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Exam (elaborations)

CHIA EXAM REVIEW QUESTIONS WITH CORRECT ANSWERS

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CHIA EXAM REVIEW QUESTIONS WITH CORRECT ANSWERS

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


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your hotel would have a positive RevPAR Percent Change




What are the three different operation types?


Corporate, Managed, Independent
Managed, Franchise, Independent
Managed, Clustered, Independent
Corporate, Franchise, Independent


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, Corporate, Franchise, Independent




which one of the following is NOT a location category used by the hotel industry?


airport
suburban
oceanfront
urban


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oceanfront




which one of the following is an accurate statement regarding class groups?


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Independent hotels are slotted into class groups based upon the ADR of
the independent hotel compared to the chain hotels in the same market




which is NOT a valid rule related to changing a competitive set?


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A single hotel may be added to a competitive set at any time

, which one of the following statements is accurate regarding "sufficiency" as it related
to competitive set data?


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the sufficiency rules are in place to protect the confidentiality of the data




which is NOT a valid non-geographic category?


extended stay
boutique
guest satisfaction rating
destination resort


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guest satisfaction rating




Which is a true statement regarding markets?


Markets include hotels that are in big cities, not rural areas
A country would never have more than 100 markets and never have less than 2
markets
No market will ever cross country boundaries
There is another name for markets outside the U.S.


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