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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. An organization member has the right to make a decision without obtaining approval from a higher level manager.
What is decentralization?
Why do hotels offer discounted rates?
Franchisor
Net Receipts
2. Owns hotels affiliated with chain brands
NON REIT Owner
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Chain Management
European Plan
3. Reality < expectations dissatisfied
Suite hotels and extended stay hotels
What is the most used operating ratio?
When are lodging analysts bullish on hotel stocks?
Guest expectations
4. Housekeeping
Franchisor
What is Room status discrepancy ?
What is the largest department?
Franchisor loading corporation
5. The bank has to be re-built to the stipulated amount by giving cash back to the cashier
Forbes 5 star
What should be
Paying off the due bank
Who deals with the arrival of guests?
6. Cashier (FD)/ uniformed services
What is the average daily rate?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Over
Who deals with the departure of the guests?
7. Chain Management - Independent Management Company - Owner/Operator and Non- REIT owner.
Franchisor loading corporation
10000 rooms revenue. Sold 95 rooms with 5 comps
NON REIT Owner
What is rack rate?
8. Occupancy %
What is a guest folio?
What are 'fences'?
What is the most used operating ratio?
What is inelastic demand?
9. The first place where a lot of people could stay overnight and keep all their animals etc
Caravanseri
Give an example of a fence used in the hotel industry
Who deal with the pre arrival of the guests?
What is a guaranteed reservation?
10. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
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
Suite hotels and extended stay hotels
Suite hotels
What is the responsibility of the reservations?
11. China and India
Where will the majority of the global growth take place
What is the American Plan?
Paying off the due bank
Discuss a weakness of functional organizational design.
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?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is displacement?
What is inelastic demand?
13. Means to expand quickly with little capital -collect franchise fees
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Modified American Plan
10000 rooms revenue. Sold 95 rooms with 5 comps
How to calculate average room rate?
14. Room + 2 meals
Where will the majority of the global growth take place
Modified American Plan
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
What is decentralization?
15. Concierge/bellstaff
Who is the keys of gold?
Dimensions of Service Quality
What is the average daily rate?
Tourism
16. Separation between classes of hotels - luxury - mid-scale - economy
Market segmentation
Due bank
Franchisor loading corporation
What was the first Inn?
17. 6%? look up
What are 'fences'?
What is the average daily rate?
Franchisor
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
18. 1990; accomodate guests and employees with disabilities
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
ADA
Merchant discount fee
Short
19. Travelers who intend to stay five days or longer and required reduced hotel services
ADA
Extended stay hotels
What was the first Hotel?
What is Room status discrepancy ?
20. 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
Distribution of the reports is the final step in night audit process?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is the American Plan?
TShe income Audit
21. Reversal of problem; solving the problem and retaining the goodwill of the customer.
Service recovery
Airport hotels
European Plan
What are 'fences'?
22. Coles Ordinary
What is rack rate?
Room assignment process
What was the first Inn?
Owner/operator
23. Rooms department revenue divided by expected number of rooms sold
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
How to calculate average room rate?
The difference between guest accounts and house accounts ?
Franchisor
24. Blocking fewer rooms than requested by the group based on past history
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
Short
What is wash (down)?
What is decentralization?
25. Rooms available X occupancy percentage X Average daily rate
What is elastic demand?
What is decentralization?
Forcasted rooms revenue
Airport hotels
26. Difference between 'What should be' and 'what is'
Confirmed reservation?
Non-collectible account
Over or Short
What is centralization?
27. 70% occupancy - each room category is occupied at 70%.
The difference between guest accounts and house accounts ?
TShe income Audit
Ideal Room Rate
What is elastic demand?
28. The difference between money taken in and paid out
Net Receipts
Tourism
What is yield statistoc?
Market Segmentation
29. Determines a rooms short term availability
What is the average daily rate?
Suite hotels
What is housekeeping status?
What is a guest folio?
30. The first american hotels differed from European hotels by charging a fixed fee (1$ per day) for food and lodging
What is the American Plan?
What should be
Who deal with the pre arrival of the guests?
What is a guest ledger
31. Encourages department performance instead of the main goal which is overall hotel performance
Discuss a weakness of functional organizational design.
Extended stay hotels
What is housekeeping status?
What is rack rate?
32. Not sensitive to price. Business travel market
Code of Hammurabi
Who is the keys of gold?
What is Room status discrepancy ?
What is inelastic demand?
33. Logical rational rules designed to allow customers to segment themselves into appropriate rate categories
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34. Blocking/pre-assigning rooms
Room assignment process
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Who deal with the pre arrival of the guests?
WHat department is the heart of the hotel?
35. 'end of day'
Tour package coupons
What is...
When does the night audit begin?
Airport hotels
36. The retention of decision making authority by a high level manager
What is yield statistoc?
Forbes 5 star
What is centralization?
NON REIT Owner
37. Very sensitive to price. Leisure travel market
What is elastic demand?
What is displacement?
What is a narrow span of control?
Who deals with the departure of the guests?
38. Luxury - upper-upscale - upscale
Give an example of a fence used in the hotel industry
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
When does the night audit begin?
10000 rooms revenue. Sold 95 rooms with 5 comps
39. Reservations and non refundable purchases for price sensitive guests versus opposite
What are 'fences'?
Caravanseri
Why do hotels offer discounted rates?
Give an example of a fence used in the hotel industry
40. If the bill is not paid - hotel cannot recover tip already paid out
Non-collectible account
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 Room status discrepancy ?
Tourism
41. Under 150 rooms
Distribution of the reports is the final step in night audit process?
How the hotel size that has the largest percentage
What is the American Plan?
Owner/operator
42. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
What is a guaranteed reservation?
What is Room status discrepancy ?
Service recovery
NON REIT Owner
43. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Why do hotels offer discounted rates?
What is the average daily rate?
Float Losses
Cut off date?
44. # of room no shows divided by # of room reservations
Who deals with the departure of the guests?
How do you calculate the % of no shows?
What is yield statistoc?
Moments of truth
45. 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
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46. Negotiated based on number of rooms
What is centralization?
What is group rate?
WHat department is the heart of the hotel?
NON REIT Owner
47. 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 centralization?
Airport hotels
Where will the majority of the global growth take place
48. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Net Receipts
Who deals with the occupancy of the guest?
49. Rooms actually reserved by group members
Chain Management
What is booked mean?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
Net Receipts
50. Housekeeping status differs from front desk status
What is corporate rate?
NON REIT Owner
What is a wide span of control?
What is Room status discrepancy ?
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