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Chapter 1: The Role of Facilities in the Hospitality Industry

Authored by Thiên Kim Liêu

Education

University

Used 1+ times

Chapter 1: The Role of Facilities in the Hospitality Industry
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20 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What costs are included in Hospitality Facilities?

Initial costs

Operating costs

Renovation costs

All of the above

None of the above

2.

MULTIPLE CHOICE QUESTION

10 sec • 3 pts

What are the Initial costs?

Costs for operations

Costs for renovation & modernization

Costs for marketing

Costs for design, develop & construct the property

3.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What are the 2 elements that the construction is expected to return? 

Brand Name & Real estate appreciation

Real estate appreciation & Operating profit

Operating profit, Real estate appreciation & Brand Name 

None of them is correct

4.

MULTIPLE CHOICE QUESTION

10 sec • 3 pts

How many percentage of revenue does Operating costs account for in the Hotel Facilities?

2-5%

3-4%

7-9%

More than 10%

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

One large expenditure category in Renovation Costs is …

Construction costs

Utilities

Capital expenditures (CapEx)

Marketing and Branding

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The percentage of Renovation Costs is higher during the first couple of years after opening.

True

False

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

How many major areas is Facility Management involved in?

4

5

6

7

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