Chia a grade exam - Study guides, Class notes & Summaries

Calculate % Change - Answer This year - last year / last year *100 Which one of the following is a chain? a.Hampton Inn b.Radisson Blu c.Accor Hotels d.Holiday Inn Express - Answer c. Accor Hotels What statement is true 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 can only consist of chains in a single scale d.Parent companies can only have hotels in a single coun...

Who are the players in the Hotel Industry? - Answer Chain, Parents Co., Management Co., Owner, Asset Management Co. Chain & Brand are used synonymously by... - Answer STR Chain - Answer Represents the hotel brand, clearly displayed to the public on the building Parent Co. - Answer consist of multiple chains; can consist of high-end, middle, & lowend, or concentrate in one area Group is a synonym for... - Answer Parent Co. There are ____ Parent Co. in the U.S. and ____ Parent Co. worldwide....

Operation Types - Answer corporate, franchise, independent Independent Hotels - Answer not affiliated with a specific chain Management companies - Answer have contracts where they receive payment for their services and/ or some portion of profits Geographic categorizations - Answer STR uses the UNWTO definitions when it comes to recognizing countries Markets - Answer no market will ever cross country boundaries Descending order of geographic size - Answer 1. Continent 2. Sub-continent 3...

CHIA stands for - Answer Certification in Hotel Industry Analytics Census Database - Answer 150,000 + hotels around the world Hotel Database - Answer STR receives performance data from over 30,000 hotels % of chain hotels on the hotel database - Answer 95% # of independent hotels on the hotel database - Answer 2,000 Supply - Answer Total Rooms Available Demand - Answer Total Rooms Sold Occupancy - Answer Demand / Supply ADR - Answer Room Revenue / Demand