Most lodge operators will only give attention to the current price of the Homes, or perhaps the NPV. They do not typically consider the extensive-time period upkeep costs, which has an enormous impact on the very long-expression upkeep expense of the hotel.
It had been established by J. Willard Marriott in 1927. Dan Cohrs, vice chairman of MC’s task finance, is planning his annual suggestions for the hurdle charges at Each and every of the business’s 3 divisions.
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Yet one more factor which has a immediate influence on the overall expense of possession is definitely the administration fees. These are generally the fees that Marriott hotels collect from their friends at time they remain in the lodge.
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