Chia exam Study guides, Class notes & Summaries

CHIA Exam Questions with 100% correct Answers Multiple Affiliations for a Single Hotel - Answer ️️ -Chain Parent Company Management Company Owner Asset Management Company Chain - Answer ️️ -represents the hotel brand, which is clearly displayed to the public on the building and in all interactions with the customer. STR uses Chain and Brand synonymously There are 24 - Answer ️️ -chains in the U.S. with 50,000 rooms or more and 28 chains in the world with 75,000 rooms or more...

CHIA EXAM QUESTIONS AND ANSWERS

CHIA EXAM Questions With 100% Correct Answers 2024/2025 which one of the following is NOT a Location Category used by the hotel industry? 1. oceanfront 2. airport 3. urban 4. suburban - answer1. Oceanfront all of the following are good reasons for a hotel to have an additional competitive set, except which one? 1. have a local competitive set based upon geography and another based upon a special feature or niche, for example: waterpark, boutique, or conference 2. have different sets f...

CHIA EXAM Questions With 100% Correct Answers 2024/2025 which one of the following is NOT a Location Category used by the hotel industry? 1. oceanfront 2. airport 3. urban 4. suburban - answer1. Oceanfront all of the following are good reasons for a hotel to have an additional competitive set, except which one? 1. have a local competitive set based upon geography and another based upon a special feature or niche, for example: waterpark, boutique, or conference 2. have different sets f...

CHIA EXAM LATEST QUESTIONS WITH CORRECT ANSWERS (2024)

CHIA EXAM pt 2 Questions With 100% Correct Answers 2024/2025 When talking about U.S. Industry Data, which is an accurate explanation of "modeled data"? a. U.S Industry Data is based only on the actual data from reporting hotels b. Modeled Data does not help compensate for the non-participating low-end independent hotels in the U.S. c. Modeled Data does not help increase the accuracy of U.S. Industry data d. Modeled Data is derived by using actual data from reporting hotels to estima...

CHIA Exam Review Question And Answers 2023 Solutions CHIA Exam Review Question And Answers 2023 Solutions

CHIA EXAM Review Questions With 100% Correct Answers 2024/2025 Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? Hampton Inn Courtyard Starwood Hotels and Resorts Holiday Inn Express - answerStarwood Hotels and Resorts Which is a true statement about Parent Companies? Parent Companies and the related chains have changed over time Parent Companies must consist of no more than five chains Parent Companies can only c...

CHIA EXAM QUESTIONS AND ANSWERS

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...