CHIA property level benchmarking-Exam Questions with correct Answers

CHIA property level benchmarking-Exam Questions with correct Answers d. North America hotels will see industry data for Market, Market Class, Tract and Tract Scale. - Answer ️️ -Which statement is true regarding the industry data that a hotel may see on a STAR report? a. North America hotels will see data for only a single industry segment. b. North America and Non-North America hotels see the same exact pages on the STR Report related to industry data. c. Non-North America hotels will not see any industry segment data. d. North America hotels will see industry data for Market, Market Class, Tract and Tract Scale. c. The most common example of Contract Rooms and Revenue is airline crew business. - Answer ️️ -Which one of the following is an accurate statement regarding Segmentation and Additional Revenue data on the STAR Reports? a. Very few Luxury and Upper Upscale chain hotels submit Segmentation and/or Additional Revenue data. b. Group Rooms and Revenue are defined as business sold in blocks of 50 rooms or more. c. The most common example of Contract Rooms and Revenue is airline crew business. d. Additional Revenue categories include "F&B", "Rentals", and "Other" in addition to Room Revenue