The 600 room Flagstaff Hotel recorded 38,000 in revenue with 442 room sold last night. Calculate the following:
Occupancy
Average Room Rate
REVPAR
What will be an ideal response?
The benefits of franchising include all of the following EXCEPT:
A) high fee percentages charged by credit card companies
B) set of plans and specifications for building
C) participating in the volume purchasing discounts
D) national advertising
In the hospitality industry, perishability means:
A) it is intangible
B) an unsold airline seat, hotel room, or empty restaurant table
C) it cannot be measured
D) unused food that has spoiled
Voluntary recreation includes
A) churches
B) armed forces
C) athletic clubs
D) YMCA/YWCA, boy and girl scouts
E) commercial health clubs
The lack of operational power, high fees, low percentage of reservations from the central reservation system are all ________ of franchising.
A) drawbacks B) trends C) benefits D) bonuses
What are the three measures of business success?
What will be an ideal response?
Which of the following is not part of the hospitality umbrella:
A) recreation B) trucking C) lodging D) travel
Voluntary organizations, armed forces, and employee recreation fall under
A) for-profit organizations B) commercial recreation
C) private club recreation D) noncommercial recreation
Draw the Organization Chart for a Full Service Hotel including at at least three levels including the position title.
What will be an ideal response?
Write the formulas for the following:
Average Room Rate
Occupancy
Profit
REVPAR
Working Capital