Hotel Industry Key Performance Indicators Flashcard

Hotel Industry Key Performance Indicators Flashcard

Assessment

Flashcard

Other

University

Hard

Created by

NOR (KKLK)

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15 questions

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1.

FLASHCARD QUESTION

Front

KPI

Back

Key Performance Indicator

2.

FLASHCARD QUESTION

Front

What is the formula for calculating occupancy rate?

Back

Number of occupied rooms / Total number of available rooms

3.

FLASHCARD QUESTION

Front

Which of the following is NOT a KPI mentioned in the text?

Revenue Per Available Room (REVPAR)

,

Average Room Rate (ARR)

,

Occupancy Rate

,

Customer Satisfaction Index (CSI)

Back

Customer Satisfaction Index (CSI)

4.

FLASHCARD QUESTION

Front

What does REVPAR measure?

Back

Revenue generated by occupied rooms

5.

FLASHCARD QUESTION

Front

If a hotel has 100 rooms and 60 are occupied, what is the occupancy rate?

Back

60%

6.

FLASHCARD QUESTION

Front

What is the purpose of using KPIs in organizations?

Back

To assess how effectively a company is achieving business objectives

7.

FLASHCARD QUESTION

Front

What is the average room rate (ARR) used for?

Back

To calculate the average rate per available room over time

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