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Chia Practice Exam Study Guide 2026 Tested Questions And Practice Solution Graded A+

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CHIA PRACTICE EXAM STUDY GUIDE 2026 TESTED QUESTIONS AND PRACTICE SOLUTION GRADED A+

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CHIA PRACTICE EXAM STUDY GUIDE 2026
TESTED QUESTIONS AND PRACTICE
SOLUTION GRADED A+

◉ These are reviewed ________ to determine if new markets may be
created based on growth in available supply and sample.
Answer: annually


◉ The metro markets are sometimes separated into.
Answer: major cities and secondary cities


◉ In less populated states, the whole state.
Answer: may be a market


◉ These ________markets are based on Revenue and Number of
Rooms..
Answer: "Top 25"


◉ A Tract is a geographic subset of a Market.
Answer: geographic subset of a Market


◉ The term "Tract" is used in North America, ..

,Answer: but the term "Submarket" is used outside of North America


◉ Tracts, like Markets are affected by hotel participation..
Answer: They are reviewed annually to determine if new tracts may
be created based on growth in available supply and sample


◉ The Tract category, like the Market category is very important,
especially for hotel GMs..
Answer: Hotel data is often displayed at the Market and Tract level,
including on the STAR Report that is received by a hotel.


◉ There are ________ tracts in the U.S...
Answer: 630


◉ Outside of North America,.
Answer: the term "Submarket" is used instead of Tract.


◉ The number of Submarkets depend upon.
Answer: the size of the Market.


◉ Small Markets may only consist of a single Submarket..
Answer: Larger Markets may be divided into many Submarkets just
like the U.S..

,◉ As the number of hotels and participation increases in a Market,.
Answer: additional Submarkets will be created.


◉ STR makes small revisions to markets and tracts on a regular
basis..
Answer: The changes are based upon:
Supply (new hotels opening)
Participation (new hotels submitting performance data)
Client feedback


◉ Most revisions are made at the end of the year, after December
STAR Reports and before January STAR Reports..
Answer: A smaller amount of changes, related to increased
participation, are made in July at the half year point.


◉ Which is a true statement regarding geographic categorization?.
Answer: STR uses the UNWTO definitions when it comes to
recognizing countries


◉ Which is a true statement regarding markets?.
Answer: No market will ever cross country boundaries

, ◉ In descending order of geographic size, which option below is
correct?.
Answer: Continent, Sub-Continent, Country, Market, Tract/Sub-
Market


◉ Which two geographic categories are the most important for a
hotel GM?.
Answer: Market and Tract/Sub-Market


◉ Markets and tracts are created based on what two determining
factors?.
Answer: Number of hotels and participation


◉ Which is a true statement regarding Tracts.
Answer: Tracts are referred to as Sub-Markets outside of North
America


◉ Changes to how Markets and Tracts are geographically defined
are made how often?.
Answer: Annually


◉ There are seven Scale categories,.
Answer: six for chain hotels ranging from Luxury to Economy, and
one Scale category for all Independent hotels.

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