CHIA CERTIFICATION UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
COMPREHENSIVE STUDY GUIDE
●● Parent Company
Answer: the company that includes multiple chains
●● Management Company
Answer: operates a hotel for another party
●● Owner
Answer: there are many companies that own hotels
●● Asset Management Company
Answer: represents the owner
●● Membership or Marketing Groups
Answer: provide additional benefit
●● Independent Hotels
Answer: an important part of the industry
, ●● World
Answer: world
●● Continent
Answer: continents
●● Sub-Continents
Answer: subsets of continents
●● Countries
Answer: based on UNWTO definitions
●● Region
Answer: for certain larger countries like USA, Canada
●● Markets
Answer: for major cities, also non-metro areas
●● Submarkets
Answer: subsets of markets
QUESTIONS AND CORRECT ANSWERS
COMPREHENSIVE STUDY GUIDE
●● Parent Company
Answer: the company that includes multiple chains
●● Management Company
Answer: operates a hotel for another party
●● Owner
Answer: there are many companies that own hotels
●● Asset Management Company
Answer: represents the owner
●● Membership or Marketing Groups
Answer: provide additional benefit
●● Independent Hotels
Answer: an important part of the industry
, ●● World
Answer: world
●● Continent
Answer: continents
●● Sub-Continents
Answer: subsets of continents
●● Countries
Answer: based on UNWTO definitions
●● Region
Answer: for certain larger countries like USA, Canada
●● Markets
Answer: for major cities, also non-metro areas
●● Submarkets
Answer: subsets of markets