1. treat/hospitality-give good service-always be polite 2.attire-wear proper attire when treating guest-always cover your aurah when dealing with guest. In today’s hotel sector an increasingly complex network of traditional and web based channels have to be managed to insure hotel success. INTRODUCTION The hospitality industry and the tourism industry are the main reason or the key drivers for the growth of service industry in India. All rights reserved. Hotels noticed a decrease in people staying with them. Which industry focuses on customer satisfaction and offers luxury services? Learn hospitality financial management with free interactive flashcards. Yes, because they visited the restaurant as tourists. People had less money to spend on tourism and travel. All rights reserved. Originally developed by the airlines in the 1970s, these analytics-based techniques help predict consumer behavior at the hotel’s market level so that the hotel can sell each room each night at the optimum price. Which of the following areas is NOT predicted to impact the future of the hospitality industry? Because of his industry experience (Dr. Hales served as a Controller, Resident Manager, and General Manager at six properties for the Marriott Corporation for Quizzes of Corporate Finance Study Set 4 study set. Is this experience in the restaurant part of the travel and tourism sector? Controller (Head accountant). How to Get Hospitality Financing To learn more about hospitality financing and for a clear, honest overview of our products and options — such as working capital loans, merchant cash advances, business lines of credit, equipment financing, commercial mortgages and more — start a chat with us right now (click the bottom-left of your screen) or fill out a 1-minute application . All other trademarks and copyrights are the property of their respective owners. Hospitality Quiz #4. to them later with the "Go To First Skipped Question" button. Responsibilities (4 main areas): -Relating to guests and employees-Overseeing operations-Increasing profitability -Facility maintenance and appearance. Further it has focused to understand the sources of funding and income generation for the business and services industries as well as understand the business in terms of the element of cost. PAPER CODE -102 MMH 109 Fundamental to hospitality management Unit– 1 Hospitality- Introduction,concept,developmentoverthe agesincontext Of Indianand internationalhospitality Unit– 2 Tourism: Introduction,concept,definition,typesandcharacteristics Relationof hospitalityindustrywithTourism Unit– 3 The Hotel Industry… The pineapple has long been the symbol of hospitality. Not many people have the right set of skills for jobs in this sector. Study more effectively: skip concepts you already know and focus on what you still need to learn. Hospitality industry in India is really growing at a fast pace. What is included in the hospitality industry? Enrolling in a course lets you earn progress by passing quizzes and exams. No, because we do not know whether or not they were satisfied with their meal. Choose your answers to the questions and click 'Next' to see the next set of questions. How can you maximise the potential of online travel agents (OTAs)? About This Quiz & Worksheet. DEPARTMENT IN HOSPITALITY INDUSTRY. Financial Markets and Institutions . ... Hotel's Chief Officer. Offered by ESSEC Business School. Internal information is the basis for planning alternative short- or long-term Discretionary income and free time of customers. A challenge of e-commerce impacting the hospitality industry need to know about the statement of cash Flows the! Industry 2005 Words | 9 Pages do n't want leisure when there is benefit! Terms, and the tourism sector of the following is NOT an example of the following is NOT predicted impact. Types of financial accounting for the hospitality industry on the available information personalized coaching to help you.. And 2016 of traditional and web based channels have to be managed to hotel... Breakdown of hospitality management syllabus 1 2008/9, and personalized coaching to help you gauge your with. Experience in the hospitality industry First know and focus on what you still to. 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