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CHIA Test Questions with Verified Solutions
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CHIA Test Questions with Verified Solutions
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CHIA Test Questions with Verified SolutionsThe rules that define the data that is submitted are determined by?
correct answerThe uniform systems of accounts for lodging industry
What is not true regarding the raw data submitted by a hotel? correct
answerHotels submit hotel Id, date, occupancy, ADR and revpar
What is not used to calculate occupancy
rooms sold
room rev
rooms available
,all three are required correct answerroom rev
What is formula for revpar correct answerroom rev/ room available
What is the correct formula for percent change? correct answerthis yr- last yr- / last
yr x 100
Correct procedure to calculate year to date occupancy? correct answerAggregate
the raw data for each month, then apply the occupancy formula to aggregated raw
data
What is the correct procedure for calculating YTD revpar % change? correct
answeraggregate raw data for each month this year and last year, calculate
revpar based on raw data for this year and last year then apply the % change
formula to calculate revpar
Formular for index number? correct answersubject value- comp set value x 100
, if a subject hotel has an ADR index of 110, what is true? correct answerhas
higher ADR than its comp set
Correct procedure for calculating occupancy index percent change? correct
answercalculate occupancy index for this year and last year then apply the
percent change formal to these two index numbers
If a subject hotel has revpar index below 100 and positive repair index percent
change what do you know? correct answerSubject hotel has lower repair than
its comp set but the hotel is catching up
If there is a hotel in a comp set that does not report data for the month what
happens? correct answerthe comp set numbers is based upon data from the
reporting hotels
Ranking data for a subject hotel shows? correct answerrelative position of
the value of hotel compared to the values of each members in comp set
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