Chia exam questions - Study guides, Class notes & Summaries

CHIA EXAM Questions With 100% Correct Answers 2024/2025 which one of the following is NOT a Location Category used by the hotel industry? 1. oceanfront 2. airport 3. urban 4. suburban - answer1. Oceanfront all of the following are good reasons for a hotel to have an additional competitive set, except which one? 1. have a local competitive set based upon geography and another based upon a special feature or niche, for example: waterpark, boutique, or conference 2. have different sets f...

How many hotels in the world are in the STR Census database? - 172,000+ How many US hotels are in the Census database? - 52,000 How many US hotels are in the Hotel database? - 30,000 hotels What hotels are in the hotel database? - 95% of chain hotels + 2,000 independents What is the difference between Census and Hotel databases? - The Census database contains basic information about each hotel, whereas the hotel database consists only of properties who share their rooms revenue, rooms avai...

CHIA EXAM QUESTIONS AND ANSWERS

CHIA EXAM Questions With 100% Correct Answers 2024/2025 The four key considerations when creating a Competitive Set are? Participation, Proximity, Policy and Product Participation, Parking, Policy and Pricing Participation, Perimeter, Pool and Pricing Participation, Proximity, Pricing and Product - answerParticipation, Proximity, Pricing and Product Benchmarking in the hotel industry takes place at what level? Property level for an individual hotel versus their Competitive Set Corporat...

CHIA EXAM Questions With 100% Correct Answers 2024/2025 The four key considerations when creating a Competitive Set are? Participation, Proximity, Policy and Product Participation, Parking, Policy and Pricing Participation, Perimeter, Pool and Pricing Participation, Proximity, Pricing and Product - answerParticipation, Proximity, Pricing and Product Benchmarking in the hotel industry takes place at what level? Property level for an individual hotel versus their Competitive Set Corporat...

CHIA Exam Questions With 100% Correct Answers Which of the following are not parent companies Holiday starwood choice wyndham - answerHoliday of what - answer70% chain, 30% Independent What are the US geographic categories used by hotel industry in descending order by size? - answerCountry, region, state, market, tract What is the valid difference b/w scale and class? - answerThere is separate scale group for independent hotels compared to class where independent are combined in group...

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 Exam Questions With 100% Correct Answers Which of the following are not parent companies Holiday starwood choice wyndham - answerHoliday of what - answer70% chain, 30% Independent What are the US geographic categories used by hotel industry in descending order by size? - answerCountry, region, state, market, tract What is the valid difference b/w scale and class? - answerThere is separate scale group for independent hotels compared to class where independent are combined in group...

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 Exam Questions With 100% Correct Answers Which of the following are not parent companies Holiday starwood choice wyndham - answerHoliday of what - answer70% chain, 30% Independent What are the US geographic categories used by hotel industry in descending order by size? - answerCountry, region, state, market, tract What is the valid difference b/w scale and class? - answerThere is separate scale group for independent hotels compared to class where independent are combined in group...