hotel industry
15. The difference between money taken in and paid out
Who deals with the departure of the guests?
What is the American Plan?
Net Receipts
Short
16. Expedia or Orbitz
Due bank
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is group rate?
What is a third-party distribution company?
17. Rooms actually reserved by group members
Discuss a weakness of functional organizational design.
How do u calculate occupancy %?
Extended stay hotels
What is booked mean?
18. Reservations
Confirmed reservation?
Who deal with the pre arrival of the guests?
What is yield statistoc?
Over
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
Tourism
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is the largest department?
Room assignment process
20. Huge capital investment needed. Time to wait on zoning and construction.
Cut off date?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Merchant discount fee
When does the night audit begin?
21. Coupons used by members of tour groups to pay for meals etc...
Tour package coupons
What is a block?
Ideal Room Rate
Modified American Plan
22. Number of rooms occupied divided by number of rooms available
Paying off the due bank
How do u calculate occupancy %?
Franchisor
Who deals with the departure of the guests?
23. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
What is the most used operating ratio?
Paying off house vouchers
Chain Management
Who deals with the occupancy of the guest?
24. Uniformed services/FD
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?
Forcasted rooms revenue
Who deals with the arrival of guests?
Moments of truth
25. Reality < expectations dissatisfied
Guest expectations
Net Receipts
How the hotel size that has the largest percentage
Ideal Room Rate
26. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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27. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
What are the differences between a C-Corp. and a REIT?
Top down or bottom up
When does the night audit begin?
What should be
28. China and India
What is housekeeping status?
Distribution of the reports is the final step in night audit process?
Suite hotels
Where will the majority of the global growth take place
29. Rooms revenue divided by number of rooms sold
Top down or bottom up
What is corporate rate?
What is the average daily rate?
What is inelastic demand?
30. Owns hotels affiliated with chain brands
Chain Management
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Due bank
What are 'fences'?
31. Travelers who intend to stay five days or longer and required reduced hotel services
Reality
Modified American Plan
What is the average daily rate?
Extended stay hotels
32. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
Is there really such a thing as a six or seven star hotel?
TShe income Audit
The difference between guest accounts and house accounts ?
What is elastic demand?
33. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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34. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Suite hotels
Due bank
Role of management
Top down or bottom up
35. When more money is paid out than comes in and the cashier uses his bank for the payment
Due bank
What is the largest department?
What is centralization?
Dimensions of Service Quality
36. 'end of day'
What is inelastic demand?
When does the night audit begin?
Why do hotels offer discounted rates?
What are the six steps in the Revenue Management Model?
37. No difference - just sounds nicer
Is there really such a thing as a six or seven star hotel?
What is displacement?
What is the difference between an employee and an associate?
Moments of truth
38. Not sensitive to price. Business travel market
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Reality
Guest expectations
What is inelastic demand?
39. Under 150 rooms
How the hotel size that has the largest percentage
Market Segmentation
Why do hotels offer discounted rates?
Extended stay hotels
40. Hotel holds room until 4 or 6
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is the most used operating ratio?
What is housekeeping status?
Non-guaranteed reservation?
41. Very sensitive to price. Leisure travel market
Moments of truth
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 elastic demand?
What is a third-party distribution company?
42. Issuing the room key
What is a guest ledger
What completes the registration process?
Forbes 5 star
What is...
43. The first place where a lot of people could stay overnight and keep all their animals etc
Confirmed reservation?
Caravanseri
What is the average daily rate?
What was the first Hotel?
44. The retention of decision making authority by a high level manager
What is a block?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Who is the keys of gold?
What is centralization?
45. Tall organization/ small number of employees report to a supervisor
Tour package coupons
European Plan
What is a narrow span of control?
What is the American Plan?
46. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
What is a wide span of control?
Tourism
Who deals with the occupancy of the guest?
When are lodging analysts bullish on hotel stocks?
47. Difference between 'What should be' and 'what is'
Over or Short
What is decentralization?
TShe income Audit
Dimensions of Service Quality
48. Where the rich people stayed when traveling in the Roman Empire
What is a third-party distribution company?
Mansio
What is corporate rate?
What is decentralization?
49. Address expectations and reality with honest advertising and training employees 'over delivery'
Extended stay hotels
Role of management
How do you calculate the % of no shows?
What are 'fences'?
50. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
Float Losses
What is the American Plan?
Role of management
What is group rate?