Practice Test GeeksCHIA - Certified in Hotel Industry Analytics Practice Test
← All CHIA Flashcard Decks

CHIA Financial Analysis & Hotel Accounting Flashcards

6 cards from real CHIA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 CHIA Financial Analysis & Hotel Accounting flashcards as text

  1. What does GOP stand for in hotel financial reporting?

    Answer: Gross Operating Profit

    GOP (Gross Operating Profit) is the profit remaining after subtracting operating expenses from total revenue, before fixed charges.

  2. What does the Uniform System of Accounts for the Lodging Industry (USALI) standardize?

    Answer: Hotel financial reporting formats

    USALI provides a standardized framework for hotel financial reporting, enabling consistent comparison across properties.

  3. In hotel finance, what does EBITDA stand for?

    Answer: Earnings Before Interest, Taxes, Depreciation, and Amortization

    EBITDA strips out financing, accounting, and tax decisions to reveal a hotel's core operational profitability.

  4. Which financial statement shows a hotel's revenues and expenses over a specific time period?

    Answer: Income Statement (Profit & Loss)

    The Income Statement (P&L) summarizes revenues and expenses to show net profit or loss for a given period.

  5. What does 'flow-through' measure in hotel financial analysis?

    Answer: The percentage of a revenue change that flows to GOP

    Flow-through (also called drop-through) measures what proportion of incremental revenue reaches Gross Operating Profit.

  6. NOI in hotel real estate finance stands for:

    Answer: Net Operating Income

    NOI is total revenue minus operating expenses (excluding debt service and income taxes), used to assess property value.