CHIA EXAM Questions With 100% Correct Answers 2024/2025

CHIA EXAM Questions With 100% Correct Answers 2024/2025 which one of the following is NOT a Location Category used by the hotel industry? 1. oceanfront 2. airport 3. urban 4. suburban - answer1. Oceanfront all of the following are good reasons for a hotel to have an additional competitive set, except which one? 1. have a local competitive set based upon geography and another based upon a special feature or niche, for example: waterpark, boutique, or conference 2. have different sets for weekday/weekend or group/ transient business 3. have one set that you can easily beat and another which is a realistic target 4. different entities may not agree, for example, chain versus management company. - answer3. Have one set that you can easily beat and another which is a realistic target which is a true statement regarding geographic categorization? 1. STR geographic categories are limited to North America 2. STR uses the UNWTO definitions when it comes to recognizing countries 3. the hotel industry uses seven continents to categorize hotels 4. general managers of hotels do not need to know geographic categories - answer2. STR uses the UNWTO definitions when it comes to recognizing countries Which is a valid rule related to creating a competitive set? 1. Comp sets must include seven or more hotels 2. No single property or chain can account for more than 25% of the total participating room supply of a comp set 3. When percentages are calculated, the rooms of the subject hotel, as well as the same chain and parent company, are excluded 4. You cannot have more than 20 hotels in your comp set - answer3. When percentages are calculated, the rooms of the subject hotel, as well as the same chain and parent company, are excluded Which one of the following is an accurate statement regarding Scale and Class groups and a single chain? 1. A Ritz Carlton hotel will always be in the same Scale and Class groups in every country throughout the world 2. A Ritz Carlson hotel in the US can be in one Class group and a Ritz Carlton hotel in Japan can be in a different Class group 3. A Ritz Carlton hotel in the US can be in one Scale group and a Ritz Carlton hotel in Japan can be in a different Scale group 4. Ritz Carlton may choose which Scale and which Class they are in - answer1. A Ritz Carlton hotel will always be in the same Scale and Class groups in every country throughout the world When can a competitive set be created? 1. A competitive set may be created three months before a hotel opens 2. A competitive set may be created while the hotel is under construction 3. A competitive set may be created on the one year anniversary of a hotel's opening 4. A competitive set may be created once the hotel has opened - answer2. A competitive set may be created while the hotel is under construction Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? 1. Holiday Inn Express 2. Hampton Inn 3. Hilton Worldwide 4. Radisson Blu - answer3. Hilton Worldwide Which is a true statement regarding markets? 1. A country would never have more than 100 markets and never have less than 2 markets 2. Markets include hotels that are in big cities, not rural areas 3. There is another name for Markets outside the U.S. 4. No market will ever cross country boundaries - answer4. No market will ever cross country boundari