CHIA Certification Exam Questions and Verified Answers

CHIA Certification Exam Questions and Verified Answers “comparable days” -ANSWER-same day of week last year with the closest date .2 phases for existing hotels -ANSWER-existing supply and recently opened .3 options for selecting hotels for a trend report: -ANSWER-1) standard industry segment 2) selection based upon wide range of variables 3) choose specific group of individual properties .4 phases for hotel projects in development pipeline -ANSWER-pre-planning, planning, final planning, in construction .abandoned -ANSWER-project terminated .ad-hoc reports are -ANSWER-provide historic info used for feasibility studies, impact analyses, etc. .ADR -ANSWER-revenue/demand .annual industry report providing ratios for different segments -ANSWER-HOST Almanac .are methodologies of US industry segments vs. non-US different? -ANSWER-yes .by default, a trend report includes -ANSWER-monthly data and 12 month moving average .census props and room and star participation page on trend reports -ANSWER-show total number of hotels and rooms for the selected group of hotels, and percent that submit performance data to star .comparative trend -ANSWER-you can select 2 groups of hotels and it makes it easy to compare one group to a second group .consistent sample can also be called -ANSWER-same store .data derived by using actual data from reporting hotels to estimate performance for non-reporting hotels -ANSWER-modeled data .deferred -ANSWER-activity has stopped but may resume within 12 months .demand (rooms sold) -ANSWER-# of rooms sold by hotel (does not include comp or no-show rooms) .destination reports are most often received by -ANSWER-tourism organizations .destination reports can be obtained each -ANSWER-week or month .difference between ad-hoc and destination reports -ANSWER-destination reports provide ongoing performance info .does non-US industry segment data used modeled data? -ANSWER-no .each continent includes how many sub-continents -ANSWER-3-4 .existing supply -ANSWER-hotels already open .extended trend report -ANSWER-begins in 2000 .final planning -ANSWER-confirmed, under contract projects where construction will begin within the next 12 months .first chain ever -ANSWER-holiday inn .for every account within a host report, three different metrics are displayed: -ANSWER-ratio to sales (RTS), amount per available room (APR), amount per occupied room (APO)