AND CORRECT ANSWERS | GRADED A+ | VERIFIED
ANSWERS | NEWEST EXAM (JUST RELEASED)
Which one of the following is NOT an accurate statement regarding
currencies and conversion rates?
A) Daily data is converted using the daily exchange rate from Oanda.com.
B) Monthly data is converted using the daily exchange rate on the last day
of the month.
C) Hotels submit revenue data in the local currency of the subject hotel.
D) Year-to-date data is converted using the daily exchange on the last day
of the YTD time period. For example, May YTD data is converted using just
the conversion rate for May 31st. ---------CORRECT ANSWER-----------------
A) Daily data is converted using the daily exchange rate from Oanda.com.
Which one of the following is an accurate statement regarding the raw data
fields used by the hotel industry?
A) Demand is the number of rooms available for a hotel to sell.
B) The definitions for raw data are based upon the Uniform System of
Accounts for the Lodging Industry.
C) Room Revenues include Food and Beverage Revenues.
D) Supply is the number of rooms sold by the hotel. ---------CORRECT
ANSWER-----------------B) The definitions for raw data are based upon the
Uniform System of Accounts for the Lodging Industry.
Which one of the following is NOT an accurate statement regarding the
Day of Week and Weekday/Weekend page in a Monthly STAR Report?
A) The Day of Week and Weekday/Weekend page is one of the least
valuable pages in the STAR Report.
B) The Day of Week and Weekday/Weekend page includes values, index
numbers and percent changes.
,C) The Day of Week and Weekday/Weekend page displays occupancy,
ADR and RevPAR by Day of Week.
D) The Day of Week and Weekday/Weekend page displays occupancy,
ADR and RevPAR subtotaled by Weekday and Weekend. ---------
CORRECT ANSWER-----------------A) The Day of Week and
Weekday/Weekend page is one of the least valuable pages in the STAR
Report.
Which one of the following is NOT an accurate statement regarding the
effective use of the STAR Report?
A) When analyzing performance, many people look only at occupancy and
do not look at ADR or RevPAR.
B) You can analyze Weekday/Weekend, Day of Week and Segmentation
data to look for areas of improvement.
C) You can check the Index numbers for various metrics on a STAR Report
to quickly see if you won or lost.
D) Running 3-month, Running 12-month and YTD numbers help see longer
term performance trends compared to Current Month data ---------
CORRECT ANSWER-----------------A) When analyzing performance, many
people look only at occupancy and do not look at ADR or RevPAR.
Which one of the following is NOT an accurate statement regarding the
data that appears in a Pipeline report?
A) A Pipeline report could be used by a developer for a Feasibility Study.
B) The Summary Page of a Pipeline Report includes stacked bar graphs
that show the number of existing hotels and the number in each phase by
scale.
C) A Pipeline Report includes a "Changes to Existing Supply" page which
shows hotel conversion activity.
D) Once a hotel enters some phase of the Pipeline, it will always be
completed. ---------CORRECT ANSWER-----------------D) Once a hotel
enters some phase of the Pipeline, it will always be completed.
,Which of the following is an accurate statement regarding the Weekly
Performance at a Glance page in a Weekly STAR Report?
A) The Weekly At A Glance page displays performance numbers for each
individual day of the prior week, but not a subtotal for the entire week.
B) The Weekly At A Glance page displays a performance subtotal for the
entire prior week, but not for each individual day.
C) The Weekly At A Glance page does not include Index numbers.
D) The Weekly At A Glance page includes KPI metrics (occupancy, ADR
and RevPAR) for the subject hotel and for the competitive set. ---------
CORRECT ANSWER-----------------D) The Weekly At A Glance page
includes KPI metrics (occupancy, ADR and RevPAR) for the subject hotel
and for the competitive set.
Which one of the following is NOT an accurate statement regarding the
KPIs for a competitive set?
A) The average KPIs for a comp set are weighted by the number of rooms
in each hotel that is a member of the comp set.
B) To calculate average KPIs for a comp set, add up the Supply, Demand
and Revenue of each member and then apply the KPI formulas.
C) The average KPIs for a comp set are calculated based upon a straight
average of the KPIs for each member of the comp set.
D) The average KPIs for a comp set are calculated based upon the
aggregated raw data of each member of the comp set. ---------CORRECT
ANSWER-----------------C) The average KPIs for a comp set are calculated
based upon a straight average of the KPIs for each member of the comp
set.
Which one of the following is an accurate statement regarding data that
appears in a Trend Report?
A) Trend Reports never include daily data.
B) Trend Reports include a small number of pages and limited types of
data.
, C) There are multiple options when it comes to specifying date ranges for
data on a Trend Report.
D) There are no rules related to the hotels that are selected for a Trend
Report. ---------CORRECT ANSWER-----------------C) There are multiple
options when it comes to specifying date ranges for data on a Trend
Report.
Which is a true statement regarding markets?
a. Markets include hotels that are in big cities, not rural areas
b. A country would never have more than 100 markets and never have less
than 2 markets
c. No market will ever cross country boundaries
d. There is another name for Markets outside the U.S. ---------CORRECT
ANSWER-----------------C. No market will ever cross country boundaries
In descending order of geographic size, which option below is correct?
a. Continent, Sub-Continent, Country, Tract/Sub-Market, Market
b. Continent, Country, Sub-Continent, Tract/Sub-Market, Market
c. Continent, Sub-Continent, Market, Country, Tract/Sub-Market
d. Continent, Sub-Continent, Country, Market, Tract/Sub-Market ---------
CORRECT ANSWER-----------------D. Continent, Sub-Continent, Country,
Market, Tract/Sub-Market
Which two geographic categories are the most important for a hotel GM?
a. Region and Market
b. Market and Tract/Sub-Market
c. Region and Tract/Sub-Market
d. Country and Tract/Sub-Market ---------CORRECT ANSWER-----------------
B. Market and Tract/Sub-Market
Markets and tracts are created based on what two determining factors?