Submarkets Study guides, Class notes & Summaries
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CHIA Exam Questions With 100% Correct Answers 2024/2025
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CHIA Exam Questions With 100% Correct 
Answers 2024/2025 
What are the three different operation types? 
A. Corporate, Managed, Independent 
B. Managed, Franchise, Independent 
C. Managed, Clustered, Independent 
D. Chain Management, Franchise, Independent - answerD. Chain Management, Franchise, 
Independent 
Markets and Submarkets are created based on what two determining factors? 
A. Geographic size and population 
B. Geographic size and participation 
C. Number of hotels and participation 
D....
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CHIA Exam 1 | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 3 pages • 2024
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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...
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Hospitality Revenue Management Final Exam Questions Answered & Graded
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Most of the entities below are classified as "Chains". Which one is a "Parent Company" consisting of multiple chains? - Correct Answer Accor Hotels 
 
Which is a true statement about Parent Companies? - Correct Answer Parent Companies and the related chains have changed over time 
 
What are the three different operation types? - Correct Answer Chain Management, Franchise, Independent 
 
Which is a true statement about Management Companies? - Correct Answer Management companies have ...
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CHIA Exam Study Guide with Latest Solutions
- Exam (elaborations) • 8 pages • 2024
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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...
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Champion Real Estate Property Management Questions With Complete Solutions
- Exam (elaborations) • 15 pages • 2023
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4 Phases of a Business cycle correct answer: 1. Prosperity 
2. Recession 
3. Contraction 
4. Recovery 
 
When is Equilibrium reached? correct answer: when demand equals supply 
 
General Business Economy and Real Estate Economy are _______? correct answer: Cyclical 
 
Does the Real Estate Cycle or General economic cycle move faster? correct answer: Real Estate Cycle moves slower 
 
A thorough Property Analysis includes... correct answer: 1. local market data 
2. physical characteristics 
3....
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CHIA Exam Questions With 100% Correct Answers 2024/2025
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
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- $11.49
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CHIA Exam Questions With 100% Correct 
Answers 2024/2025 
What are the three different operation types? 
A. Corporate, Managed, Independent 
B. Managed, Franchise, Independent 
C. Managed, Clustered, Independent 
D. Chain Management, Franchise, Independent - answerD. Chain Management, Franchise, 
Independent 
Markets and Submarkets are created based on what two determining factors? 
A. Geographic size and population 
B. Geographic size and participation 
C. Number of hotels and participation 
D....
-
CHIA Practice Exam 2023 with 100% correct answers
- Exam (elaborations) • 10 pages • 2023
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- $15.49
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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 the three different operation types? 
Chain Management 
 
Franchise 
 
Independent 
 
 
 
Which is a true statement about independent hotels? 
Independent hotels are not affiliated with a specific chain 
 
 
 
Which is a true statemen...
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Principles of Marketing CLEP| latest full solution questions and answers download to pass
- Exam (elaborations) • 18 pages • 2023
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Principles of Marketing CLEP| latest full solution questions and answers download to pass 
 
organization - company, firm, etc. 
market - all people/organizations who want or need to buy a product 
marketing concept - customer-oriented business philosophy that focuses on customer satisfaction 
marketing functions - 1. environmental analysis 
2. consumer analysis 
3. product planning 
4. price planning 
5. promotion planning 
6. physical distribution (place) planning 
marketing mix - combina...
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CHIA Exam Study Guide with Latest Solutions
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
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...
-
MKT 300 - Final Exam Questions 2023
- Exam (elaborations) • 12 pages • 2023
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MKT 300 - Final Exam Questions 2023 
 
C - Which of the following statements about customer value is true? 
 
A. The sure way to achieve high customer value is to offer a lower price. 
B. None of these statements is true. 
C. Customer value is the difference between the benefits a customer sees from a market offering and the costs of obtaining those benefits. 
D. The greater the competition, the less important customer value is. 
E. It is the manager's view of customer value that matters, no...
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