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Hotel Operations Management
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Study First
Subject
:
hospitality
Instructions:
Answer 50 questions in 15 minutes.
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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. Coupons used by members of tour groups to pay for meals etc...
Tour package coupons
How do you calculate the % of no shows?
Taberna
Service recovery
2. Uniformed services/FD
Modified American Plan
Who deals with the arrival of guests?
Due bank
Is there really such a thing as a six or seven star hotel?
3. Very sensitive to price. Leisure travel market
What is elastic demand?
What is reservation status?
What is booked mean?
What is a guest ledger
4. Number of rooms occupied divided by number of rooms available
What is a narrow span of control?
How do u calculate occupancy %?
What is posting?
What was the first Inn?
5. Rooms actually reserved by group members
10000 rooms revenue. Sold 95 rooms with 5 comps
Caravanseri
What is booked mean?
What is rack rate?
6. A checking of accounts done every morning to verify accuracy of cash transactions and to prepare bank deposit for the day
What is wash (down)?
TShe income Audit
Top down or bottom up
Moments of truth
7. Rooms fill from bottom-up so we may need to construct that way - with greater availability of cheaper rooms
What is group rate?
What is a guest folio?
Top down or bottom up
How to calculate average room rate?
8. If the bill is not paid - hotel cannot recover tip already paid out
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
Non-collectible account
NON REIT Owner
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
9. Harder to get than 5 diamond
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Forbes 5 star
Mansio
ADA
10. 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?
Is there really such a thing as a six or seven star hotel?
Hotels are typically organized along functional lines. List three strengths of functional organizational design.
Who deals with the occupancy of the guest?
11. To sell every available room at the most profitable rate
Moments of truth
What is corporate rate?
What is the responsibility of the reservations?
Room assignment process
12. China and India
Mansio
Service recovery
Net Receipts
Where will the majority of the global growth take place
13. Expedia or Orbitz
Modified American Plan
Room assignment process
How to calculate average room rate?
What is a third-party distribution company?
14. Guest accounts are all charges and payments of guests - and house accounts are all charges and payment of non guests
What is the largest department?
Role of management
What was the first Inn?
The difference between guest accounts and house accounts ?
15. Less money in cash drawer than should be
When would you want to use a minimum LOS control?
What is a guest account?
Who deals with the occupancy of the guest?
Short
16. Cash according to accounts
What should be
What is corporate rate?
When are lodging analysts bullish on hotel stocks?
Who is the keys of gold?
17. Reservations
Extended stay hotels
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
When does the night audit begin?
Who deal with the pre arrival of the guests?
18. Negotiated based on number of rooms
What is group rate?
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
Independent Management Company
European Plan
19. A statement of all transactions that affect the balance of an account
When are lodging analysts bullish on hotel stocks?
Guest satisfaction
What is a guest folio?
Franchisor loading corporation
20. Focus is more for business clientele - airline passengers - airline personnel - and meeting attendants
What is reservation status?
Airport hotels
What is...
Independent Management Company
21. Hotel verifies that a guest has a reservation. can be guarnteed or no guaranteed
What is inelastic demand?
Independent Management Company
What is a guest ledger
Confirmed reservation?
22. Blocking fewer rooms than requested by the group based on past history
What is wash (down)?
Suite hotels and extended stay hotels
What is the American Plan?
Service recovery
23. Owns hotels affiliated with chain brands
What is yield statistoc?
Net Receipts
What is Room status discrepancy ?
Chain Management
24. Hotel holds room until 4 or 6
Modified American Plan
When does the night audit begin?
Non-guaranteed reservation?
Who deals with the occupancy of the guest?
25. Retained to manage a hotel on behalf of the owner
What is elastic demand?
Independent Management Company
What should be
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
26. 6%? look up
What do on going franchise fees (including marketing fees) typically cost a hotel in terms of percent of revenues?
Forcasted rooms revenue
Mansio
Confirmed reservation?
27. Turning away free independent traveler guests for lack of rooms due to group business
Moments of truth
What is displacement?
What is the most used operating ratio?
What is a block?
28. Date when group blocked rooms return to hotel room inventory
What is displacement?
Cut off date?
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?
Mansio
29. Reality > expectations 'thrilled'
Where will the majority of the global growth take place
Guest satisfaction
Who deals with the arrival of guests?
Reality
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 is elastic demand?
The hotel classifications that make up 7% of all hotels but make 36% of all hotel revenue
Short
31. Blocking/pre-assigning rooms
What is a guaranteed reservation?
What is a guest account?
Room assignment process
Net Receipts
32. City Hotel - NY city
What is...
Non-guaranteed reservation?
What was the first Hotel?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
33. Hotel holds room for guest credit card - advanced deposit. Billed even if they do not use the room
What is a guaranteed reservation?
WHat department is the heart of the hotel?
What is the responsibility of the reservations?
What is corporate rate?
34. 'end of day'
Code of Hammurabi
Due bank
Who deal with the pre arrival of the guests?
When does the night audit begin?
35. True
Tour package coupons
How the hotel size that has the largest percentage
Distribution of the reports is the final step in night audit process?
ADA
36. 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 %?
European Plan
What is a block?
Non-guaranteed reservation?
37. The process of recording transactions onto a folio
What is posting?
What is elastic demand?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is decentralization?
38. Huge capital investment needed. Time to wait on zoning and construction.
Airport hotels
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What makes hotel franchising different from other types of franchises? Think about the difference between a quick-service restaurant and a full-service hotel.
Chain Management
39. Actual rooms revenue divided by potential rooms revenue
Who deal with the pre arrival of the guests?
What is posting?
What is yield statistoc?
A hotel sold 95 rooms with 5 compted rooms. It is a 150 room hotel with 25 out of order. What is the occupancy %?
40. The second largest employer in US - 1 OF EVERY 14 AMERICANS EMPLOYED IN TOURISM - MAKES $20000 A SECOND
Tourism
What is yield statistoc?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
What is...
41. Reversal of problem; solving the problem and retaining the goodwill of the customer.
Moments of truth
What is the American Plan?
Service recovery
Paying off the due bank
42. Flat organization/ large number of employees reporting to one supervisor
Caravanseri
What is...
What is a wide span of control?
What are the differences between a C-Corp. and a REIT?
43. Hotels need to satisfy as many guests as possible and maximize revenues from existing demand
Who deal with the pre arrival of the guests?
What is housekeeping status?
Why do hotels offer discounted rates?
Why might a hotel owner want to purchase a hotel franchise? What are the advantages of being a franchisee?
44. C corp - legal - taxable entity - REIT - exempt from corporate tax as long as they comply with certain guidelines
What are the differences between a C-Corp. and a REIT?
Who is the keys of gold?
What are the six steps in the Revenue Management Model?
Suite hotels
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. The accounting departments buys out the house petty cash vouchers with real cash - so that cash drawer is accurate
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
What is posting?
Mansio
Paying off house vouchers
47. Actual cash in dollars and cents in the cash drawer
Why do hotels offer discounted rates?
What is...
When are lodging analysts bullish on hotel stocks?
What are the differences between a C-Corp. and a REIT?
48. Rooms department revenue divided by expected number of rooms sold
What is the American Plan?
What is a guest folio?
What is a wide span of control?
How to calculate average room rate?
49. Rooms revenue divided by number of rooms sold
How do u calculate occupancy %?
Service recovery
What is the average daily rate?
What is wash (down)?
50. Not sensitive to price. Business travel market
What is a block?
The lodging industry has several unique characteristics which make it ideal for utilizing yield management. Name at least four of the characteristics.
ADA
What is inelastic demand?
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