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CHIA Exam Bundle (Graded A) Updated 2023

CHIA Practice Problems Chia Chia 2 CHIA Practice Exam Pt 2 CHIA hotel industry performance reports CHIA Certification CHIA Exam Study Guide CHIA Certification Exam CHIA Certification CHIA certification Exam CHIA Exam Questions with correct Answers 2023 CHIA PRACTICE FINAL EXAM CHIA Sample Ques...

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CHIA Certification Exam 2023 Questions and Answers

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What was the first chain - ANSWER-Holiday Inn What type of company has a contract where it receives payment and/or some portion of profits? - ANSWER-Management Company What are the 2 top markets in the U.S.? - ANSWER-Orlando, FL Chicago, IL What are the top 2 U.S. Metro Markets by number ...

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CHIA Exam Study Guide latest updates

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Major Geographic Categories - ANSWER--World -Continent -Sub-Continent -Country -Market -Tract or Submarket Continents - ANSWER--4 -Americas, Europe, Mideast/Africa and Asia Pacific Sub-Continents - ANSWER--4 for each continent When it comes to recognizing countries... - ANSWER-STR use...

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CHIA Exam Study Guide latest updated (Graded A)

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KPIs - ANSWER-Key Performance Indicators 1) Occupancy Percentage 2) ADR (Average Daily Rate) 3) RevPAR (Revenue Per Available Room) Census vs Hotel Database - ANSWER-Census Database contains all of the hotels in the world, but the Hotel Database contains all of the reporting hotels in the worl...

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CHIA Certification Exam Questions and Answers 2023

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What is a star report - ANSWER-compare subject property's performance to competitive set and one or more surrounding industry segments star reports are usually generated when? - ANSWER-each month, week, and/or day ad-hoc reports are - ANSWER-provide historic info used for feasibility studies,...

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CHIA Certification-Exam Questions and Answers (Graded A)

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What are the different kinds of affiliations a single hotel can have? - ANSWER-Chain Parent Company Operation: Corporate, Franchise, or Independent Management Company Owner Asset Management Company Membership or Marketing Groups What does a chain represent? - ANSWER-The hotel brand Ther...

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CHIA certification Exam with complete solutions

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Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? a. Hampton Inn b. Motel 6 c. Choice d. Holiday Inn Express - ANSWER-Choice Which is a true statement about Parent Companies? a. Parent Companies and the related chains...

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CHIA Exam Questions with 100% correct Answers

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who are players in the hotel industry - ANSWER-affiliations operations and independents categorizations used by hotel industry - ANSWER-geographic categories non-geographic categories what affiliations could a single hotel have - ANSWER-chain parent company management company owner asse...

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CHIA Exam Questions with correct Answers 2023

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What are the different kinds of affiliations a single hotel can have? - ANSWER-Chain Parent Company Operation: Corporate, Franchise, or Independent Management Company Owner Asset Management Company Membership or Marketing Groups What does a chain represent? - ANSWER-The hotel brand Ther...

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CHIA PRACTICE FINAL EXAM QUESTIONS AND ANSWERS

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Three Different Operation Types - ANSWER-Corporate, Franchise, Independent STR geographic categorization for continent & subcontinent - ANSWER-Continents: 1. Americas 2. Europe 3. Mideast/Africa 4. Asia Pacific Sub continent: 1. North America 2. South America 3. Central America 4. Cari...

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CHIA Sample Questions and Answers (Graded A)

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Most of the entities below are classified as "Parent Companies". Which one is a "chain" within a larger parent company? - ANSWER-Ritz Carlton When talking about US industry data, which is an accurate explanation of "modeled data"? - ANSWER-Modeled data is derived by using actual data from r...

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CHIA 1350 Exam Questions and Answers

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Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - ANSWER-Choice Which is a true statement about Parent Companies? - ANSWER-Parent Companies and the related chains have changed over time What are the three different opera...

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CHIA Practice Exam 2023 Questions and Answers (Graded A)

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Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - ANSWER-Starwood Hotels and Resorts, Accor Which is a true statement about Parent Companies? - ANSWER-parent companies and the related chains have changed over time What a...

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CHIA hotel industry performance reports -Exam Questions and Answers

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b. Hotels and hotel companies cannot obtain Ad-Hoc Industry reports or Destination Reports. - ANSWER-Which is NOT an accurate statement regarding the differences between STAR Reports, Ad-hoc Industry Reports, and Destination Reports? a. Ad-hoc Industry Reports are requested on a one-time, as need...

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CHIA Practice Exam Pt 2 Questions and Answers 2023

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Modeled Data is derived by using actual data from reporting hotels to estimate performance for non-reporting hotels - ANSWER-When talking about U.S. Industry Data, which is an accurate explanation of "modeled data"? New hotel openings, Hotel closings, Hotel room additions, and Hotel room drops ...

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Chia 2 Exam with complete solutions

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30) The definitions for Supply, Demand and Revenue used by STR and others in the lodging industry are taken from what source? - ANSWER-Uniform System of Accounts for the Lodging Industry Which statement is true regarding raw data that is submitted to STR? - ANSWER-The majority of data is exported...

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CHIA property level benchmarking-Exam Questions with correct Answers

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d. North America hotels will see industry data for Market, Market Class, Tract and Tract Scale. - ANSWER-Which statement is true regarding the industry data that a hotel may see on a STAR report? a. North America hotels will see data for only a single industry segment. b. North America and Non-...

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CHIA Practice Problems-Exam 2023 QA

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Most of the entities below are classified as "Parent Companies". Which one is a "Chain" that is a member of a larger Parent Company? - Accor - Holiday Inn - Choice - Starwood - ANSWER-Holiday Inn Which one of the following statements about management companies is accurate? - Parent c...

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