When you receive your STAR report you see that your ADR Rank for the current
month is "3 of 7". What do you know?
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Your hotel has the 3rd highest ADR among the members of your
competitive set
When you receive your STAR report, your ADR for the month was $100 and the
competitive set ADR was $90. What can you tell?
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Your ADR was $10 higher than the average of all of the members of the
competitive set
,Using the sample "Supply Summary" tab from a Pipeline Report,
answer the following question. Which one of the following is an
accurate statement regarding Supply growth over the last 5 years?
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The Upscale segment experienced a significant increase in supply
The RevPAR Index percent change for November (J4) is _____.
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16%
When talking about U.S. Industry Data, which is an accurate explanation of "modeled
data"?
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Modeled Data is derived by using actual data from reporting hotels to
estimate performance for non-reporting hotels
,Using the information from an excerpt of a sample "Competitive Set
Report" tab from a Monthly STAR Report, answer the following
question. Which of the following statements best describes the
performance of your hotel over the last six months?
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Your hotel's Occupancy Rank has consistently been 2 of 5
Occupancy formula
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demand/supply (rooms sold/rooms available) * 100 (displayed as a
percentage)
The scale hotel categories in order from highest ADR to lowest ADR.
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Luxury → Upper Upscale → Upscale → Upper Midscale → Midscale →
Economy → Independent
Which is a valid rule related to creating a competitive set?
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, When percentages are calculated, the rooms of the subject hotel, as well
as the same chain and parent company, are excluded
Hotels and hotel companies outside the U.S. may receive STAR reports in what
currency?
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Local Currency, US dollars or a third currency (the company gets to decide
Between the two years, what is the occupancy percent change for the
month of January?
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-1.59%
The four key considerations when creating a Competitive Set are?
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Participation, Proximity, Pricing and Product
month is "3 of 7". What do you know?
Give this one a try later!
Your hotel has the 3rd highest ADR among the members of your
competitive set
When you receive your STAR report, your ADR for the month was $100 and the
competitive set ADR was $90. What can you tell?
Give this one a try later!
Your ADR was $10 higher than the average of all of the members of the
competitive set
,Using the sample "Supply Summary" tab from a Pipeline Report,
answer the following question. Which one of the following is an
accurate statement regarding Supply growth over the last 5 years?
Give this one a try later!
The Upscale segment experienced a significant increase in supply
The RevPAR Index percent change for November (J4) is _____.
Give this one a try later!
16%
When talking about U.S. Industry Data, which is an accurate explanation of "modeled
data"?
Give this one a try later!
Modeled Data is derived by using actual data from reporting hotels to
estimate performance for non-reporting hotels
,Using the information from an excerpt of a sample "Competitive Set
Report" tab from a Monthly STAR Report, answer the following
question. Which of the following statements best describes the
performance of your hotel over the last six months?
Give this one a try later!
Your hotel's Occupancy Rank has consistently been 2 of 5
Occupancy formula
Give this one a try later!
demand/supply (rooms sold/rooms available) * 100 (displayed as a
percentage)
The scale hotel categories in order from highest ADR to lowest ADR.
Give this one a try later!
Luxury → Upper Upscale → Upscale → Upper Midscale → Midscale →
Economy → Independent
Which is a valid rule related to creating a competitive set?
Give this one a try later!
, When percentages are calculated, the rooms of the subject hotel, as well
as the same chain and parent company, are excluded
Hotels and hotel companies outside the U.S. may receive STAR reports in what
currency?
Give this one a try later!
Local Currency, US dollars or a third currency (the company gets to decide
Between the two years, what is the occupancy percent change for the
month of January?
Give this one a try later!
-1.59%
The four key considerations when creating a Competitive Set are?
Give this one a try later!
Participation, Proximity, Pricing and Product