Smith Travel Research (STR) Uses a Flexible Format That Relates

Smith Travel Research (STR) uses a flexible format that relates the levels of the actual or estimated average daily rate to the number of hotels within the given market to define the class of hotels found there. Based on this format, they have defined different classes of hotels within the US hospitality industry depending on whether the hotels are metro-based markets, or non-metro-based (rural) markets.How are hotels in the top 30% ADR level regarded in their non-metro market classification?

A) As upscale hotels
B) As luxury hotels
C) As economy hotels
D) As budget hotels