1. Which two non-geographic categories are the most important for a hotel GM? a)
ID: 356883 • Letter: 1
Question
1. Which two non-geographic categories are the most important for a hotel GM?
a) Scale and Class
b) Scale and Location
c) Location and Type
d) Class and Type
2. The STR glossary of terms defines a “property”, that is, a hotel, on the basis of three exclusionary criteria. Which of the following is NOT one of these criteria?
a) 10 or more rooms
b) Open to the public
c) Generate nightly revenue
d) Air-conditioning
3. Which two of the following should be excluded from Rooms demand by a hotel that participates in providing STR benchmark data?
a) Rooms occupied without charge in connection with a promotion or contract
b) Complimentary rooms
c) Rooms used by third parties for employment interviews
d) No shows
4. The definitions for Supply, Demand and Revenue used by STR and others in the hotel industry are taken from what source?
a) Lodging Industry Accounting Fundamentals
b) Generally Accepted Accounting Principles
c) Uniform System of Accounts for the Lodging Industry
d) Hospitality Management Accounting
5. Which of the following is not a performance metric used by hotel managers?
a) TRevPAR
b) NetRevPAR
c) EBITDA
d) GOPPAR
e) None of them
Explanation / Answer
Ans-1) Two non-geographic categories that are the most important for a hotel GM are Scale & Class.
Ans- 2) The STR glossary of terms defines a “property”, that is, a hotel, on the basis of three exclusionary criteria in which Air-conditioning isn't the criteria.
Ans-4) The definitions for Supply, Demand and Revenue used by STR and others in the hotel industry are taken from Uniform System of Accounts for the Lodging Industry.
Ans-5) EBITDA is not a performance metric used by hotel managers.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.