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CHIA 4 QUESTIONS WITH CORRECT ANSWERS

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CHIA 4 QUESTIONS WITH CORRECT ANSWERS

Institution
CHIA
Course
CHIA

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When requesting a HOST/Profitability report, you may specify a standard industry
segment, a group of properties based on countless variables, or a user-defined set of
individual hotels.


Possible to request list of hotels that submit P & L data in an area


Approximately 5,200 hotels submit P&L data in the U.S. and over 2,500 hotels submit
P&L data outside the U.S..


Since there are separate full service and limited service reports, you want to select
hotels accordingly or you will need to get two reports.


Give this one a try later!


Requesting host/profitability report

, 1. The number of Census Props can change due to Conversions only if you select an
"industry segment such as Scale". In that case, the Census Props will indicate how
many hotels were in that scale on that specific month.


2. A change in the number of Census Rooms indicates an increase or decrease in the
number of rooms, due to Adds or Drops.


3. A change in the Percent Participation indicates that a hotel started or stopped
submitting data to STR.


4. All of these changes are important to check, since they can affect performance.


Give this one a try later!


Census & Sample Percent number - continued




Hotels in pipeline reports are called PROJECTS


Four phases for under development:


1. In Construction (Vertical construction on the physical building has begun. This does
not include construction on any sub-grade structures including, but not limited to,
parking garages, underground supports/footers or any other type of sub-grade
construction.)


2. Final Planning (confirmed under contract - construction will begin within the next 12
months)


3. Planning (confirmed under contract - construction will begin in more than 13
months)


4. Unconfirmed (Potential projects that remain unconfirmed at this time.)


Two phases for existing hotels:

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Institution
CHIA
Course
CHIA

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Uploaded on
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