Boutique hotel - Study guides, Class notes & Summaries

DECA Hospitality Latest Exam Questions With Verified Answers What is a common consequence that comes with a civil lawsuit? paying a fine The goal of many government agencies is to protect the rights of business From a legal standpoint,, hospitality and tourism customers have the right to expect businesses in the industry to take reasonable care Your class has a presentation from a guest speaker. Which of the following behaviors is most likely to help you support the speaker an...

CHIA Exam Questions With 100% Correct Answers Which one of the following is an accurate statement regarding the generation of STAR Reports? - answerA) STAR Reports are rarely generated in Excel. Based on the information present above the occupancy index for february (f3) is. - answerD) 105.3 Which one of the following is an accurate statement about the geographic category known as market? - answerD) A market could include hotels that are in rural areas outside of the big cities. Which o...

CHIA Exam Questions With 100% Correct Answers Which one of the following is an accurate statement regarding the generation of STAR Reports? - answerA) STAR Reports are rarely generated in Excel. Based on the information present above the occupancy index for february (f3) is. - answerD) 105.3 Which one of the following is an accurate statement about the geographic category known as market? - answerD) A market could include hotels that are in rural areas outside of the big cities. Which o...

CHIA Practice Questions with 100% Correct Answers Most of the entities below are classified as "Parent Companies". Which one is a "Chain" that is a member of a larger Parent Company? - Accor - Holiday Inn - Choice - Starwood - Answer ️️ -Holiday Inn Which one of the following statements about management companies is accurate? - Parent companies will always use a management company to manage their corporate owned hotels - A management company can only manage hotels for a single ...

CHIA Exam Study Guide with Complete Solutions KPIs - Answer ️️ -Key Performance Indicators 1) Occupancy Percentage 2) ADR (Average Daily Rate) 3) RevPAR (Revenue Per Available Room) Census vs Hotel Database - Answer ️️ -Census Database contains all of the hotels in the world, but the Hotel Database contains all of the reporting hotels in the world Geographic Categories - Answer ️️ -Continent Sub-Continent Country Region State Market (Metromarkets and non-metromarkets for ...

CHIA Practice Problems-Exam 2024 Q & A Most of the entities below are classified as "Parent Companies". Which one is a "Chain" that is a member of a larger Parent Company? - Accor - Holiday Inn - Choice - Starwood - Answer️️ - Holiday Inn Which one of the following statements about management companies is accurate? - Parent companies will always use a management company to manage their corporate owned hotels - A management company can only manage hotels for a single chain - A ...

CHIA CERTIFICATION ACTUAL COMPLETE QUESTIONS AND ANSWERS 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 are limited to North America In descending order of geographic size, which option below is correct? -Continent, Sub-continent, Market, Co...

HM 441 Exam #1|65 Questions with Answer 2023 Product, Customer, Time, Price - CORRECT ANSWER Revenue management is selling the right _______ to the right _________ at the right ________ for the right ________ Revenue/Yield Management - CORRECT ANSWER Maximize revenue by optimizing capacity, rates and prices and distribution under current and future demand/supply MARKET condition Demand Forecasting - CORRECT ANSWER The most important revenue management feature is They have informati...

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 There are __ chains in the US with 50,000 rooms or more and __ chains in the world with 75,000 rooms or more - ANSWER-22; 24 Most people agree that _______ was the first chain. - ANSWER-Holiday Inn ...

KPIs Key Performance Indicators 1) Occupancy Percentage 2) ADR (Average Daily Rate) 3) RevPAR (Revenue Per Available Room) Census vs Hotel Database Census Database contains all of the hotels in the world, but the Hotel Database contains all of the reporting hotels in the world Geographic Categories Continent Sub-Continent Country Region State Market (Metromarkets and non-metromarkets for everywhere else) Tract/Sub-Market (Outside the US) Non-Geographic Categories...