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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.
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. 'end of day'
What is corporate rate?
Who deals with the departure of the guests?
Ideal Room Rate
When does the night audit begin?
2. Rooms department revenue divided by expected number of rooms sold
What is the largest department?
What is the responsibility of the reservations?
Tour package coupons
How to calculate average room rate?
3. Hotel gets money later - pays employee up-front
What are the differences between a C-Corp. and a REIT?
Float Losses
Net Receipts
The difference between guest accounts and house accounts ?
4. Owns the hotel but retains a chain or independent management company to operate the property
Guest expectations
NON REIT Owner
The difference between guest accounts and house accounts ?
Forcasted rooms revenue
5. Turning away free independent traveler guests for lack of rooms due to group business
The difference between guest accounts and house accounts ?
What is group rate?
What is displacement?
Room assignment process
6. A statement of all transactions that affect the balance of an account
What is a guest folio?
What is group rate?
When would you want to use a minimum LOS control?
ADA
7. Expedia or Orbitz
What completes the registration process?
What is a third-party distribution company?
What is a guaranteed reservation?
Taberna
8. Difference between 'What should be' and 'what is'
What is inelastic 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 %?
Over or Short
How do you calculate the % of no shows?
9. Rooms actually reserved by group members
What is booked mean?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Is there really such a thing as a six or seven star hotel?
What is reservation status?
10. Tall organization/ small number of employees report to a supervisor
What is Room status discrepancy ?
Franchisor loading corporation
What is a narrow span of control?
Extended stay hotels
11. Reality < expectations dissatisfied
Guest expectations
TShe income Audit
Airport hotels
What is housekeeping status?
12. 1990; accomodate guests and employees with disabilities
What are the six steps in the Revenue Management Model?
Where will the majority of the global growth take place
What should be
ADA
13. Address expectations and reality with honest advertising and training employees 'over delivery'
Role of management
Service recovery
Where will the majority of the global growth take place
ADA
14. A collection of all transactions incurred by a guest.
What is displacement?
What is a guest account?
What is the American Plan?
Suite hotels and extended stay hotels
15. China and India
Where will the majority of the global growth take place
How the hotel size that has the largest percentage
What is Room status discrepancy ?
Room assignment process
16. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
What are the differences between a C-Corp. and a REIT?
Role of management
Code of Hammurabi
The difference between guest accounts and house accounts ?
17. Coles Ordinary
What was the first Inn?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
What is rack rate?
Cut off date?
18. Less money in cash drawer than should be
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
When are lodging analysts bullish on hotel stocks?
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
19. Service encounters during which service quality is judged; first impression.
What is posting?
When would you want to use a minimum LOS control?
Moments of truth
What is group rate?
20. Reservations and non refundable purchases for price sensitive guests versus opposite
Merchant discount fee
Give an example of a fence used in the hotel industry
Why do hotels offer discounted rates?
Airport hotels
21. Reversal of problem; solving the problem and retaining the goodwill of the customer.
Taberna
What is reservation status?
Service recovery
Where will the majority of the global growth take place
22. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
TShe income Audit
What is the responsibility of the reservations?
What is a wide span of control?
What is the average daily rate?
23. More money in cash drawer than should be
TShe income Audit
Over
Mansio
Market segmentation
24. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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25. Set of registered hotel guest accounts
Who deals with the departure of the guests?
What was the first Hotel?
What is a guest ledger
What is the most used operating ratio?
26. 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 narrow span of control?
Who is the keys of gold?
What is the American Plan?
When are lodging analysts bullish on hotel stocks?
27. No difference - just sounds nicer
What is the American Plan?
What is centralization?
What is the responsibility of the reservations?
What is the difference between an employee and an associate?
28. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
What is the difference between an employee and an associate?
What is a guest folio?
Over or Short
When would you want to use a minimum LOS control?
29. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Market Segmentation
Why do hotels offer discounted rates?
What are the six steps in the Revenue Management Model?
Confirmed reservation?
30. Flat organization/ large number of employees reporting to one supervisor
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 a wide span of control?
Franchisor
Why do hotels offer discounted rates?
31. 70% occupancy - each room category is occupied at 70%.
What is a block?
What is a guaranteed reservation?
When does the night audit begin?
Ideal Room Rate
32. Retained to manage a hotel on behalf of the owner
What is elastic demand?
Independent Management Company
Guest expectations
Market segmentation
33. A number of rooms set aside for a group
Due bank
What is a block?
What is wash (down)?
Chain Management
34. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
NON REIT Owner
Top down or bottom up
What is the difference between an employee and an associate?
What is the largest department?
35. Actual rooms revenue divided by potential rooms revenue
What is a guaranteed reservation?
Franchisor loading corporation
What is yield statistoc?
What is elastic demand?
36. Provided to frequent business guests
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is corporate rate?
What is a guest ledger
What is displacement?
37. Appeal to both business and leisure travelers
Suite hotels and extended stay hotels
What is corporate rate?
Where will the majority of the global growth take place
Distribution of the reports is the final step in night audit process?
38. Concierge/bellstaff
Who is the keys of gold?
What is a block?
Chain Management
Merchant discount fee
39. No - there aren't - it is self proclaimed - not awarded
10000 rooms revenue. Sold 95 rooms with 5 comps
What is wash (down)?
Paying off house vouchers
Is there really such a thing as a six or seven star hotel?
40. Cashier (FD)/ uniformed services
What is corporate rate?
What is centralization?
What is the difference between an employee and an associate?
Who deals with the departure of the guests?
41. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is the responsibility of the reservations?
Market segmentation
Airport hotels
42. Separation between classes of hotels - luxury - mid-scale - economy
Market segmentation
What is a wide span of control?
Who deal with the pre arrival of the guests?
Forbes 5 star
43. Housekeeping status differs from front desk status
Over
Guest satisfaction
What is Room status discrepancy ?
What is the American Plan?
44. The first place where a lot of people could stay overnight and keep all their animals etc
Caravanseri
Distribution of the reports is the final step in night audit process?
Guest satisfaction
Over
45. Under 150 rooms
TShe income Audit
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
10000 rooms revenue. Sold 95 rooms with 5 comps
How the hotel size that has the largest percentage
46. Literally owns and operates hotel
What is a narrow span of control?
What are the differences between a C-Corp. and a REIT?
Owner/operator
Top down or bottom up
47. Housekeeping
How do u calculate occupancy %?
Paying off house vouchers
Suite hotels and extended stay hotels
What is the largest department?
48. When more money is paid out than comes in and the cashier uses his bank for the payment
Short
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Due bank
49. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
Extended stay hotels
Merchant discount fee
Guest expectations
50. An organization member has the right to make a decision without obtaining approval from a higher level manager.
Guest expectations
What is decentralization?
NON REIT Owner
When are lodging analysts bullish on hotel stocks?
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