Submarkets Study guides, Class notes & Summaries

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 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...

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...

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 ...

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....

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....

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...

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...

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 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...