{"id":59297,"date":"2014-05-14T15:19:46","date_gmt":"2014-05-14T19:19:46","guid":{"rendered":"https:\/\/www.ucf.edu\/news\/?p=59297"},"modified":"2024-04-16T16:51:04","modified_gmt":"2024-04-16T20:51:04","slug":"math-hotels-first-rosen-college-students-earn-demand-industry-certification","status":"publish","type":"post","link":"https:\/\/www.ucf.edu\/news\/math-hotels-first-rosen-college-students-earn-demand-industry-certification\/","title":{"rendered":"Doing the Math for Hotels"},"content":{"rendered":"

Rosen College students Stephanie Adkison, Yanique Bryan, Ryan Dowling, Bertram Jacques, Fernando Pasos, Eily Ridge, Michael Skinner, Barbara Tyler and Donald Warren are among the first at Â鶹ӳ»­´«Ã½ to earn a Certification in Hotel Industry Analytics.<\/p>\n

The Certification in Hotel Industry Analytics (CHIA) is being offered globally to undergraduate and graduate students through a joint effort between the American Hotel & Lodging Association\u2019s Educational Institute (EI), the International Council on Hotel, Restaurant and Institutional Education (ICHRIE), and Smith Travel Research (STR).\u00a0 EI, ICHRIE and STR describe this certification as the leading hotel-related certi\ufb01cation for university students graduating from hospitality and tourism programs throughout the world.<\/p>\n

In 2012, Â鶹ӳ»­´«Ã½’s Rosen College partnered with STR to join its SHARE Center.\u00a0 Through this partnership, Rosen College students can earn a CHIA and take HFT4468 Revenue Management for the Hospitality Industry to prepare for the exam.<\/p>\n

CHIA recipients can \u201cdo the math\u201d and interpret the results, as well as analyze various types of hotel industry data and make strategic recommendations. Certi\ufb01cation also con\ufb01rms a comprehensive understanding of benchmarking and performance reports, in addition to the current landscape of the global hotel industry.<\/p>\n

The CHIA is based upon four core content areas:<\/p>\n

1. Hotel Industry Analytical Foundations,<\/p>\n

2. Hotel Math Fundamentals \u2013 the metrics used by the hotel industry,<\/p>\n

3. Property Level Benchmarking (STAR Reports),<\/p>\n

4. Hotel Industry Performance Reports (Trends, P&L, Pipeline and Destination Reports)<\/p>\n

According to Dr. Amy Gregory<\/a>, a Rosen College assistant professor in the Department of Foodservice & Lodging Management, hiring companies value CHIA and ask for students with these qualifications, which is why it has been incorporated into coursework.\u00a0 In today’s progressively dynamic and competitive environment, all segments of the hospitality industry are increasingly reliant on revenue management strategies to improve profitability in multiple business areas.\u00a0 The ability to obtain this in-demand certification provides Rosen College students with an opportunity to further differentiate themselves in a saturated job market.<\/p>\n

\u201cI chose to get the Certification in Hotel Industry Analytics not only because it shows prospective employers that I’m able to understand and grasp important industry-related data, but also because\u00a0\u200bit makes me more confident in my skills knowing that I have a foundation of knowledge in one of the most important sources of information in the hotel industry,\u201d said Michael Skinner, a senior majoring in hospitality management.<\/p>\n

The CHIA will continue to be offered as part of HFT 4468 Revenue Management in the Hospitality Industry at Rosen College.<\/p>\n

For more information about hospitality management education at Rosen College, please visit hospitality.ucf.edu<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

First Â鶹ӳ»­´«Ã½ Students Earn In-Demand Industry Certification<\/p>\n","protected":false},"author":163,"featured_media":59300,"comment_status":"open","ping_status":"closed","sticky":false,"template":"template-twocol.php","format":"standard","meta":{"_acf_changed":false,"lazy_load_responsive_images_disabled":false,"footnotes":"","_links_to":"","_links_to_target":"","_wp_rev_ctl_limit":""},"categories":[5],"tags":[7575,4068],"tu_author":[],"class_list":["post-59297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colleges","tag-amy-gregory","tag-rosen-college-of-hospitality-management"],"yoast_head":"\nDoing the Math for Hotels | Â鶹ӳ»­´«Ã½ News<\/title>\n<meta name=\"description\" content=\"First Â鶹ӳ»­´«Ã½ Students Earn In-Demand Industry Certification\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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