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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. The process of recording transactions onto a folio
What is posting?
Who deals with the departure of the guests?
What is a wide span of control?
Paying off house vouchers
2. Cashier (FD)/ uniformed services
Moments of truth
Who deals with the departure of the guests?
Non-collectible account
Who is the keys of gold?
3. City Hotel - NY city
Tourism
Where will the majority of the global growth take place
What is rack rate?
What was the first Hotel?
4. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
What is inelastic demand?
10000 rooms revenue. Sold 95 rooms with 5 comps
When would you want to use a minimum LOS control?
Ideal Room Rate
5. Room and meals are separate
European Plan
TShe income Audit
Who deals with the departure of the guests?
What is a guest folio?
6. Negotiated based on number of rooms
What is a wide span of control?
What is a narrow span of control?
What is group rate?
Guest expectations
7. 95+5=100 divided by 150-25=125=80%
Reality
What is a guest ledger
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 wash (down)?
8. Travelers who intend to stay five days or longer and required reduced hotel services
Extended stay hotels
Owner/operator
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?
9. A number of rooms set aside for a group
What is the difference between an employee and an associate?
What is elastic demand?
What is a block?
What is reservation status?
10. Rooms department revenue divided by expected number of rooms sold
When are lodging analysts bullish on hotel stocks?
Independent Management Company
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
How to calculate average room rate?
11. A statement of all transactions that affect the balance of an account
Non-collectible account
Guest satisfaction
ADA
What is a guest folio?
12. Occupancy %
What is the most used operating ratio?
What is...
What are the six steps in the Revenue Management Model?
Forcasted rooms revenue
13. Hotel holds room until 4 or 6
Confirmed reservation?
Dimensions of Service Quality
Over or Short
Non-guaranteed reservation?
14. Reality > expectations 'thrilled'
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?
Reality
When are lodging analysts bullish on hotel stocks?
Where will the majority of the global growth take place
15. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Short
Why do hotels offer discounted rates?
Forbes 5 star
16. 6%? look up
Owner/operator
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
When are lodging analysts bullish on hotel stocks?
Service recovery
17. The separation between rich and poor
Caravanseri
Confirmed reservation?
Market Segmentation
Is there really such a thing as a six or seven star hotel?
18. A collection of all transactions incurred by a guest.
What is a block?
What is a guest account?
Who deal with the pre arrival of the guests?
Role of management
19. Encourages department performance instead of the main goal which is overall hotel performance
Top down or bottom up
Discuss a weakness of functional organizational design.
Float Losses
What is a third-party distribution company?
20. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Paying off the due bank
Who deals with the departure of the guests?
How to calculate average room rate?
What is a narrow span of control?
21. Hotel gets money later - pays employee up-front
Who deals with the arrival of guests?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Float Losses
How the hotel size that has the largest percentage
22. Reality = expectations satisfied
What was the first Hotel?
What is the most used operating ratio?
Guest satisfaction
Suite hotels
23. Tall organization/ small number of employees report to a supervisor
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Tourism
What is a narrow 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.
24. Owns hotels affiliated with chain brands
What is the average daily rate?
Taberna
Net Receipts
Chain Management
25. Reservations and non refundable purchases for price sensitive guests versus opposite
Extended stay hotels
Franchisor loading corporation
Give an example of a fence used in the hotel industry
What is housekeeping status?
26. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
What is a block?
Caravanseri
Paying off house vouchers
WHat department is the heart of the hotel?
27. Housekeeping status differs from front desk status
What is Room status discrepancy ?
Suite hotels
Net Receipts
Float Losses
28. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
Dimensions of Service Quality
What is a wide span of control?
Over or Short
Code of Hammurabi
29. 10000 divided by 95 + 5=10000 divided by 100=100$
What is Room status discrepancy ?
10000 rooms revenue. Sold 95 rooms with 5 comps
What was the first Hotel?
Modified American Plan
30. Service encounters during which service quality is judged; first impression.
Moments of truth
What is corporate rate?
What is the responsibility of the reservations?
Non-collectible account
31. 1990; accomodate guests and employees with disabilities
When would you want to use a minimum LOS control?
ADA
Extended stay hotels
What is displacement?
32. Number of rooms occupied divided by number of rooms available
How do u calculate occupancy %?
What is posting?
Why do hotels offer discounted rates?
Top down or bottom up
33. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Distribution of the reports is the final step in night audit process?
Suite hotels
What is posting?
What is rack rate?
34. Hotel verifies that a guest has a reservation. can be guarnteed or no guaranteed
Caravanseri
Tour package coupons
Confirmed reservation?
Airport hotels
35. Retained to manage a hotel on behalf of the owner
Ideal Room Rate
Mansio
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Independent Management Company
36. 70% occupancy - each room category is occupied at 70%.
Guest expectations
What is the responsibility of the reservations?
Ideal Room Rate
Who deals with the occupancy of the guest?
37. Room + 2 meals
Modified American Plan
What are the six steps in the Revenue Management Model?
What is the most used operating ratio?
Where will the majority of the global growth take place
38. Luxury - upper-upscale - upscale
When does the night audit begin?
Airport hotels
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is rack rate?
39. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
The difference between guest accounts and house accounts ?
Market Segmentation
Tourism
Owner/operator
40. Under 150 rooms
Code of Hammurabi
Why do hotels offer discounted rates?
Dimensions of Service Quality
How the hotel size that has the largest percentage
41. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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42. Reality < expectations dissatisfied
Extended stay hotels
What is the responsibility of the reservations?
When are lodging analysts bullish on hotel stocks?
Guest expectations
43. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
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 deals with the departure of the guests?
Guest expectations
When are lodging analysts bullish on hotel stocks?
44. The first place where a lot of people could stay overnight and keep all their animals etc
Code of Hammurabi
Caravanseri
Reality
What is centralization?
45. Means to expand quickly with little capital -collect franchise fees
NON REIT Owner
Over
Dimensions of Service Quality
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
46. 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?
Merchant discount fee
Guest expectations
What was the first Hotel?
47. Set of registered hotel guest accounts
NON REIT Owner
Modified American Plan
Discuss a weakness of functional organizational design.
What is a guest ledger
48. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
The difference between guest accounts and house accounts ?
What is inelastic demand?
What is a guaranteed reservation?
What is the responsibility of the reservations?
49. Front Desk
Due bank
Confirmed reservation?
Independent Management Company
WHat department is the heart of the hotel?
50. Blocking/pre-assigning rooms
Room assignment process
What is decentralization?
What is the responsibility of the reservations?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue