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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 second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
When would you want to use a minimum LOS control?
What was the first Hotel?
What is a guaranteed reservation?
2. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
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?
Tourism
When would you want to use a minimum LOS control?
3. A number of rooms set aside for a group
What is a block?
What should be
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
NON REIT Owner
4. Expedia or Orbitz
What should be
How do u calculate occupancy %?
What is a third-party distribution company?
How to calculate average room rate?
5. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
What is corporate rate?
The difference between guest accounts and house accounts ?
Confirmed reservation?
Suite hotels
6. 95+5=100 divided by 150-25=125=80%
What is displacement?
NON REIT Owner
What is posting?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
7. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Paying off the due bank
Due bank
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 Room status discrepancy ?
8. The process of recording transactions onto a folio
What is a guest ledger
10000 rooms revenue. Sold 95 rooms with 5 comps
The difference between guest accounts and house accounts ?
What is posting?
9. 1990; accomodate guests and employees with disabilities
The difference between guest accounts and house accounts ?
What is the average daily rate?
Merchant discount fee
ADA
10. Separation between classes of hotels - luxury - mid-scale - economy
Give an example of a fence used in the hotel industry
What is a guest ledger
Distribution of the reports is the final step in night audit process?
Market segmentation
11. Coupons used by members of tour groups to pay for meals etc...
Taberna
Tour package coupons
Who deals with the departure of the guests?
What is wash (down)?
12. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
When are lodging analysts bullish on hotel stocks?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Role of management
Discuss a weakness of functional organizational design.
13. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
What are the six steps in the Revenue Management Model?
Merchant discount fee
What is booked mean?
Caravanseri
14. Less money in cash drawer than should be
What is the average daily rate?
Market segmentation
Market Segmentation
Short
15. Negotiated based on number of rooms
What are the differences between a C-Corp. and a REIT?
Tourism
What is group rate?
When does the night audit begin?
16. The first place where a lot of people could stay overnight and keep all their animals etc
What is booked mean?
Caravanseri
What is posting?
What is corporate rate?
17. Reality > expectations 'thrilled'
Short
Guest expectations
Who deals with the departure of the guests?
Reality
18. No difference - just sounds nicer
Franchisor
What is the difference between an employee and an associate?
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 elastic demand?
19. Reservations and non refundable purchases for price sensitive guests versus opposite
What is Room status discrepancy ?
Give an example of a fence used in the hotel industry
Forcasted rooms revenue
What is a third-party distribution company?
20. Cashier (FD)/ uniformed services
What is the responsibility of the reservations?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Tour package coupons
Who deals with the departure of the guests?
21. An organization member has the right to make a decision without obtaining approval from a higher level manager.
What is centralization?
Over
What is decentralization?
Cut off date?
22. Rooms actually reserved by group members
Reality
Over or Short
What is booked mean?
Market segmentation
23. Appeal to both business and leisure travelers
What are the six steps in the Revenue Management Model?
Role of management
Suite hotels and extended stay hotels
Ideal Room Rate
24. Set of registered hotel guest accounts
Guest expectations
What is centralization?
What is a guest ledger
Moments of truth
25. When more money is paid out than comes in and the cashier uses his bank for the payment
Due bank
Ideal Room 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?
Who deals with the occupancy of the guest?
26. A collection of all transactions incurred by a guest.
What is a guest account?
What is rack rate?
What is wash (down)?
What is a guest folio?
27. Uniformed services/FD
Extended stay hotels
Who deals with the arrival of guests?
10000 rooms revenue. Sold 95 rooms with 5 comps
Distribution of the reports is the final step in night audit process?
28. Very sensitive to price. Leisure travel market
Confirmed reservation?
What is elastic demand?
Chain Management
What is inelastic demand?
29. China and India
Cut off date?
Due bank
Where will the majority of the global growth take place
What is a third-party distribution company?
30. Housekeeping
When are lodging analysts bullish on hotel stocks?
What is the largest department?
How do you calculate the % of no shows?
Code of Hammurabi
31. Owns hotel brands and sells the right to use them
Franchisor
Who deal with the pre arrival of the guests?
What is the most used operating ratio?
Who deals with the departure of the guests?
32. Room + 2 meals
Reality
WHat department is the heart of the hotel?
Modified American Plan
Non-collectible account
33. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
34. Determines a rooms short term availability
What is rack rate?
What is elastic demand?
What is housekeeping status?
Give an example of a fence used in the hotel industry
35. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
Distribution of the reports is the final step in night audit process?
Paying off the due bank
What is a guaranteed reservation?
Role of management
36. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
Service recovery
TShe income Audit
Why do hotels offer discounted rates?
What is inelastic demand?
37. Cash according to accounts
What should be
Who deals with the departure of the guests?
What is displacement?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
38. True
Tour package coupons
Distribution of the reports is the final step in night audit process?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Moments of truth
39. If the bill is not paid - hotel cannot recover tip already paid out
Non-collectible account
Merchant discount fee
What is reservation status?
What is the most used operating ratio?
40. The difference between money taken in and paid out
Net Receipts
How do u calculate occupancy %?
What is wash (down)?
What is a guest account?
41. Reality < expectations dissatisfied
Role of management
Who deal with the pre arrival of the guests?
Non-collectible account
Guest expectations
42. Reservations
Who deal with the pre arrival of the guests?
What is the difference between an employee and an associate?
Market Segmentation
Market segmentation
43. First laws to govern hotels - no watering down beer and must pay hotel tax or get hand chopped off
What is inelastic demand?
Franchisor loading corporation
Code of Hammurabi
Is there really such a thing as a six or seven star hotel?
44. Rooms department revenue divided by expected number of rooms sold
What is a guest ledger
When are lodging analysts bullish on hotel stocks?
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
How to calculate average room rate?
45. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
Top down or bottom up
What is the difference between an employee and an associate?
Paying off the due bank
What is a guest ledger
46. Service encounters during which service quality is judged; first impression.
Moments of truth
What was the first Hotel?
How to calculate average room rate?
The difference between guest accounts and house accounts ?
47. Tall organization/ small number of employees report to a supervisor
What is a narrow span of control?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Give an example of a fence used in the hotel industry
Over or Short
48. Hotel gets money later - pays employee up-front
Franchisor
Who is the keys of gold?
Reality
Float Losses
49. Reversal of problem; solving the problem and retaining the goodwill of the customer.
What is a guest folio?
Service recovery
What is decentralization?
Market Segmentation
50. Retained to manage a hotel on behalf of the owner
What is the average daily rate?
Non-guaranteed reservation?
What is Room status discrepancy ?
Independent Management Company