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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. Coupons used by members of tour groups to pay for meals etc...
Chain Management
Role of management
Tour package coupons
What is a wide span of control?
2. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
Who deals with the departure of the guests?
What is Room status discrepancy ?
Forbes 5 star
Top down or bottom up
3. Rooms actually reserved by group members
What is booked mean?
What is a wide span of control?
What should be
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
4. 70% occupancy - each room category is occupied at 70%.
Ideal Room Rate
Tourism
What is a narrow span of control?
What is a third-party distribution company?
5. Hotel holds room until 4 or 6
What completes the registration process?
What is posting?
What is inelastic demand?
Non-guaranteed reservation?
6. An organization member has the right to make a decision without obtaining approval from a higher level manager.
How the hotel size that has the largest percentage
What is decentralization?
When does the night audit begin?
WHat department is the heart of the hotel?
7. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
What are the differences between a C-Corp. and a REIT?
What is displacement?
Airport hotels
What is...
8. Actual rooms revenue divided by potential rooms revenue
What is yield statistoc?
What is a block?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
WHat department is the heart of the hotel?
9. Number of rooms occupied divided by number of rooms available
Franchisor
How do u calculate occupancy %?
Suite hotels and extended stay hotels
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
10. Expedia or Orbitz
How to calculate average room rate?
Market segmentation
Suite hotels
What is a third-party distribution company?
11. Travelers who intend to stay five days or longer and required reduced hotel services
Where will the majority of the global growth take place
Merchant discount fee
Extended stay hotels
What is a guest ledger
12. # of room no shows divided by # of room reservations
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
How do you calculate the % of no shows?
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?
Short
13. Blocking/pre-assigning rooms
Room assignment process
Forcasted rooms revenue
Taberna
Who deals with the departure of the guests?
14. Not sensitive to price. Business travel market
How to calculate average room rate?
What is inelastic demand?
Float Losses
What is group rate?
15. Tangibles - reliability - responsiveness - assurance and empathy
What are the differences between a C-Corp. and a REIT?
What is a guest folio?
Dimensions of Service Quality
What is housekeeping status?
16. A statement of all transactions that affect the balance of an account
Market segmentation
What is a guest folio?
Short
Code of Hammurabi
17. Hotel gets money later - pays employee up-front
Confirmed reservation?
Float Losses
Extended stay hotels
Who is the keys of gold?
18. Less money in cash drawer than should be
What is the American Plan?
How the hotel size that has the largest percentage
Short
Extended stay hotels
19. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Who deal with the pre arrival of the guests?
What is a guaranteed reservation?
Tourism
Chain Management
20. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
What is reservation status?
Room assignment process
Why do hotels offer discounted rates?
Top down or bottom up
21. 1. hotel staff members greet upon arrival 2. a welcome reception for the guests is held 3. guests check in and occupy rooms 4. activities - dining - and entertainment are arranged
22. Very sensitive to price. Leisure travel market
What is elastic demand?
Non-collectible account
What should be
Where will the majority of the global growth take place
23. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Merchant discount fee
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is a guest ledger
What is a wide span of control?
24. Front Desk
Guest expectations
10000 rooms revenue. Sold 95 rooms with 5 comps
Tourism
WHat department is the heart of the hotel?
25. Date when group blocked rooms return to hotel room inventory
What is rack rate?
Cut off date?
What is the largest department?
Paying off house vouchers
26. Coles Ordinary
What is rack rate?
10000 rooms revenue. Sold 95 rooms with 5 comps
What was the first Inn?
What is centralization?
27. Reservations
Over or Short
Who deal with the pre arrival of the guests?
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?
Distribution of the reports is the final step in night audit process?
28. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Independent Management Company
When are lodging analysts bullish on hotel stocks?
What completes the registration process?
29. Encourages department performance instead of the main goal which is overall hotel performance
How the hotel size that has the largest percentage
How do you calculate the % of no shows?
Discuss a weakness of functional organizational design.
What completes the registration process?
30. Difference between 'What should be' and 'what is'
Franchisor
When are lodging analysts bullish on hotel stocks?
Over or Short
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
31. Determines a rooms long term availability
Caravanseri
Tour package coupons
What is reservation status?
Market segmentation
32. The hotel's standard published rate
Who deal with the pre arrival of the guests?
What is a narrow span of control?
What is rack rate?
What completes the registration process?
33. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
Moments of truth
The difference between guest accounts and house accounts ?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Guest expectations
34. Literally owns and operates hotel
What is group rate?
Owner/operator
What is a third-party distribution company?
Market segmentation
35. 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
Who deal with the pre arrival of the guests?
Service recovery
Role of management
What are the six steps in the Revenue Management Model?
36. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
Dimensions of Service Quality
Float Losses
When are lodging analysts bullish on hotel stocks?
Franchisor loading corporation
37. Where the rich people stayed when traveling in the Roman Empire
Give an example of a fence used in the hotel industry
What is housekeeping status?
What is a third-party distribution company?
Mansio
38. Where the poorer people stayed when traveling in the Roman Empire
Taberna
Modified American Plan
Role of management
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
39. 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
Mansio
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Cut off date?
40. China and India
What is corporate rate?
Guest satisfaction
What are the six steps in the Revenue Management Model?
Where will the majority of the global growth take place
41. Owns the hotel but retains a chain or independent management company to operate the property
What is posting?
NON REIT Owner
How to calculate average room rate?
Forbes 5 star
42. To sell every available room at the most profitable rate
Suite hotels and extended stay hotels
What is displacement?
What is the responsibility of the reservations?
Suite hotels
43. The retention of decision making authority by a high level manager
What is...
What is centralization?
Who deals with the departure of the guests?
Airport hotels
44. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
45. 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
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
WHat department is the heart of the hotel?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Top down or bottom up
46. Housekeeping
Ideal Room Rate
What is inelastic demand?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is the largest department?
47. If the bill is not paid - hotel cannot recover tip already paid out
Top down or bottom up
What is the most used operating ratio?
Non-collectible account
The difference between guest accounts and house accounts ?
48. The separation between rich and poor
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is the difference between an employee and an associate?
NON REIT Owner
Market Segmentation
49. Room and meals are separate
European Plan
NON REIT Owner
What is booked mean?
How do u calculate occupancy %?
50. No - there aren't - it is self proclaimed - not awarded
Who deals with the departure of the guests?
What is group rate?
WHat department is the heart of the hotel?
Is there really such a thing as a six or seven star hotel?