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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. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
The difference between guest accounts and house accounts ?
What is posting?
Extended stay hotels
Cut off date?
2. 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 average daily rate?
When are lodging analysts bullish on hotel stocks?
Moments of truth
3. The first place where a lot of people could stay overnight and keep all their animals etc
Net Receipts
TShe income Audit
Caravanseri
Top down or bottom up
4. Encourages department performance instead of the main goal which is overall hotel performance
What is displacement?
Discuss a weakness of functional organizational design.
Role of management
Who is the keys of gold?
5. An organization member has the right to make a decision without obtaining approval from a higher level manager.
When does the night audit begin?
Discuss a weakness of functional organizational design.
Cut off date?
What is decentralization?
6. The process of recording transactions onto a folio
What is posting?
Net Receipts
What is elastic demand?
Franchisor
7. Huge capital investment needed. Time to wait on zoning and construction.
Franchisor loading corporation
Guest satisfaction
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 the difference between an employee and an associate?
8. Very sensitive to price. Leisure travel market
Who deal with the pre arrival of the guests?
What is elastic demand?
What is the most used operating ratio?
What is centralization?
9. Occupancy %
Forcasted rooms revenue
What is the most used operating ratio?
What was the first Inn?
Mansio
10. Determines a rooms long term availability
Taberna
What is displacement?
What is reservation status?
What is booked mean?
11. Means to expand quickly with little capital -collect franchise fees
What is...
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Room assignment process
How do you calculate the % of no shows?
12. Reservations
Who deal with the pre arrival of the guests?
ADA
Taberna
What is the responsibility of the reservations?
13. Hotel holds room until 4 or 6
Independent Management Company
Non-guaranteed reservation?
10000 rooms revenue. Sold 95 rooms with 5 comps
Mansio
14. Blocking fewer rooms than requested by the group based on past history
Distribution of the reports is the final step in night audit process?
What is wash (down)?
What is a third-party distribution company?
What is the most used operating ratio?
15. Issuing the room key
How do you calculate the % of no shows?
What completes the registration process?
Top down or bottom up
When are lodging analysts bullish on hotel stocks?
16. 10000 divided by 95 + 5=10000 divided by 100=100$
10000 rooms revenue. Sold 95 rooms with 5 comps
How do you calculate the % of no shows?
Over or Short
Taberna
17. Service encounters during which service quality is judged; first impression.
What is inelastic demand?
Moments of truth
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
18. To sell every available room at the most profitable rate
What is the responsibility of the reservations?
What is a guaranteed reservation?
Moments of truth
Service recovery
19. Cashier (FD)/ uniformed services
ADA
What is displacement?
Tour package coupons
Who deals with the departure of the guests?
20. True
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Role of management
What is a guest folio?
Distribution of the reports is the final step in night audit process?
21. Actual rooms revenue divided by potential rooms revenue
What is yield statistoc?
How do you calculate the % of no shows?
What is a guaranteed reservation?
Who deals with the arrival of guests?
22. Concierge/bellstaff
Service recovery
Franchisor loading corporation
Who is the keys of gold?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
23. Coles Ordinary
Who is the keys of gold?
Tour package coupons
Franchisor loading corporation
What was the first Inn?
24. 6%? look up
What are the six steps in the Revenue Management Model?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Guest satisfaction
What are 'fences'?
25. Flat organization/ large number of employees reporting to one supervisor
What was the first Hotel?
What is booked mean?
What is a wide span of control?
Code of Hammurabi
26. 70% occupancy - each room category is occupied at 70%.
The difference between guest accounts and house accounts ?
Who deal with the pre arrival of the guests?
How do you calculate the % of no shows?
Ideal Room Rate
27. Room + 2 meals
Forcasted rooms revenue
Modified American Plan
Non-guaranteed reservation?
What is a guaranteed reservation?
28. Owns hotel brands and sells the right to use them
Franchisor
Ideal Room Rate
Reality
Market Segmentation
29. The retention of decision making authority by a high level manager
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 booked mean?
Float Losses
What is centralization?
30. Rooms department revenue divided by expected number of rooms sold
How to calculate average room rate?
Suite hotels
Mansio
Code of Hammurabi
31. Hotel gets money later - pays employee up-front
Float Losses
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Guest satisfaction
Owner/operator
32. More money in cash drawer than should be
Tour package coupons
Is there really such a thing as a six or seven star hotel?
What was the first Hotel?
Over
33. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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34. Reversal of problem; solving the problem and retaining the goodwill of the customer.
Why do hotels offer discounted rates?
Cut off date?
Role of management
Service recovery
35. When more money is paid out than comes in and the cashier uses his bank for the payment
Due bank
When are lodging analysts bullish on hotel stocks?
What was the first Inn?
Market segmentation
36. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
Who is the keys of gold?
What is a guaranteed reservation?
What is displacement?
Market segmentation
37. Expedia or Orbitz
What is a third-party distribution company?
10000 rooms revenue. Sold 95 rooms with 5 comps
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Confirmed reservation?
38. The separation between rich and poor
Dimensions of Service Quality
Caravanseri
Market Segmentation
When would you want to use a minimum LOS control?
39. 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 should be
Who deals with the departure of the guests?
Caravanseri
When are lodging analysts bullish on hotel stocks?
40. Cash according to accounts
Independent Management Company
What should be
Forbes 5 star
What is a guest ledger
41. Luxury - upper-upscale - upscale
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
What is a guest account?
What is rack rate?
Over or Short
42. Under 150 rooms
Cut off date?
How the hotel size that has the largest percentage
Owner/operator
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
43. # of room no shows divided by # of room reservations
How do you calculate the % of no shows?
Confirmed reservation?
WHat department is the heart of the hotel?
How the hotel size that has the largest percentage
44. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
Confirmed reservation?
European Plan
What is corporate rate?
What are the differences between a C-Corp. and a REIT?
45. If the bill is not paid - hotel cannot recover tip already paid out
Net Receipts
Non-collectible account
Short
What is posting?
46. Tall organization/ small number of employees report to a 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
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is a narrow span of control?
How do u calculate occupancy %?
47. Hotel has to pay fee to VISA or AMEx - but does not reduce tip
Merchant discount fee
What should be
Cut off date?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
48. A number of rooms set aside for a group
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 housekeeping status?
What is a block?
How do u calculate occupancy %?
49. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
Suite hotels
Ideal Room Rate
What is yield statistoc?
Paying off house vouchers
50. Room and meals are separate
Service recovery
Who deal with the pre arrival of the guests?
European Plan
Guest satisfaction