Exam 4: Forecasting Availability and Overbooking
Exam 1: The Traditional Hotel Industry46 Questions
Exam 2: The Modem Hotel Industry88 Questions
Exam 3: The Structure of the Hotel Industry80 Questions
Exam 4: Forecasting Availability and Overbooking47 Questions
Exam 5: Global Reservations Technologies48 Questions
Exam 6: Individual Reservations and Group Reservations45 Questions
Exam 7: Managing Guest Service82 Questions
Exam 8: Arrival, Registration, Assignments and Rooming72 Questions
Exam 9: Role of the Room Rate43 Questions
Exam 10: Billing and the Guest Folio78 Questions
Exam 11: Credit and the City Ledger69 Questions
Exam 12: Cash Transactions40 Questions
Exam 13: The Night Audit66 Questions
Exam 14: Hotel Technology63 Questions
Exam 15: Understanding Billing and Financial Operations in the Hospitality Industry374 Questions
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The perfect fill is defined as a hotel which reaches or exceeds 100% occupancy on a given night AND every room in the hotel is physically occupied by a guest(s).
(True/False)
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Room availability forecasts often allow for adjustments based upon historical data. In regard to these adjustments, which of the following is true?
(Multiple Choice)
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It is possible for a guest who sent-in an advance deposit to be walked to another hotel, despite the fact that the room had been paid for.
(True/False)
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In regards to a property's cancellation policy, which of the following is true?
(Multiple Choice)
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The number of nonguaranteed reservations in an adjusted room count calculation generally becomes a moot point for those calculations made after 6pm.
(True/False)
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All advance deposit reservations are considered guaranteed for the most part, but not all guaranteed reservations are advance deposit.
(True/False)
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Adjusted room counts are re-calculated several times thorough the day. This increases their overall accuracy.
(True/False)
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A room placed out-of-order is generally repairable within a relatively short time. A room placed out-of-inventory usually takes longer to repair.
(True/False)
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Room availability forecasts often allow for adjustments based upon historical data. In regard to these adjustments, which of the following is true?
(Multiple Choice)
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Understays and overstays, though opposite in definition, actually affect the number of rooms available for sale in the same manner; they each increase rooms available by the number of rooms understaying or overstaying.
(True/False)
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By their very nature, guaranteed reservations (including advance deposit reservations) have no time limit on them. Guaranteed reservation guests arriving as late as 2am (or even later) should still expect to find their room. After all, that is one of the key reasons for guaranteeing the reservation.
(True/False)
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The daily accuracy of reservation forecasts can be improved by making hourly adjustments, just as the monthly forecast can be improved by making weekly adjustments.
(True/False)
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Assume that a given property has 300 rooms. After accounting for the day's departures and arrivals, 100 rooms remain unsold. Of these 100 rooms available, 50 rooms cannot be sold because they are out-of-inventory. In this case, the forecasted occupancy percentage would be:
(Multiple Choice)
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A guest who remains a day beyond the originally scheduled departure date is a(an):
(Multiple Choice)
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A computerized reservation system tracks reservation counts by room type rather than by an actual room number (like "room number 2137").
(True/False)
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Regarding the "quality"of the reservation, rank the following from highest (best) quality tolowest worst) quality.1. 4pm or 6pm reservation2. Corporate or credit card guarantee3. Advance deposit reservationRank from highest ________ middlest ________ to lowest ________.
(Multiple Choice)
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A guest remaining in the hotel at least one day past his originally scheduled departure is known as a(n):
(Multiple Choice)
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Out-of-inventory rooms do not affect the room availability count, while out-of-order rooms do affect the room availability count.
(True/False)
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