CHIA Certification UPDATED
Exam Questions and CORRECT
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Terms in this set (220)
Chain A representation of a hotel brand
What is another Brand
name for a
chain?
,How many 24 chains in the US with over
chains are there 50,000 rooms or more
in the US? 28 chains in the world with over
World? How 75,000 rooms
many rooms
does each one
have?
Parent A business that consists of multiple
company chains
What is another Group
name for parent
company?
How many 22 parent companies w/ 10,000
parent rooms or more
companies are 34 parent companies worldwide
there in the US? w/ 25,000 rooms
World? How
many rooms
does each one
have?
What are the Corporate, franchise, independent
three different
operation types
,Corporate A chain hotel owned/managed by
Hotel the chain or parent company
A chain hotel run by a third party
Franchise Hotel where the chain recieves some
sort of franchise fee
Who is an Neither a chain nor parent
independent company. They are independent
hotel affiliated
with?
Are Chain Yes, in the US chains are more
hotels more popular (70/30). WW,
popular than Independents are (30/70 or 20/80)
independent
hotels in the
US? WW?
Management A company that operates a hotel
Company for another company
, How many There are 32 management
management companies in the U.S. with 8,000
companies are rooms or more and 58
there in the US? management companies
World? How worldwide with 10,000 rooms or
many rooms more.
does each one
have?
Owner Companies that own hotels
companies
How many There are 24 owner companies in
owner the U.S. and 46 owner companies
companies are worldwide with 10,000 rooms or
there in the US? more.
World? How
many rooms
does each one
have?
A Management Company that
Asset
represents the owner in the
management
operation of a hotel. (between the
company
owner and management company)
Exam Questions and CORRECT
Answers
Save
Terms in this set (220)
Chain A representation of a hotel brand
What is another Brand
name for a
chain?
,How many 24 chains in the US with over
chains are there 50,000 rooms or more
in the US? 28 chains in the world with over
World? How 75,000 rooms
many rooms
does each one
have?
Parent A business that consists of multiple
company chains
What is another Group
name for parent
company?
How many 22 parent companies w/ 10,000
parent rooms or more
companies are 34 parent companies worldwide
there in the US? w/ 25,000 rooms
World? How
many rooms
does each one
have?
What are the Corporate, franchise, independent
three different
operation types
,Corporate A chain hotel owned/managed by
Hotel the chain or parent company
A chain hotel run by a third party
Franchise Hotel where the chain recieves some
sort of franchise fee
Who is an Neither a chain nor parent
independent company. They are independent
hotel affiliated
with?
Are Chain Yes, in the US chains are more
hotels more popular (70/30). WW,
popular than Independents are (30/70 or 20/80)
independent
hotels in the
US? WW?
Management A company that operates a hotel
Company for another company
, How many There are 32 management
management companies in the U.S. with 8,000
companies are rooms or more and 58
there in the US? management companies
World? How worldwide with 10,000 rooms or
many rooms more.
does each one
have?
Owner Companies that own hotels
companies
How many There are 24 owner companies in
owner the U.S. and 46 owner companies
companies are worldwide with 10,000 rooms or
there in the US? more.
World? How
many rooms
does each one
have?
A Management Company that
Asset
represents the owner in the
management
operation of a hotel. (between the
company
owner and management company)