CHIA CERTIFICATION EXAM 2025
LATEST EXAM QUESTIONS AND
DETAILED CORRECT ANSWERS
(VERIFIED ANSWERS) | ALREADY
GRADED A+ || BRAND NEW!!
What is a Reverse Comp Set?
a. Properties that have seen a significant decline in
occupancy
b. Properties that have recently changed affiliations
c. Properties that you previously have included in your
comp set
d. Properties that name your hotel in their competitive set
Correct Answer D
When can a competitive set be changed?
a. Only if your hotel has changed affiliations
b. At any time, although many wait until the beginning of
the year
c. Only at the beginning of the year
d. Only when a hotel has a new general manager Correct
Answer B
) Which is NOT a valid rule related to changing a
competitive set?
a. If adding two hotels to a competitive set, both must be
in different chains
,b. A single hotel may be added to a competitive set if it
has been open less than six months
c. A single hotel may be added to a competitive set at any
time
d. Any change must involve two or more hotels, e.g. add
one/drop one, add two, drop two,
etc. Correct Answer C
The definitions for Supply, Demand and Revenue used by
STR and others in the lodging industry
are taken from what source?
a. Lodging Industry Accounting Fundamentals Guide
b. Uniform System of Accounts for the Lodging Industry
c. Hotel Book Keeping for Dummies
d. Modern Hotel Industry Accounting Correct Answer B
Which statement is true regarding raw data that is
submitted to STR?
a. A small amount comes in the form of raw data files
b. Most data is entered online
c. There are limited error check programs
d. The majority of data is exported from the hotel company
systems Correct Answer D
Which is true regarding the type of performance data
(Supply, Demand, Revenue) that STR
receives?
a. Daily only
b. Daily and monthly only
c. Daily, weekly, and monthly
d. Daily, weekly, monthly and quarterly Correct Answer B
,You receive your monthly STAR and find that it includes
weekday and weekend performance,
what days are included in "weekday"?
a. Sunday thru Thursday
b. Friday and Saturday
c. Sunday thru Saturday
d. Monday through Friday Correct Answer A
In which of the following situations will occupancy
increase?
a. Supply increases 10% and demand increases 5%
b. Supply decreases 5% and demand increases 10%
c. Supply increases 5% and demand decreases 5%
d. None of these situations will result in an occupancy
increase Correct Answer B
Which statement is true regarding RevPAR?
a. It is almost always higher than ADR
b. It can be thought of as a combination of Supply and
Demand
c. When a hotel or GM is evaluated, the RevPAR metric is
rarely considered
d. It can be thought of as a combination of Occupancy and
ADR Correct Answer D
Which one of the following statements is accurate
regarding "Sufficiency" as it related to
competitive set data?
a. If a competitive set is not sufficient for three consecutive
months, you will no longer
, receive a STAR Report
b. If a competitive set number for just a single month is not
sufficient, it will still be
displayed on the STAR Report
c. Percent Change number for a single month will appear
on the STAR report if either the
"This Year" or "Last Year" data is sufficient
d. The sufficiency rules are in place to protect the
confidentiality of the data Correct Answer D
Key Performance Indicators (KPI) for the Competitive Set
(for example the average Occupancy)
are:
a. Always based upon the aggregated raw data of each
member of the competitive set
b. Always based upon a straight average of the metrics,
for example the Occupancies, of
each member of the competitive set
c. The comp set methodology differs inside and outside of
North America
d. The comp set methodology differs by hotel company
Correct Answer A
When you receive your STAR report, your ADR for the
month was $100 and the competitive set
ADR was $90. What can you tell?
a. You had the highest ADR of all of the members of the
competitive set
b. Your ADR was $10 higher than the average of all of the
members of the competitive set
c. There was one hotel that had a higher ADR than you
LATEST EXAM QUESTIONS AND
DETAILED CORRECT ANSWERS
(VERIFIED ANSWERS) | ALREADY
GRADED A+ || BRAND NEW!!
What is a Reverse Comp Set?
a. Properties that have seen a significant decline in
occupancy
b. Properties that have recently changed affiliations
c. Properties that you previously have included in your
comp set
d. Properties that name your hotel in their competitive set
Correct Answer D
When can a competitive set be changed?
a. Only if your hotel has changed affiliations
b. At any time, although many wait until the beginning of
the year
c. Only at the beginning of the year
d. Only when a hotel has a new general manager Correct
Answer B
) Which is NOT a valid rule related to changing a
competitive set?
a. If adding two hotels to a competitive set, both must be
in different chains
,b. A single hotel may be added to a competitive set if it
has been open less than six months
c. A single hotel may be added to a competitive set at any
time
d. Any change must involve two or more hotels, e.g. add
one/drop one, add two, drop two,
etc. Correct Answer C
The definitions for Supply, Demand and Revenue used by
STR and others in the lodging industry
are taken from what source?
a. Lodging Industry Accounting Fundamentals Guide
b. Uniform System of Accounts for the Lodging Industry
c. Hotel Book Keeping for Dummies
d. Modern Hotel Industry Accounting Correct Answer B
Which statement is true regarding raw data that is
submitted to STR?
a. A small amount comes in the form of raw data files
b. Most data is entered online
c. There are limited error check programs
d. The majority of data is exported from the hotel company
systems Correct Answer D
Which is true regarding the type of performance data
(Supply, Demand, Revenue) that STR
receives?
a. Daily only
b. Daily and monthly only
c. Daily, weekly, and monthly
d. Daily, weekly, monthly and quarterly Correct Answer B
,You receive your monthly STAR and find that it includes
weekday and weekend performance,
what days are included in "weekday"?
a. Sunday thru Thursday
b. Friday and Saturday
c. Sunday thru Saturday
d. Monday through Friday Correct Answer A
In which of the following situations will occupancy
increase?
a. Supply increases 10% and demand increases 5%
b. Supply decreases 5% and demand increases 10%
c. Supply increases 5% and demand decreases 5%
d. None of these situations will result in an occupancy
increase Correct Answer B
Which statement is true regarding RevPAR?
a. It is almost always higher than ADR
b. It can be thought of as a combination of Supply and
Demand
c. When a hotel or GM is evaluated, the RevPAR metric is
rarely considered
d. It can be thought of as a combination of Occupancy and
ADR Correct Answer D
Which one of the following statements is accurate
regarding "Sufficiency" as it related to
competitive set data?
a. If a competitive set is not sufficient for three consecutive
months, you will no longer
, receive a STAR Report
b. If a competitive set number for just a single month is not
sufficient, it will still be
displayed on the STAR Report
c. Percent Change number for a single month will appear
on the STAR report if either the
"This Year" or "Last Year" data is sufficient
d. The sufficiency rules are in place to protect the
confidentiality of the data Correct Answer D
Key Performance Indicators (KPI) for the Competitive Set
(for example the average Occupancy)
are:
a. Always based upon the aggregated raw data of each
member of the competitive set
b. Always based upon a straight average of the metrics,
for example the Occupancies, of
each member of the competitive set
c. The comp set methodology differs inside and outside of
North America
d. The comp set methodology differs by hotel company
Correct Answer A
When you receive your STAR report, your ADR for the
month was $100 and the competitive set
ADR was $90. What can you tell?
a. You had the highest ADR of all of the members of the
competitive set
b. Your ADR was $10 higher than the average of all of the
members of the competitive set
c. There was one hotel that had a higher ADR than you
