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CHIA MODULE 3 QUESTIONS AND CORRECT ANSWERS

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CHIA MODULE 3 QUESTIONS AND CORRECT ANSWERS

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Which one of the following is a non-geographic category shown on the STAR report?
A.Location
B.Type
C.Market
D.Class


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d.




STAR Reports for hotels outside of North America compare the subject hotel to two
groups of hotels, specifically the



a. Competitive Set: a set of 4 or more properties,
Market: a large geographic segment,
Market Class: the market above broken down by class,

, Tract: the geographic subset of the market above, and
Tract Scalea. Competitive Set: a set of 4 or more properties,
Market: a large geographic segment,
Market Class: the market above broken down by class,
Tract: the geographic subset of the market above, and
Tract Scale


or


b. Competitive Set: a set of 4 or more properties and
A single industry segment


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b




sample %


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the percentage of rooms in each segment that report data to STR




Which statement is true regarding the format and timing of a STAR Report?
A.They are normally generated in Excel
B.If you change data on a STAR report, all of the related values will recalculate, since
there are embedded formulas
C.There are no graphs on the report
D.Weekly STAR Reports are generated on Monday


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