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Which one of the following is NOT an accurate statement regarding the KPIs for a competitive set? A) The average KPIs for a comp set
Which one of the following is NOT an accurate statement regarding the KPIs for a competitive set? A) The average KPIs for a comp set are calculated based upon a straight average of the KPIs for each member of the comp set. B) The average KPIs for a comp set are calculated based upon the aggregated raw data of each member of the comp set. C) The average KPIs for a comp set are weighted by the number of rooms in each hotel that is a member of the comp set. D) To calculate average KPIs for a comp set, add up the Supply, Demand and Revenue of each member and then apply the KPI formulas
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