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CHIA EXAM QUESTIONS AND CORRECT ANSWERS

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CHIA EXAM QUESTIONS AND CORRECT ANSWERS

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non-metro markets (rural areas).


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70




Percent Change -


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year-over-year difference




Franchise

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hotel is a chain hotel run by a third party where the chain receives some
sort of franchise fee.




Running 28-day =


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last 28 days including the current day, same advantage as above




There are_______metro markets (cities)


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93




What statement is true about a Multi-Segment tab of a Destination Report?


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, You can select several industry segments and their data will appear

You can select "comparable markets" to track the performance of other
cities that you feel you compete with


The tab will display numbers for two different time periods, such as Current
Month and YTD




There are ________countries with no properties in the STR Hotel Census database


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nine




In less populated states, the whole state


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may be a market




When you receive your STAR report, you see that your RevPAR index was 90 this year
compared to 80 last year. What do you know for sure?


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Your hotel will have a positive RevPAR Index Percent Change

, Outside of North America,


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the term "Submarket" is used instead of Tract.




Trend Report: 6 - Twelve Month Moving Average with Percent Changes


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This page displays the twelve month moving average data for each
different metric in separate columns. After the values there is an additional
column for the percent change.

There is a row for each month in the date range.

This is probably the most useful page in the Trend Report. The twelve
month data is the best data to analyze since it removes seasonality. The
rows allow you to see the metrics change each month.
The format makes it very easy to graph metrics (all 12) to see historical
trends over time.




Class is used globally, but is especially popular outside of


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North America where there are more independent hotels.

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