STR EXAM QUESTIONS AND
VERIFIED ANSWERS (LATEST
2026- 2027) 100% CORRECT
A group is defined as: - correct answer- A block
of 10 or more rooms
A HOST or profitability report display data for how many
years? - correct answer- One
A HOST or Profitability report displays what type of info?
a. Profit and Loss, including revenue, expenses, and
profits accounts
b. Balance Sheet (assets) info
c. Monthly Performance (Occ, ADR, RevPAR) data
d. All of the above - correct answer- A. Profit
and Loss, including revenue, expenses, and profit
accounts
,A hotel chain is part of a larger parent company -
correct answer- TRUE
A pipeline report does NOT show
a. new build hotels entering the market
b. conversions of existing hotels
c. room additions to existing hotels - correct
answer- c. room additions to existing hotels
A single hotel can have a management company,
ownership company, asset management company and
additional membership and marketing group associations
- correct answer- TRUE
Aggregating means:
a. Changing a comp set
b. Temporarily removing a property from a comp set
c. Finding averages from several sets of individual data
,d. Isolating a single property's data - correct
answer- c. Finding averages from several sets of
individual data
Aggregating means:
a. finding averages from several sets of individual data
b. Temporarily removing a property from a comp set
c. Changing a comp set
d. Isolating a single property's data - correct
answer- a. Finding averages from several sets of
individual data
All of the following are good reasons for a hotel to have
an additional comp set, expect which one?
a. Have a local comp set based upon geography and
another based upon a special feature or niche
b. Have different sets for weekday/weekend or
group/transient business
c. Have one set that you can easily beat and another
which is a realistic target
, d. different entities may not agree, for example, chain
versus management company - correct answer-
c. Have one set that you can easily beat and another
which is a realistic target
An index below 100% is always a bad indication.
a. true, it means that the hotel achieved less than its fair
share
b. False, an index above 100% is always a bad indication
c. True, it means that the hotel has not reached 100% of
its capabilities
d. False an index below 100% is not necessarily a bad
indication as long as the index is improving over time -
correct answer- d. False, an index below 100% is
not necessarily a bad indication as long as the index is
improving over time
Benchmarking in the hotel industry takes place at what
level?
a. Property level for an individual hotel versus their comp
set
VERIFIED ANSWERS (LATEST
2026- 2027) 100% CORRECT
A group is defined as: - correct answer- A block
of 10 or more rooms
A HOST or profitability report display data for how many
years? - correct answer- One
A HOST or Profitability report displays what type of info?
a. Profit and Loss, including revenue, expenses, and
profits accounts
b. Balance Sheet (assets) info
c. Monthly Performance (Occ, ADR, RevPAR) data
d. All of the above - correct answer- A. Profit
and Loss, including revenue, expenses, and profit
accounts
,A hotel chain is part of a larger parent company -
correct answer- TRUE
A pipeline report does NOT show
a. new build hotels entering the market
b. conversions of existing hotels
c. room additions to existing hotels - correct
answer- c. room additions to existing hotels
A single hotel can have a management company,
ownership company, asset management company and
additional membership and marketing group associations
- correct answer- TRUE
Aggregating means:
a. Changing a comp set
b. Temporarily removing a property from a comp set
c. Finding averages from several sets of individual data
,d. Isolating a single property's data - correct
answer- c. Finding averages from several sets of
individual data
Aggregating means:
a. finding averages from several sets of individual data
b. Temporarily removing a property from a comp set
c. Changing a comp set
d. Isolating a single property's data - correct
answer- a. Finding averages from several sets of
individual data
All of the following are good reasons for a hotel to have
an additional comp set, expect which one?
a. Have a local comp set based upon geography and
another based upon a special feature or niche
b. Have different sets for weekday/weekend or
group/transient business
c. Have one set that you can easily beat and another
which is a realistic target
, d. different entities may not agree, for example, chain
versus management company - correct answer-
c. Have one set that you can easily beat and another
which is a realistic target
An index below 100% is always a bad indication.
a. true, it means that the hotel achieved less than its fair
share
b. False, an index above 100% is always a bad indication
c. True, it means that the hotel has not reached 100% of
its capabilities
d. False an index below 100% is not necessarily a bad
indication as long as the index is improving over time -
correct answer- d. False, an index below 100% is
not necessarily a bad indication as long as the index is
improving over time
Benchmarking in the hotel industry takes place at what
level?
a. Property level for an individual hotel versus their comp
set
