Chia exam guide - Study guides, Class notes & Summaries

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 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 Certification Exam Study Guide | 100% Correct Answers | Verified | Latest 2024 Version What was the first chain - Holiday Inn What type of company has a contract where it receives payment and/or some portion of profits? - Management Company What are the 2 top markets in the U.S.? - Orlando, FL Chicago, IL What are the top 2 U.S. Metro Markets by number of properties? - Chicago, IL Orlando, FL What is the top U.S. Metro Market by occupancy? - Fort Lauderdale, FL ...

CHIA Exam Study Guide with 150 terms & answers 2023CHIA Exam Study Guide with 150 terms & answers 2023CHIA Exam Study Guide with 150 terms & answers 2023

Chain - Answer (1) displays hotel brand, which is clearly displayed to the public on the building and in all interactions with the customer (2) 24 chains in the US with 50,000 rooms or more (3) 28 chains in the world with 75,000 rooms or more (4) Holiday Inn was the first chain Parent Company - Answer (1) consist of multiple chains (2) often parent companies will have a variety of different types of chains (3) 22 parent companies in the US with 10,000 rooms (4) 34 parent companies worldw...

What is a chain? How many in the US? How many in the world? What was the first? - Answer (1) displays hotel brand, which is clearly displayed to the public on the building and in all interactions with the customer (2) 24 chains in the US with 50,000 rooms or more (3) 28 chains in the world with 75,000 rooms or more (4) Holiday Inn was the first chain What is a parent company? How many in the US? How many in the world? What do they have a mixture of? - Answer (1) consist of multiple ch...

Most of the entities below are classified as chains . Which one is a Parent Company consisting of multiple chains? A. Hampton INN B. Radisson Blu C. Accor Hotels D. Holiday Inn Express - Answer C. Accor Hotels Which is a true statement about parent companies? A. Parent Companies and the related chains have changed over time B. Parent Companies must consist of no more than five chains C. Parent Companies an only consist of chains in a single Scale D. Parent Companies can only have hotel...

Major Geographic Categories Correct Answer: -World -Continent -Sub-Continent -Country -Market -Tract or Submarket Continents Correct Answer: -4 -Americas, Europe, Mideast/Africa and Asia Pacific Sub-Continents Correct Answer: -4 for each continent When it comes to recognizing countries... Correct Answer: STR uses the UNWTO definition ______ countries with one or more hotels Correct Answer: 211 ______ countries with 50,000 rooms or more Correct Answer: 42 Territories such as the U.S...

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. that Holiday Inn - Answer 1st chain "Census" - Answer The counts ...

CHIA Exam Study Guide With Correct Answers.