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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. Less money in cash drawer than should be
Discuss a weakness of functional organizational design.
Short
Float Losses
Reality
2. Flat organization/ large number of employees reporting to one supervisor
How the hotel size that has the largest percentage
What is a wide span of control?
What is the average daily rate?
Over
3. Tangibles - reliability - responsiveness - assurance and empathy
Dimensions of Service Quality
What is posting?
What is yield statistoc?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
4. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
Who deals with the departure of the guests?
Due bank
Discuss a weakness of functional organizational design.
What are the differences between a C-Corp. and a REIT?
5. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
Is there really such a thing as a six or seven star hotel?
Net Receipts
How the hotel size that has the largest percentage
6. Travelers who intend to stay five days or longer and required reduced hotel services
Extended stay hotels
Given the high barriers to entry in some of the major lodging markets - increased revenues at the hotel level can only be derived from taking market share. What are the necessary 'tools' for attracting business from competitors?
What is housekeeping status?
What completes the registration process?
7. A collection of all transactions incurred by a guest.
Room assignment process
What is a guest account?
Confirmed reservation?
Discuss a weakness of functional organizational design.
8. More money in cash drawer than should be
Non-guaranteed reservation?
What is group rate?
Over
Caravanseri
9. FD/PBX
Over
What is wash (down)?
How do you calculate the % of no shows?
Who deals with the occupancy of the guest?
10. Occupancy %
Ideal Room Rate
What is the most used operating ratio?
Caravanseri
Discuss a weakness of functional organizational design.
11. Separation between classes of hotels - luxury - mid-scale - economy
Suite hotels
What is elastic demand?
Market segmentation
What are the differences between a C-Corp. and a REIT?
12. Reservations
Who deal with the pre arrival of the guests?
What is...
Create a process map for a transient business guest who arrives at the city airport - requires shuttle service - and checks into the hotel using the help of a bellman. This is the 'Business Guest Arrival and Check-in Process.' Indicate all functional
What is inelastic demand?
13. 10000 divided by 95 + 5=10000 divided by 100=100$
10000 rooms revenue. Sold 95 rooms with 5 comps
How do u calculate occupancy %?
What is the largest department?
What is a guaranteed reservation?
14. Date when group blocked rooms return to hotel room inventory
Who deals with the departure of the guests?
Moments of truth
Cut off date?
What is a block?
15. Set of registered hotel guest accounts
What is a guest ledger
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Due bank
What was the first Inn?
16. The first place where a lot of people could stay overnight and keep all their animals etc
What is corporate rate?
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Caravanseri
Franchisor loading corporation
17. Hotel verifies that a guest has a reservation. can be guarnteed or no guaranteed
Reality
Confirmed reservation?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Extended stay hotels
18. Actual cash in dollars and cents in the cash drawer
What is...
Tour package coupons
Tourism
Role of management
19. Reversal of problem; solving the problem and retaining the goodwill of the customer.
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Service recovery
WHat department is the heart of the hotel?
Give an example of a fence used in the hotel industry
20. Negotiated based on number of rooms
Paying off house vouchers
What is elastic demand?
What is reservation status?
What is group rate?
21. Luxury - upper-upscale - upscale
Over or Short
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
When are lodging analysts bullish on hotel stocks?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
22. The retention of decision making authority by a high level manager
Who is the keys of gold?
Short
Tour package coupons
What is centralization?
23. Where the poorer people stayed when traveling in the Roman Empire
Taberna
Give an example of a fence used in the hotel industry
How do you calculate the % of no shows?
Merchant discount fee
24. Reality > expectations 'thrilled'
Discuss a weakness of functional organizational design.
Net Receipts
What is the American Plan?
Reality
25. Owns hotel brands and sells the right to use them
Who deal with the pre arrival of the guests?
What is elastic demand?
Franchisor
What is a guest ledger
26. Determines a rooms long term availability
What are the differences between a C-Corp. and a REIT?
How do you calculate the % of no shows?
Over
What is reservation status?
27. Harder to get than 5 diamond
European Plan
Forcasted rooms revenue
When would you want to use a minimum LOS control?
Forbes 5 star
28. Determines a rooms short term availability
10000 rooms revenue. Sold 95 rooms with 5 comps
WHat department is the heart of the hotel?
What is housekeeping status?
Over or Short
29. 1. Solid brands 2. Strong frequent guest program backed by excellent service and high product quality
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30. 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
What is the responsibility of the reservations?
Is there really such a thing as a six or seven star hotel?
Service recovery
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
31. Appeal to both business and leisure travelers
Suite hotels and extended stay hotels
Guest expectations
What is the American Plan?
What should be
32. When they want to check in on a 'head night' and break up what is otherwise a potential consecutive day booking
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
When would you want to use a minimum LOS control?
What is yield statistoc?
What is a wide span of control?
33. Issuing the room key
Give an example of a fence used in the hotel industry
What completes the registration process?
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
How do u calculate occupancy %?
34. Expedia or Orbitz
Market segmentation
What is a third-party distribution company?
Owner/operator
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
35. Rooms revenue divided by number of rooms sold
What is the average daily rate?
When are lodging analysts bullish on hotel stocks?
Code of Hammurabi
What is displacement?
36. # of room no shows divided by # of room reservations
How do you calculate the % of no shows?
What is a guest ledger
What is decentralization?
Who deals with the occupancy of the guest?
37. 1990; accomodate guests and employees with disabilities
What was the first Inn?
How do u calculate occupancy %?
Merchant discount fee
ADA
38. 1. analyze the market 2. segment your customers 3. create different products for customers 4. forecast demand by segment 5. determine the optimal customer mix 6. use restrictions to maximize revenues
What are the six steps in the Revenue Management Model?
How do you calculate the % of no shows?
What was the first Hotel?
How the hotel size that has the largest percentage
39. If the bill is not paid - hotel cannot recover tip already paid out
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
Non-collectible account
How do you calculate the % of no shows?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
40. Rooms available X occupancy percentage X Average daily rate
The difference between guest accounts and house accounts ?
What is group rate?
Forcasted rooms revenue
Discuss a weakness of functional organizational design.
41. 'end of day'
Room assignment process
10000 rooms revenue. Sold 95 rooms with 5 comps
What is rack rate?
When does the night audit begin?
42. Frequent travelers - vacationing families - professionals( accountants - lawyers - and executives)
Suite hotels
Airport hotels
Extended stay hotels
What is the largest department?
43. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
How do you calculate the % of no shows?
Moments of truth
Tourism
The difference between guest accounts and house accounts ?
44. Cashier (FD)/ uniformed services
When would you want to use a minimum LOS control?
What is yield statistoc?
What is a third-party distribution company?
Who deals with the departure of the guests?
45. Not sensitive to price. Business travel market
What is the average daily rate?
What is inelastic demand?
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 %?
46. 70% occupancy - each room category is occupied at 70%.
European Plan
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Ideal Room Rate
When would you want to use a minimum LOS control?
47. They are bullish because there is a near-zero amount of new hotel supply - Loans are difficult to get - Extremely limited new build activity
How do u calculate occupancy %?
Give an example of a fence used in the hotel industry
When are lodging analysts bullish on hotel stocks?
What is a guest folio?
48. No difference - just sounds nicer
What is the difference between an employee and an associate?
What completes the registration process?
Distribution of the reports is the final step in night audit process?
What are 'fences'?
49. Owns hotels affiliated with chain brands
Non-guaranteed reservation?
What is a guest account?
Caravanseri
Chain Management
50. A number of rooms set aside for a group
What is a third-party distribution company?
What is a block?
Where will the majority of the global growth take place
What is...