1. Which of the following is NOT a Collapsed Scale segment within the hotel cate
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Question
1. Which of the following is NOT a Collapsed Scale segment within the hotel categorizations used by STR when creating benchmark reports?
a) Luxury/Upscale/Midscale
b) Luxury/Upper Upscale/Upscale
c) Upper Midscale/Midscale
d) Economy
2. Select the group of words missing from the following statements about STAR Reports.
“The STAR Report is a _______ level benchmark report that provides a comparison of performance to competitors. Apart from the key performance metrics of Occupancy, ADR, _______, Supply, Demand and ________, the report also includes ________ information displayed so that the subject hotel can rank its performance against the other hotels in the comp set.”
a) Corporate, RevPAR, Room Revenue, Profit and Loss
b) Property, RevPAR, Room Revenue, Ranking
c) Property, EBITDA, Profitability, Ranking
d) Corporate, EBITDA, Profitability, Profit and Loss
3. Which of the statements below is true in the context of STAR Reports?
a. They are normally generated in Excel
b. If you change data on a STAR Report, all of the related values will recalculate, since there are embedded formulae
c. There are no graphs in the report
d. Weekly STAR Reports are generated on Monday
4. A monthly STAR Report contains weekend and weekday performance. What days are included in “weekday” in most parts of the world?
a. Monday to Thursday
b. Saturday to Saturday
c. Sunday to Thursday
d. Monday to Friday
10. Using this extract from the “At a Glance” tab of a STAR Report (show screenshot above the quiz), answer the following question. Which one of the following is an accurate statement regarding the performance at your hotel?
a. Your current month ADR is higher than the Competitive Set ADR
b. Your Occupancy Index has exceeded the market average in each of the four time periods shown
c. In Running 3 Month performance, your hotel is beating the competition in all three performance metrics (Occupancy, ADR, RevPAR)
d. In Year to Date performance, your hotel’s Index numbers exceed 110 in all three performance metrics
Occupancy ADR RevPAR Index Index Index My Prop. Comp Set (MPI) My Prop. Comp Set (ARI) My Prop. Comp Set (RGI) Current Month 80.8069.70 115.90 73.58 75.54 97.40 59.44 52.64 112.90 Year to Date 78.90 71.50 110.40 87.24 84.53 103.20 68.85 60.43 113.90 Running 3 Month 81.20 71.80 113.10 82.00 82.06 99.90 66.58 59.90 113.00 Running 12 Months 78.90 71.50 110.40 87.2484.53 103.20 68.85 60.43 113.90Explanation / Answer
1. A. Luxury /upscale/midscale
Option A isn't a Collapsed Scale segment that is used by STR, option B, C and D are.
2. B. Property, Revpar ,room revenue, ranking.
Star reports are considered property level benchmark.
Revpar is revenue divided by total number of rooms.
Room revenue is revenue generated from a room.
3. A. They are normally generated in excel.
Star reports are more easily prepared on excel files.
4. C. Sunday to Thursday.
Weekdays are Sunday through Thursday.
(cheers !)
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