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Which one of the following is NOT an accurate statement about the geographic category known as submarket? A) There will always be four or more
Which one of the following is NOT an accurate statement about the geographic category known as submarket? A) There will always be four or more submarkets in a market. B) A city or metro market will frequently have a Downtown or Central Business District (CBD) submarket. C) In a rural market, a small city could be a submarket. D) Submarkets in a city or metro market could be identified by North, South, East, West or by neighborhood names.Which one of the following is an accurate statement regarding percent changes? A) Percent change is the same as point change. B) When the percent changes of the subject hotel and the comp set are both negative, the subject hotel wants to have the highest negative number, for example -7 compared to -3. C) Percent changes show amount of change (increase or decrease) in a KPI this year compared to last year. D)Percent changes are never impacted by holidays or special events
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