Submarkets Study guides, Class notes & Summaries

CHIA EXAM Questions With 100% Correct Answers 2024/2025 What are three different operation types? - answerChain Management, Franchise, Independent Which is a true statement regarding markets? - answerNo market will ever cross country boundaries Markets and submarkets are created based on what two determining factors? - answerNumber of hotels and participation Which is a true statement regarding submarkets? - answerA submarket may represent a small city in a rural market Changes to how ...

Texas Real Estate Investment Exam Questions and Answers Martin placed all of his real estate investments in a trust, and the proceeds are distributed through the trust to his son Nathan. Martin still manages the properties indirectly, and Nathan currently benefits, as he's past the required beneficiary age of 18. What type of trust is this? -Answer-Living trust How can liens, such as those created by non-payment of federal income tax, result in mortgage default? -Answer-New liens can thr...

CHIA Exam Study Guide with Latest Solutions Major Geographic Categories - answer-World -Continent -Sub-Continent -Country -Market -Tract or Submarket Continents - answer-4 -Americas, Europe, Mideast/Africa and Asia Pacific Sub-Continents - answer-4 for each continent When it comes to recognizing countries... - answerSTR uses the UNWTO definition ______ countries with one or more hotels - answer211 ______ countries with 50,000 rooms or more - answer42 Territories such as the U.S. Vi...

CHIA Exam Study Guide with Latest Solutions Major Geographic Categories - answer-World -Continent -Sub-Continent -Country -Market -Tract or Submarket Continents - answer-4 -Americas, Europe, Mideast/Africa and Asia Pacific Sub-Continents - answer-4 for each continent When it comes to recognizing countries... - answerSTR uses the UNWTO definition ______ countries with one or more hotels - answer211 ______ countries with 50,000 rooms or more - answer42 Territories such as the U.S. Vi...

CHIA Exam Study Guide latest update Major Geographic Categories - Answer ️️ --World -Continent -Sub-Continent -Country -Market -Tract or Submarket Continents - Answer ️️ --4 -Americas, Europe, Mideast/Africa and Asia Pacific Sub-Continents - Answer ️️ --4 for each continent When it comes to recognizing countries... - Answer ️️ -STR uses the UNWTO definition ______ countries with one or more hotels - Answer ️️ -211 ______ countries with 50,000 rooms or more - Answe...

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? - Independent hotels are not affiliated with a specific chain 5) Which is a true stateme...

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...

organization - Answer- company, firm, etc. market - Answer- all people/organizations who want or need to buy a product marketing concept - Answer- customer-oriented business philosophy that focuses on customer satisfaction marketing functions - Answer- 1. environmental analysis 2. consumer analysis 3. product planning 4. price planning 5. promotion planning 6. physical distribution (place) planning marketing mix - Answer- combination of product, price, promotion, and physical di...

Champion Real Estate Property Management Exam with 100% Correct Answers | Verified & Updated 2024 4 Phases of a Business cycle - Answer ️️ -1. Prosperity 2. Recession 3. Contraction 4. Recovery When is Equilibrium reached? - Answer ️️ -when demand equals supply General Business Economy and Real Estate Economy are _______? - Answer ️️ -Cyclical Does the Real Estate Cycle or General economic cycle move faster? - Answer ️️ -Real Estate Cycle moves slower A thorough Propert...

An analysis of the market conditions of supply, demand, and pricing for a specific property type in a specific area. (General) Market Study The study of how a specific property is expected to perform in a specific market. It expands on a market analysis by addressing a specific property. (Specific) Marketability Analysis The study of the supply and demand in a specific area for a specific type of property. Market Analysis The process by which submarkets within a larger market a...