Index numbers are generated for multiple time periods, both _________________________ and
_______________________ to analyze performance for a subject hotel over various periods of
time.
Some companies relate ________________________ to index numbers
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1. monthly (YTD, Running 12) and daily (MTD, Running 28)
2. managers' bonuses
Demand
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, (rooms sold)= # of rooms sold by a hotel, but does not include "no shows"
or comp rooms
Exchange Rates and Multiple time periods
MTD and YTD exchange rates
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"Raw data is aggregated using the exchange rate for each individual month
and then the KPIs are derived." This methodology accounts for changing
exchange rates.
Multiple time periods for daily data, i.e.: weekly or Running 28-day numbers
are calculated the same way, using the exchange rate for each individual
day.
STR allows companies to choose whether to include or exclude data for the
____________________ in the numbers for the comp set
Decision is made at the _______________________, not the _______________________ .
All companies exclude when it comes to _________________________.
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1. subject hotel
2. company level
3. hotel level
4. daily data
,Month-to-Date (MTD)
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The 1st of the current month through the current day of the month.
Supply
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(rooms available) = # of rooms in a hotel x days in the month
Industry segments used by STR:
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- market
- market class
- tract or submarket
- tract scale
- tract class
How are KPIs (occ, ADR, and RevPAR) calculated for multiple time periods?
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, They are calculated from "aggregated raw data"
(for every month or day)
Some people feel that having the subject data included in the comp set numbers
___________________________
(Used to include subject hotel data for the hotel (market share program, but not
anymore.)
Including or excluding will be noted at the ______________________________
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1. distorts or dilutes the comp set
2. top of a STAR report
Collapsed Scale/Class Data
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There are times where Scale or Class data for a Market or Submarket/Tract
is "collapsed".
If the Luxury data is not sufficient, then instead of a hotel not receiving any
industry data, they might receive Collapsed data.
Scale Data can be collapsed into 4:
- Luxury and Upper Upscale and Upscale
- Upper Midscale and Midscale
- Economy
- Independents
Class Data can be collapsed into 3:
- Luxury and Upper Upscale
_______________________ to analyze performance for a subject hotel over various periods of
time.
Some companies relate ________________________ to index numbers
Give this one a try later!
1. monthly (YTD, Running 12) and daily (MTD, Running 28)
2. managers' bonuses
Demand
Give this one a try later!
, (rooms sold)= # of rooms sold by a hotel, but does not include "no shows"
or comp rooms
Exchange Rates and Multiple time periods
MTD and YTD exchange rates
Give this one a try later!
"Raw data is aggregated using the exchange rate for each individual month
and then the KPIs are derived." This methodology accounts for changing
exchange rates.
Multiple time periods for daily data, i.e.: weekly or Running 28-day numbers
are calculated the same way, using the exchange rate for each individual
day.
STR allows companies to choose whether to include or exclude data for the
____________________ in the numbers for the comp set
Decision is made at the _______________________, not the _______________________ .
All companies exclude when it comes to _________________________.
Give this one a try later!
1. subject hotel
2. company level
3. hotel level
4. daily data
,Month-to-Date (MTD)
Give this one a try later!
The 1st of the current month through the current day of the month.
Supply
Give this one a try later!
(rooms available) = # of rooms in a hotel x days in the month
Industry segments used by STR:
Give this one a try later!
- market
- market class
- tract or submarket
- tract scale
- tract class
How are KPIs (occ, ADR, and RevPAR) calculated for multiple time periods?
Give this one a try later!
, They are calculated from "aggregated raw data"
(for every month or day)
Some people feel that having the subject data included in the comp set numbers
___________________________
(Used to include subject hotel data for the hotel (market share program, but not
anymore.)
Including or excluding will be noted at the ______________________________
Give this one a try later!
1. distorts or dilutes the comp set
2. top of a STAR report
Collapsed Scale/Class Data
Give this one a try later!
There are times where Scale or Class data for a Market or Submarket/Tract
is "collapsed".
If the Luxury data is not sufficient, then instead of a hotel not receiving any
industry data, they might receive Collapsed data.
Scale Data can be collapsed into 4:
- Luxury and Upper Upscale and Upscale
- Upper Midscale and Midscale
- Economy
- Independents
Class Data can be collapsed into 3:
- Luxury and Upper Upscale
