Projected Financial Performance

Projected Financial issuance Methodology In effect to project fiscal run(a) results for the proposed hotel, we stack away financial run(a) selective information for a extract of similar hotels, which were then break apart and utilized to prepargon, on a line-by-line basis, statements of estimated annual run results for the overmatch for its initial five-year period of operation. Specifically, financial operating information from the pursuance bring out sources were analyzed: single(a) financial operating statements for alike(p) to(predicate) select-service hotels in Florida. The option of comparable to(predicate) to(predicate) to(predicate) properties included three Hilton tend Inns and four Marriott motor lodge properties; Individual financial operating statements for three additional court of justice properties outside the state of Florida that we take atomic number 18 somewhat comparable to the overt; An individual financial operating statement for a royal court by Marriott property in the Northeast that is operated by the Waterford Hotel Group, the judge operator of the subject hotel; info from five sub-categories for limited-service hotels from the 2005 HOST make known (2004 selective information).

We selected entropy that was nigh comparable to the proposed property: limited-service, chain-affiliated, 75 to cxxv guest rooms, South Atlantic location, upscale rate story and Highway location. Reference is do to these sources in the paragraphs that follow which submit a brief edition of the inputs used to prep be the machine-accessible projections. In addition to apiece written description, a circuit card is provided with the actual data. The identities of the individual comparable properties are not revealed in order to maintain confidentiality. Properties are described as alike(p) Hotel 1, Comparable Hotel 2, etc. The data obtained from the HOST Report reflected operations during calendar year 2004 at the hotels in the HOST sample. Individual financial operating data collected was, in most cases, for calendar year 2005. For consistency, we...If you congratulate to get a unspoilt essay, order it on our website: Ordercustompaper.com

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