CHIA(Certification in Hotel Industry Analytics)Bundle

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 n...

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. ...

Which is a parent company consisting of multiple chains? - Answer Choice Hotels Which is a true statement about parent companies? - Answer Parent companies and related chains have changed over time What are the 3 different operation types - Answer Corporate, Franchise, Independent Whi...

Which is a true statement regarding geographic categorization? -STR uses the UNWTO definitions when it comes to recognizing countries -General managers of hotels do not need to know geographic categories -The hotel industry uses seven continents to categorize hotels -STR geographic categories ar...

CHIA stands for - Answer Certification in Hotel Industry Analytics Census database - Answer 150,000+ hotels around the world Hotel database (STR Receives performance data from..) - Answer 30,000 hotels ___% of chain hotels that are on the hotel database - Answer 95 ___ independen...

Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Answer Accor which is a true statement about parent companies? - Answer Parent Companies and the related chains have changed over time what are three different operat...

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 ...

occupancy - Answer The percentage of rooms that were sold during a specific time period is _______? demand/ supply - Answer What is the equation for occupancy? increase - Answer If supply remains the same and demand goes up, then occupancy will ______? decrease - Answer If supply go...

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 ...

How does STR obtain raw data? - Answer most raw data is directly exported from the systems of the hotel companies this helps increase the reliability of the data smaller companies enter data on the STR website Performed by STR, new data is compared to prior data for consistency - Answer ...

Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Hampton inn -courtyard -starwood hotels & resorts -holiday inn express - Answer Starwood Hotels & Resorts which is a true statement about parent companies? -parent...