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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. Concierge/bellstaff
Give an example of a fence used in the hotel industry
What are the six steps in the Revenue Management Model?
Paying off house vouchers
Who is the keys of gold?
2. Tall organization/ small number of employees report to a supervisor
Cut off date?
What is a narrow span of control?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Discuss a weakness of functional organizational design.
3. No difference - just sounds nicer
The difference between guest accounts and house accounts ?
Market Segmentation
What is a guest account?
What is the difference between an employee and an associate?
4. Cashier (FD)/ uniformed services
Independent Management Company
How do u calculate occupancy %?
Confirmed reservation?
Who deals with the departure of the guests?
5. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
Non-guaranteed reservation?
Distribution of the reports is the final step in night audit process?
When would you want to use a minimum LOS control?
What are 'fences'?
6. When more money is paid out than comes in and the cashier uses his bank for the payment
Due bank
What is the responsibility of the reservations?
Chain Management
Merchant discount fee
7. Reservations and non refundable purchases for price sensitive guests versus opposite
Discuss a weakness of functional organizational design.
Reality
Give an example of a fence used in the hotel industry
Merchant discount fee
8. Determines a rooms long term availability
What is reservation status?
What is posting?
Code of Hammurabi
Moments of truth
9. Huge capital investment needed. Time to wait on zoning and construction.
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
What is a guest ledger
Market Segmentation
What is the most used operating ratio?
10. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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11. 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
Who is the keys of gold?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Mansio
Guest satisfaction
12. Rooms available X occupancy percentage X Average daily rate
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
What should be
Chain Management
13. Room + 2 meals
Discuss a weakness of functional organizational design.
Where will the majority of the global growth take place
Modified American Plan
What is elastic demand?
14. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
What is decentralization?
Short
Who is the keys of gold?
Why do hotels offer discounted rates?
15. Housekeeping status differs from front desk status
What is Room status discrepancy ?
Short
Tour package coupons
Paying off house vouchers
16. The process of recording transactions onto a folio
Tour package coupons
Why do hotels offer discounted rates?
What is posting?
What is a guaranteed reservation?
17. Reservations
Who deal with the pre arrival of the guests?
What are 'fences'?
Forcasted rooms revenue
Mansio
18. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
What should be
How to calculate average room rate?
What is a guaranteed reservation?
What is displacement?
19. No - there aren't - it is self proclaimed - not awarded
When would you want to use a minimum LOS control?
Tour package coupons
When does the night audit begin?
Is there really such a thing as a six or seven star hotel?
20. Rooms revenue divided by number of rooms sold
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 the average daily rate?
What is reservation status?
21. Address expectations and reality with honest advertising and training employees 'over delivery'
Discuss a weakness of functional organizational design.
Is there really such a thing as a six or seven star hotel?
WHat department is the heart of the hotel?
Role of management
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
Confirmed reservation?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Market Segmentation
23. Flat organization/ large number of employees reporting to one supervisor
Short
Code of Hammurabi
What is a wide span of control?
What is housekeeping status?
24. Blocking/pre-assigning rooms
Why do hotels offer discounted rates?
Paying off house vouchers
What is housekeeping status?
Room assignment process
25. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
Role of management
What is the American Plan?
Tour package coupons
What is Room status discrepancy ?
26. Very sensitive to price. Leisure travel market
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is elastic demand?
Due bank
The difference between guest accounts and house accounts ?
27. 6%? look up
Tourism
Mansio
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Caravanseri
28. Set of registered hotel guest accounts
What is reservation status?
What is a guest ledger
What is the average daily rate?
WHat department is the heart of the hotel?
29. # of room no shows divided by # of room reservations
How do you calculate the % of no shows?
Moments of truth
Taberna
Mansio
30. Hotel holds room until 4 or 6
Top down or bottom up
Paying off house vouchers
Airport hotels
Non-guaranteed reservation?
31. Literally owns and operates hotel
What are the six steps in the Revenue Management Model?
What is...
Who deals with the arrival of guests?
Owner/operator
32. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
Discuss a weakness of functional organizational design.
Confirmed reservation?
What are the differences between a C-Corp. and a REIT?
Suite hotels
33. Housekeeping
What is the difference between an employee and an associate?
Who is the keys of gold?
What is the largest department?
Dimensions of Service Quality
34. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
When would you want to use a minimum LOS control?
Top down or bottom up
Franchisor loading corporation
Confirmed reservation?
35. 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
Is there really such a thing as a six or seven star hotel?
Paying off house vouchers
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Independent Management Company
36. Negotiated based on number of rooms
What is group rate?
Merchant discount fee
The difference between guest accounts and house accounts ?
Ideal Room Rate
37. Actual rooms revenue divided by potential rooms revenue
What is yield statistoc?
Confirmed reservation?
Guest expectations
How the hotel size that has the largest percentage
38. A statement of all transactions that affect the balance of an account
Extended stay hotels
What is a guest folio?
Who deal with the pre arrival of the guests?
Moments of truth
39. Number of rooms occupied divided by number of rooms available
How do u calculate occupancy %?
Service recovery
Guest satisfaction
Tour package coupons
40. 1990; accomodate guests and employees with disabilities
ADA
Due bank
What is the most used operating ratio?
What is decentralization?
41. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
Franchisor loading corporation
When are lodging analysts bullish on hotel stocks?
What is the most used operating ratio?
What is a third-party distribution company?
42. Reality < expectations dissatisfied
Discuss a weakness of functional organizational design.
Forbes 5 star
Guest expectations
Code of Hammurabi
43. Occupancy %
What is the most used operating ratio?
Due bank
Who deal with the pre arrival of the guests?
What is a narrow span of control?
44. Date when group blocked rooms return to hotel room inventory
Paying off the due bank
What are the six steps in the Revenue Management Model?
Cut off date?
Role of management
45. Not sensitive to price. Business travel market
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
How the hotel size that has the largest percentage
What is decentralization?
What is inelastic demand?
46. Provided to frequent business guests
What is corporate rate?
Confirmed reservation?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Top down or bottom up
47. 95+5=100 divided by 150-25=125=80%
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Top down or bottom up
Is there really such a thing as a six or seven star hotel?
What are the differences between a C-Corp. and a REIT?
48. Expedia or Orbitz
How do you calculate the % of no shows?
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 third-party distribution company?
Why do hotels offer discounted rates?
49. Coles Ordinary
What should be
Paying off the due bank
Extended stay hotels
What was the first Inn?
50. City Hotel - NY city
Where will the majority of the global growth take place
What was the first Hotel?
Suite hotels and extended stay hotels
Forcasted rooms revenue