STR Exam |Study Questions with 100% Correct
Answers
The line graph at the top of the Comp Set Report in a monthly star report shows what?
a. actual values of occupancy, ADR and RevPAR of the subject hotel and the comp set
b. Actual percent changes for Occ, ADR, RevPAR of the subject hotel and the comp set
c. Index values for Occ, ADR, RevPAR
d. Index percent change values for Occ, ADR, and RevPAR - ✔️✔️c. Index values for Occ, ADR,
RevPAR
Which is an accurate statement regarding the Day of Week and Weekday/Weekend tab in the
Monthly STAR report?
a. it shows all the KPIs for all four time periods for the property and the comp set
b.it shows data by every day of the week, as well as a weekday and weekend subtotal
c. It is a very valuable tab and can be used to find areas of improvement
d. all of the above - ✔️✔️d. all of the above
The "Weekly Performance At a Glance" tab on the Weekly STAR report displays what info?
a. Detail daily data for every day of the prior week
b. A weekly total
c. Running 28 day data
d. All of the above - ✔️✔️d. all of the above
The "Perspectives" tabs of the weekly STAR report show what info?
a. A recap of daily data performance for the last 28 days
b. 12 weeks of weekly data
c. Subtotals for the KPIs for the current week, running 28 das, running month-to-date, and
running year-to-date
d. Monthly performance numbers for the last 3 months - ✔️✔️a. A recap of daily data performance
for the last 28 days
The "Daily Data for the Month" tab on the Weekly STAR report displays what info?
a. Provides a running MTD total based upon daily data
b. Shows KPIs for the subject property and the comp set for each day of the prior month
c. Displays graphs of index values for every day of the current month
d. all of the above are displayed on this report - ✔️✔️d. All of the above are displayed on this
report
Which of the following is a rule related to requesting Trend Report(s)?
a. You must select 4 or more participating hotels
b. A single hotel may account for a max of 40 percent of the participating room supply
c. If you request multiple Trend reports, the hotels you have selected must differ by more than
one participating hotel on subsequent Trend request
,d. All of the above are rules related to requesting a Trend report - ✔️✔️d. All of the above are
rules to requesting a Trend Report
Which is NOT a valid type of data that you can request to include on a Trend Report, in addition
to monthly data?
a. Daily data
b. Weekly data
c. 12-month moving average data
d. Segmentation data - ✔️✔️b. Weekly data
Several tabs in the Trend Report display columns with Census Props and Rooms and STAR
participation. Which is an accurate statement about this data?
a. The data in these columns will not change over time
b. These columns cannot help determine if there is a "consistent sample" for the Trend Report
c. These columns show the total number of hotels and rooms for the selected group of hotels, as
well as the percent of those rooms that submit performance data to STR
d. All of the statements are accurate - ✔️✔️c. These columns show the total number of hotels and
rooms for the selected group of hotels, as well as the percent of those rooms that submit
performance data to STR
Aggregating means:
a. finding averages from several sets of individual data
b. Temporarily removing a property from a comp set
c. Changing a comp set
d. Isolating a single property's data - ✔️✔️a. Finding averages from several sets of individual data
A HOST or Profitability report displays what type of info?
a. Profit and Loss, including revenue, expenses, and profits accounts
b. Balance Sheet (assets) info
c. Monthly Performance (Occ, ADR, RevPAR) data
d. All of the above - ✔️✔️A. Profit and Loss, including revenue, expenses, and profit accounts
The HOST report displays data based on what time period? - ✔️✔️Annual
A HOST or profitability report display data for how many years? - ✔️✔️One
What is the ideal segmentation strategy for a property?
a. Different for each property and depends on the efficiency of each segment's ADR and demand
levels
b. Have even demand segments within the property
c. Use the same strategy for each segment
d. All of the above - ✔️✔️a. different for each property and depends on the efficiency of each
segments ADR and the demand levels
, Why is it important to compare daily data on monthly STAR reports with daily data from weekly
STAR reports?
a. Monthly STAR report data undergoes stringent data cleansing processes that check for
abnormalities; daily data in weekly and daily STAR reports does not
b. It is important to compare, because daily data on monthly STAR reports shows much more
data and gets more granular than daily data on daily and weekly STAR reports
c. Daily data on daily, weekly and monthly STAR reports should always match-up exactly the
same. If there are differences, then there are problems with your STAR report
d. all of the above - ✔️✔️a. Monthly STAR report data undergoes stringent data cleansing
processes that check for abnormalities; daily data in weekly and daily STAR reports does not
The HOST report show what kind of data? - ✔️✔️Profit and Loss
Which is a true statement about parent companies?
a. Parent companies and the related chains have changed over time
b. Parent companies must consist of no more than 5 chains
c. Parent companies can only consist of chains in a single scale
d. Parent companies can only have hotels in a single country - ✔️✔️a. Parent companies and the
related chains have changed over time
What are the three different operation types? - ✔️✔️Corporate, Franchise, Independent
What is a true statement about independent hotels?
a. Independent hotels are not affiliated with a specific chain
b. Chain hotels outnumber independent hotels in every country of the world
c. Independent hotels are mostly luxury class hotels in Urban Locations with more than 150
rooms
d. Independent hotels may never be managed by an outside entity - ✔️✔️a. Independent hotels are
not affiliated with a specific chain
Which is a true statement regarding geographic categorization?
a. STR geographic categories are limited to North America
b. STR uses the UNWTO definitions when it comes to recognizing countries
c. General managers of hotels do not need o know geographic categories
d. There is another name for Markets outside the U.S. - ✔️✔️c. General managers of hotels do not
need to know geographic categories
Which is a true statement regarding markets?
a. Markets include hotels that are in big cities, not rural areas
b. A country would never have more than 100 markets and never has less than 2 markets
c. No market will ever cross country boundaries
d. There is another name for Markets outside the U.S. - ✔️✔️c. No market will ever cross country
boundaries
Answers
The line graph at the top of the Comp Set Report in a monthly star report shows what?
a. actual values of occupancy, ADR and RevPAR of the subject hotel and the comp set
b. Actual percent changes for Occ, ADR, RevPAR of the subject hotel and the comp set
c. Index values for Occ, ADR, RevPAR
d. Index percent change values for Occ, ADR, and RevPAR - ✔️✔️c. Index values for Occ, ADR,
RevPAR
Which is an accurate statement regarding the Day of Week and Weekday/Weekend tab in the
Monthly STAR report?
a. it shows all the KPIs for all four time periods for the property and the comp set
b.it shows data by every day of the week, as well as a weekday and weekend subtotal
c. It is a very valuable tab and can be used to find areas of improvement
d. all of the above - ✔️✔️d. all of the above
The "Weekly Performance At a Glance" tab on the Weekly STAR report displays what info?
a. Detail daily data for every day of the prior week
b. A weekly total
c. Running 28 day data
d. All of the above - ✔️✔️d. all of the above
The "Perspectives" tabs of the weekly STAR report show what info?
a. A recap of daily data performance for the last 28 days
b. 12 weeks of weekly data
c. Subtotals for the KPIs for the current week, running 28 das, running month-to-date, and
running year-to-date
d. Monthly performance numbers for the last 3 months - ✔️✔️a. A recap of daily data performance
for the last 28 days
The "Daily Data for the Month" tab on the Weekly STAR report displays what info?
a. Provides a running MTD total based upon daily data
b. Shows KPIs for the subject property and the comp set for each day of the prior month
c. Displays graphs of index values for every day of the current month
d. all of the above are displayed on this report - ✔️✔️d. All of the above are displayed on this
report
Which of the following is a rule related to requesting Trend Report(s)?
a. You must select 4 or more participating hotels
b. A single hotel may account for a max of 40 percent of the participating room supply
c. If you request multiple Trend reports, the hotels you have selected must differ by more than
one participating hotel on subsequent Trend request
,d. All of the above are rules related to requesting a Trend report - ✔️✔️d. All of the above are
rules to requesting a Trend Report
Which is NOT a valid type of data that you can request to include on a Trend Report, in addition
to monthly data?
a. Daily data
b. Weekly data
c. 12-month moving average data
d. Segmentation data - ✔️✔️b. Weekly data
Several tabs in the Trend Report display columns with Census Props and Rooms and STAR
participation. Which is an accurate statement about this data?
a. The data in these columns will not change over time
b. These columns cannot help determine if there is a "consistent sample" for the Trend Report
c. These columns show the total number of hotels and rooms for the selected group of hotels, as
well as the percent of those rooms that submit performance data to STR
d. All of the statements are accurate - ✔️✔️c. These columns show the total number of hotels and
rooms for the selected group of hotels, as well as the percent of those rooms that submit
performance data to STR
Aggregating means:
a. finding averages from several sets of individual data
b. Temporarily removing a property from a comp set
c. Changing a comp set
d. Isolating a single property's data - ✔️✔️a. Finding averages from several sets of individual data
A HOST or Profitability report displays what type of info?
a. Profit and Loss, including revenue, expenses, and profits accounts
b. Balance Sheet (assets) info
c. Monthly Performance (Occ, ADR, RevPAR) data
d. All of the above - ✔️✔️A. Profit and Loss, including revenue, expenses, and profit accounts
The HOST report displays data based on what time period? - ✔️✔️Annual
A HOST or profitability report display data for how many years? - ✔️✔️One
What is the ideal segmentation strategy for a property?
a. Different for each property and depends on the efficiency of each segment's ADR and demand
levels
b. Have even demand segments within the property
c. Use the same strategy for each segment
d. All of the above - ✔️✔️a. different for each property and depends on the efficiency of each
segments ADR and the demand levels
, Why is it important to compare daily data on monthly STAR reports with daily data from weekly
STAR reports?
a. Monthly STAR report data undergoes stringent data cleansing processes that check for
abnormalities; daily data in weekly and daily STAR reports does not
b. It is important to compare, because daily data on monthly STAR reports shows much more
data and gets more granular than daily data on daily and weekly STAR reports
c. Daily data on daily, weekly and monthly STAR reports should always match-up exactly the
same. If there are differences, then there are problems with your STAR report
d. all of the above - ✔️✔️a. Monthly STAR report data undergoes stringent data cleansing
processes that check for abnormalities; daily data in weekly and daily STAR reports does not
The HOST report show what kind of data? - ✔️✔️Profit and Loss
Which is a true statement about parent companies?
a. Parent companies and the related chains have changed over time
b. Parent companies must consist of no more than 5 chains
c. Parent companies can only consist of chains in a single scale
d. Parent companies can only have hotels in a single country - ✔️✔️a. Parent companies and the
related chains have changed over time
What are the three different operation types? - ✔️✔️Corporate, Franchise, Independent
What is a true statement about independent hotels?
a. Independent hotels are not affiliated with a specific chain
b. Chain hotels outnumber independent hotels in every country of the world
c. Independent hotels are mostly luxury class hotels in Urban Locations with more than 150
rooms
d. Independent hotels may never be managed by an outside entity - ✔️✔️a. Independent hotels are
not affiliated with a specific chain
Which is a true statement regarding geographic categorization?
a. STR geographic categories are limited to North America
b. STR uses the UNWTO definitions when it comes to recognizing countries
c. General managers of hotels do not need o know geographic categories
d. There is another name for Markets outside the U.S. - ✔️✔️c. General managers of hotels do not
need to know geographic categories
Which is a true statement regarding markets?
a. Markets include hotels that are in big cities, not rural areas
b. A country would never have more than 100 markets and never has less than 2 markets
c. No market will ever cross country boundaries
d. There is another name for Markets outside the U.S. - ✔️✔️c. No market will ever cross country
boundaries
