percent change calculation
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Percent Change = (This Year - Last Year) / Last Year * 100
When you receive your STAR report, you see that your RevPAR index was 90 this year
compared to 80 last year. What do you know for sure?
A.Your hotel outperformed the competitive set when it comes to RevPAR both years
B.Your hotel outperformed the comp set this year when it comes to RevPAR, but not
last year
C.Your hotel will have a positive RevPAR Index Percent Change
D.Your hotel would have a positive RevPAR Percent Change
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, C.Your hotel will have a positive RevPAR Index Percent Change
When you receive your STAR report, your ADR for the month was $100 and the
competitive set ADR was $90. What can you tell?
A.You had the highest ADR of all of the members of the competitive set
B.Your ADR was $10 higher than the average of all of the members of the competitive
set
C.There was one hotel that had a higher ADR than you
D.Your RevPAR will be higher than the RevPAR of the competitive set
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B.Your ADR was $10 higher than the average of all of the members of the
competitive set
_______ Percent Change shows whether there are more or less rooms sold (guests
spending the night) this year versus last year
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Demand
Modeled data is used in which country?
A.United Kingdom
B.United States
C.China
D.All countries
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, B.United States
Which statement is true regarding RevPAR?
A.It is almost always higher than ADR
B.It can be thought of as a combination of Supply and Demand
C.When a hotel or GM is evaluated, the RevPAR metric is rarely considered
D. It can be thought of as a combination of Occupancy and ADR
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D. It can be thought of as a combination of Occupancy and ADR
Supply(Rooms Available) -
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the number of rooms in a hotel multiplied by the days in the month
You receive your monthly STAR and find that it includes weekday and weekend
performance, what days are included in "weekday" in most parts of the world?
A.Sunday thru Thursday
B.Friday and Saturday
C.Sunday thru Saturday
D.Monday through Friday
Give this one a try later!
Give this one a try later!
Percent Change = (This Year - Last Year) / Last Year * 100
When you receive your STAR report, you see that your RevPAR index was 90 this year
compared to 80 last year. What do you know for sure?
A.Your hotel outperformed the competitive set when it comes to RevPAR both years
B.Your hotel outperformed the comp set this year when it comes to RevPAR, but not
last year
C.Your hotel will have a positive RevPAR Index Percent Change
D.Your hotel would have a positive RevPAR Percent Change
Give this one a try later!
, C.Your hotel will have a positive RevPAR Index Percent Change
When you receive your STAR report, your ADR for the month was $100 and the
competitive set ADR was $90. What can you tell?
A.You had the highest ADR of all of the members of the competitive set
B.Your ADR was $10 higher than the average of all of the members of the competitive
set
C.There was one hotel that had a higher ADR than you
D.Your RevPAR will be higher than the RevPAR of the competitive set
Give this one a try later!
B.Your ADR was $10 higher than the average of all of the members of the
competitive set
_______ Percent Change shows whether there are more or less rooms sold (guests
spending the night) this year versus last year
Give this one a try later!
Demand
Modeled data is used in which country?
A.United Kingdom
B.United States
C.China
D.All countries
Give this one a try later!
, B.United States
Which statement is true regarding RevPAR?
A.It is almost always higher than ADR
B.It can be thought of as a combination of Supply and Demand
C.When a hotel or GM is evaluated, the RevPAR metric is rarely considered
D. It can be thought of as a combination of Occupancy and ADR
Give this one a try later!
D. It can be thought of as a combination of Occupancy and ADR
Supply(Rooms Available) -
Give this one a try later!
the number of rooms in a hotel multiplied by the days in the month
You receive your monthly STAR and find that it includes weekday and weekend
performance, what days are included in "weekday" in most parts of the world?
A.Sunday thru Thursday
B.Friday and Saturday
C.Sunday thru Saturday
D.Monday through Friday
Give this one a try later!
