For Marriott, the cost of money is the overall with the administration price and functioning price. The a few primary running charges are the expense of construction, expenditure and depreciation.
For that reason, for those who had to subtract out the entire depreciation to get your Web reserve benefit, you might uncover that your property valuation is noticeably lower than that of the Marriott Lodge.
The data employed out there many valuation method is not difficult to find, as the info is accessible publically and can be accessed very easily by everyone.
Most lodge operators will only deal with the current value of the Homes, or the NPV. They don't typically think about the very long-phrase maintenance charges, which has a massive impact on the very long-phrase routine maintenance expense of the resort.
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