Property DataAnswer the following questions about property data:Briefly describe how STR obtains raw property data.Identify the various metrics used by the hotel Industry, both the raw values, the KPIs, and the Percent Changes.Explain how metrics are calculated when it comes to multiple time periods.Compare the differences between how monthly and daily data is treatedIdentify “hints” that should be remember when working with the various metrics.

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Property Data
Answer the following questions about property data:

Briefly describe how STR obtains raw property data.
Identify the various metrics used by the hotel Industry, both the raw values, the KPIs, and the Percent Changes.
Explain how metrics are calculated when it comes to multiple time periods.
Compare the differences between how monthly and daily data is treated
Identify “hints” that should be remember when working with the various metrics.

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