HFT 2254 FINAL EXAM || A+ SCORE SECURED.
Which group would be classified as "leisure travelers"?
a) An airline crew renting rooms near an airport prior to their next flight
b) A salesperson attending a business meeting
c) A family on vacation
d) A meeting attendee correct answers c) a family on vacation
What is most likely to happen when many travelers want to visit and stay in an area?
a) Very few hotel rooms will be built in that area.
b) The prices of goods and services desired by the travelers will decrease.
c) Room rates and the number of operating hotel properties will increase.
d) Room rates and the number of operating hotel properties will decrease. correct answers c)
Room rates and the number of operating hotel properties will increase.
What is the lodging industry term for an organization that provides travel booking services on the
Internet?
a) OTA
b) ADR
c) GOP
d) RevPAR correct answers a) OTA
In the small town of Someko, Michigan there are 5 hotels with a combined total of 650 sleeping
rooms. During the month of June an average of 400 of those 650 rooms were sold each day,
generating $29,200 in room sales. What was the Average Daily Rate (ADR) of the town of
Someko for the month of June?
,a) $66.00
b) $224.61
c) $73.00
d) $44.92 correct answers c) $73.00
In which type of booking model are room rates not seen by guests until after they have
successfully "bid" for a room?
a) Opaque rate model
b) Traditional direct-to-guest model
c) Merchant model
d) Global distribution model correct answers a) opaque rate model
What would be the occupancy rate for a hotel that has 200 rooms on a day in January in which it
sold 100 rooms and received total rooms revenue of $17,000?
a) 50%
b) 200%
c) 17%
d) $170.00 correct answers a) 50%
Which of the following is the formula hoteliers use to calculate RevPAR?
a) Total rooms revenue × Occupancy Rate = RevPAR
b) Total rooms available × Occupancy Rate = RevPAR
c) ADR × Occupancy Rate = RevPAR
, d) Total rooms sold × Occupancy Rate = RevPAR correct answers c) ADR x Occupancy Rate =
RevPAR
What is the travel industry term used to describe a group of travel services, such as hotel rooms,
meals, and airfare, sold for one price?
a) Special
b) Bundle
c) Package
d) Tour correct answers c) package
What is the name of the computer system connecting travel professionals worldwide for the
purpose of reserving hotel rooms and other travel services for their clients?
a) RevPAR
b) GDS
c) GOP
d) ADR correct answers b) GDS
What is true about an investor in a hotel?
a) The investor must be an individual.
b) The investor must manage the hotel.
c) The investor seeks a return on their investment.
d) The investor must be a corporation. correct answers c) The investor seeks a return on their
investment.
What is true about first-tier management companies?
Which group would be classified as "leisure travelers"?
a) An airline crew renting rooms near an airport prior to their next flight
b) A salesperson attending a business meeting
c) A family on vacation
d) A meeting attendee correct answers c) a family on vacation
What is most likely to happen when many travelers want to visit and stay in an area?
a) Very few hotel rooms will be built in that area.
b) The prices of goods and services desired by the travelers will decrease.
c) Room rates and the number of operating hotel properties will increase.
d) Room rates and the number of operating hotel properties will decrease. correct answers c)
Room rates and the number of operating hotel properties will increase.
What is the lodging industry term for an organization that provides travel booking services on the
Internet?
a) OTA
b) ADR
c) GOP
d) RevPAR correct answers a) OTA
In the small town of Someko, Michigan there are 5 hotels with a combined total of 650 sleeping
rooms. During the month of June an average of 400 of those 650 rooms were sold each day,
generating $29,200 in room sales. What was the Average Daily Rate (ADR) of the town of
Someko for the month of June?
,a) $66.00
b) $224.61
c) $73.00
d) $44.92 correct answers c) $73.00
In which type of booking model are room rates not seen by guests until after they have
successfully "bid" for a room?
a) Opaque rate model
b) Traditional direct-to-guest model
c) Merchant model
d) Global distribution model correct answers a) opaque rate model
What would be the occupancy rate for a hotel that has 200 rooms on a day in January in which it
sold 100 rooms and received total rooms revenue of $17,000?
a) 50%
b) 200%
c) 17%
d) $170.00 correct answers a) 50%
Which of the following is the formula hoteliers use to calculate RevPAR?
a) Total rooms revenue × Occupancy Rate = RevPAR
b) Total rooms available × Occupancy Rate = RevPAR
c) ADR × Occupancy Rate = RevPAR
, d) Total rooms sold × Occupancy Rate = RevPAR correct answers c) ADR x Occupancy Rate =
RevPAR
What is the travel industry term used to describe a group of travel services, such as hotel rooms,
meals, and airfare, sold for one price?
a) Special
b) Bundle
c) Package
d) Tour correct answers c) package
What is the name of the computer system connecting travel professionals worldwide for the
purpose of reserving hotel rooms and other travel services for their clients?
a) RevPAR
b) GDS
c) GOP
d) ADR correct answers b) GDS
What is true about an investor in a hotel?
a) The investor must be an individual.
b) The investor must manage the hotel.
c) The investor seeks a return on their investment.
d) The investor must be a corporation. correct answers c) The investor seeks a return on their
investment.
What is true about first-tier management companies?
