Markets and submarkets are created based on what two determining factors?
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Number of hotels and participation
What statement is true about a Multi-Segment tab of a Destination Report?
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, You can select several industry segments and their data will appear, You
can select "comparable markets" to track the performance of other cities
that you
feel you compete with, The tab will display numbers for two different time
periods, such as Current Month and
YTD
Which is a true statement regarding geographic categorization?
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STR uses the UNWTO definitions when it comes to recognizing countries
When an a competitive set be changed?
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At any time, although many wait until the beginning of the year
The definitions for Supply, Demand and Revenue used by STR and others in the
lodging industry are taken from what source?
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Uniform System of Accounts for the Lodging Industry
, Which is a true statement about independent hotels?
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Independent hotels are not affiliated with a specific chain
Hotels and hotel companies outside the U.S. may receive STAR reports in what
currency?
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Local Currency, US dollars or a third currency (the company gets to decide)
When you receive your STAR report you see that your ADR Rank for the current
month is "3 of 7". What do you know?
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Your hotel has the 3rd highest ADR among the members of your
competitive set
Which statement is true regarding raw data that is submitted to STR?
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Give this one a try later!
Number of hotels and participation
What statement is true about a Multi-Segment tab of a Destination Report?
Give this one a try later!
, You can select several industry segments and their data will appear, You
can select "comparable markets" to track the performance of other cities
that you
feel you compete with, The tab will display numbers for two different time
periods, such as Current Month and
YTD
Which is a true statement regarding geographic categorization?
Give this one a try later!
STR uses the UNWTO definitions when it comes to recognizing countries
When an a competitive set be changed?
Give this one a try later!
At any time, although many wait until the beginning of the year
The definitions for Supply, Demand and Revenue used by STR and others in the
lodging industry are taken from what source?
Give this one a try later!
Uniform System of Accounts for the Lodging Industry
, Which is a true statement about independent hotels?
Give this one a try later!
Independent hotels are not affiliated with a specific chain
Hotels and hotel companies outside the U.S. may receive STAR reports in what
currency?
Give this one a try later!
Local Currency, US dollars or a third currency (the company gets to decide)
When you receive your STAR report you see that your ADR Rank for the current
month is "3 of 7". What do you know?
Give this one a try later!
Your hotel has the 3rd highest ADR among the members of your
competitive set
Which statement is true regarding raw data that is submitted to STR?
Give this one a try later!
