Corporate level str - Study guides, Class notes & Summaries

Revenue Management Questions and Answers 100% Pass Revenue Management selling to the right guests at the right time at the right price to make the most profit Two characteristics of hospitality product perishability & intangibility How are revenue managers incentivized financially? How might this influence their decisions? on diff. basis such as RevPAR, Index, % Change - depending on what their incentives are based on, the hotel's performance or profit can differ Describe to someone who has ...

CHIA 1350 Exam Questions and Answers 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 operation types? - Answer ️️ -Corporate, Franchise, Independent Which is a true statement about independent hotels? - Answer ️️ -Independent hot...

CHIA Practice Exam with Complete & Verified Solutions | 100% Correct 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 are the three different operation types? - Answer ️️ -corporate (chain management), franchise, independent Whi...

CHIA Exam Study Guide with Latest Solutions demand/supply (rooms sold/rooms available) * 100 (displayed as a percentage) Occupancy formula revenue/demand (displayed as a percentage) Average Daily Rate (ADR) formula revenue/supply (displayed as a currency value). Revenue Per Available Room (RevPAR) formula ((This Year - Last Year) / (Last Year)) * 100 Percentage Change formula (Subject Value (Occupancy)/Comp Set Value) * 100 Index formula (Index current year- Index last year)/Index la...

CHIA Practice Exam | 100% Correct Answers | Verified | Latest 2024 Version Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Accor which is a true statement about parent companies? - Parent Companies and the related chains have changed over time what are three different operation types? - Corporate, Franchise, Independent which is a true statement about independent hotels? - independent hotels are not affiliat...

CHIA Practice Exam with 100% Correct Answers | Verified & Updated 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 Which is a true statement about independent hotels? - Answer ️️ -Independent hotels are not affiliated with a specifi...

CHIA Practice Exam with Complete & Verified Solutions | 100% Correct 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 are the three different operation types? - Answer ️️ -corporate (chain management), franchise, independent Whi...

CHIA Practice Exam | 100% Correct Answers | Verified | Latest 2024 Version Which is a parent company consisting of multiple chains? - Choice Hotels Which is a true statement about parent companies? - Parent companies and related chains have changed over time What are the 3 different operation types - Corporate, Franchise, Independent Which is a true statement about independent hotels? - Independent hotels are not affiliated with a specific chain Which is a true statement about ma...

C - The USA PATRIOT Act was passed in: A) 1970 B) 1985 C) 2001 D) 2007 D - The three stages of money laundering are: A) Layering, Placement, Refining B) Placement, Refining, Integration C) Refining. Integration, Layering D) Integration, Layering, Placement D - Which of the following would be satisfactory elements of an Anti-Money Laundering Program? I - A CAMS certified employee in the Investigations Unit writes up a few policies and procedures and posts them on the departmen...

CHIA Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version 1) Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Accor Hotels 2) Which is a true statement about Parent Companies? - Parent Companies and the related chains have changed over time 3) What are the three different operation types? - Chain Management, Franchise, Independent 4) Which is a true statement about independent hotels? - Independ...