In: Operations Management
Does the STR report show net income (profitability) for each hotel in a comp set?
The STR report is the primary reporting tool that helps determine performance for a hotel in management contracts?
1. No, the STR report shows aggregate net income (profitability) of the hotels. They don't show the net income of a particular hotel or each hotel one by one.
2. STR report is a month to month report that incorporates information from hotels and measures every property's piece of the overall industry performance against a self-chose focused set.