CHIA CERTIFICATION FINAL REVIEW
PAPER 2026 COMPLETE SOLUTIONS
GRADED A+
⫸ Parent Company Answer: the company that includes multiple chains
⫸ Management Company Answer: operates a hotel for another party
⫸ Owner Answer: there are many companies that own hotels
⫸ Asset Management Company Answer: represents the owner
⫸ Membership or Marketing Groups Answer: provide additional benefit
⫸ Independent Hotels Answer: an important part of the industry
⫸ World Answer: world
⫸ Continent Answer: continents
⫸ Sub-Continents Answer: subsets of continents
, ⫸ Countries Answer: based on UNWTO definitions
⫸ Region Answer: for certain larger countries like USA, Canada
⫸ Markets Answer: for major cities, also non-metro areas
⫸ Submarkets Answer: subsets of markets
⫸ Additional Geographic Fields Answer: state, county, zip/postal code,
city
⫸ Scale Answer: 7 groups based on year-end average: Luxury, Upper
Upscale, Upscale, Upper Midscale, Midscale, Economy, Independent
⫸ Class Answer: 6 groups: Luxury, Upper Upscale, Upscale, Upper
Midscale, Midscale, Economy
⫸ Location Answer: urban, suburban, airport, interstate, resort, small
metro/town
⫸ Price Answer: 5 groups based on ADR relative to specific market
⫸ Size Answer: based on number of rooms
PAPER 2026 COMPLETE SOLUTIONS
GRADED A+
⫸ Parent Company Answer: the company that includes multiple chains
⫸ Management Company Answer: operates a hotel for another party
⫸ Owner Answer: there are many companies that own hotels
⫸ Asset Management Company Answer: represents the owner
⫸ Membership or Marketing Groups Answer: provide additional benefit
⫸ Independent Hotels Answer: an important part of the industry
⫸ World Answer: world
⫸ Continent Answer: continents
⫸ Sub-Continents Answer: subsets of continents
, ⫸ Countries Answer: based on UNWTO definitions
⫸ Region Answer: for certain larger countries like USA, Canada
⫸ Markets Answer: for major cities, also non-metro areas
⫸ Submarkets Answer: subsets of markets
⫸ Additional Geographic Fields Answer: state, county, zip/postal code,
city
⫸ Scale Answer: 7 groups based on year-end average: Luxury, Upper
Upscale, Upscale, Upper Midscale, Midscale, Economy, Independent
⫸ Class Answer: 6 groups: Luxury, Upper Upscale, Upscale, Upper
Midscale, Midscale, Economy
⫸ Location Answer: urban, suburban, airport, interstate, resort, small
metro/town
⫸ Price Answer: 5 groups based on ADR relative to specific market
⫸ Size Answer: based on number of rooms
