Does the STR report show net income (profitability) for each hotel in a comp set? The...

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?

Solutions

Expert Solution

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.

keosha answered 1 year ago

Next > < Previous

Related Solutions

How does net income, profitability ratios, asset utilization ratios, and tax benefits differ under LIFO versus...

How does net income, profitability ratios, asset utilization ratios, and tax benefits differ under LIFO versus FIFO?

Which of the following is assessed using the debt ratio? A. net income B. profitability C....

Which of the following is assessed using the debt ratio? A. net income B. profitability C. revenues D. risk of default

How does accrual-basis net income differ from cash-basis net income?

Explain why each ratio individually is favorable or not favorable to the industry average. Profitability: Net...

Explain why each ratio individually is favorable or not favorable to the industry average. Profitability: Net Profit Margin =11.00 Industry average: 5.91 Return on equity =39.69 Industry average: 10.50 Current Price-to-Earnings P/E ratio= 12.38 Industry average: 12.38 Price/Book ratio=5.21 Industry average: 2.20

Income tax rates schedule “ (1) for the Personal Income Tax Net income which does not...

Income tax rates schedule “ (1) for the Personal Income Tax Net income which does not exceed 300,000 baht 5 percent Net income which only the amount in excess of 300,000 baht but not exceeding 500,000 baht 10 percent Net income which only the amount in excess of 500,000 baht but not exceeding 750,000 baht 15 percent Net income which only the amount in excess of 750,000 baht but not exceeding 1,000,000 baht 20 percent Net income which only the...

4. Show that the set A = {fm,b : R → R | m does not...

4. Show that the set A = {fm,b : R → R | m does not equal 0 and fm,b(x) = mx + b, m, b ∈ R} forms a group under composition of functions. (The set A is called the set of affine functions from R to R.)

Show the lower portion of the 2021 income statement that reports the income tax benefit of the net operating loss.

Wynn Farms reported a net operating loss of $132,000 for financial reporting and tax purposes in 2021. The enacted tax rate is 25%. Taxable income, tax rates, and income taxes paid in Wynn’s first four years of operation were as follows: Taxable Income Tax Rates Income Taxes Paid 2017 $ 68,000 25 % $ 17,000 2018 78,000 25 19,500 2019 112,000 25 28,000 2020 68,000 40 27,200 Prepare the journal entry to recognize the income tax benefit of the net...

Consider you have prepared Pro-forma income statements of a new venture that show a net income...

Consider you have prepared Pro-forma income statements of a new venture that show a net income of PKR 50,000, PKR 100,000, and PKR 150,000 for the first three years of starting the business. You are excited to see a positive cash inflow of PKR 300,000 for the first three years. However, your classmate with business majors in finance has highlighted that you may not have PKR 300,000 in cash, although your Pro-forma income statements show that you will earn that...

What does net profit margin indicate? A. The marginal growth or decline of net income year...

What does net profit margin indicate? A. The marginal growth or decline of net income year over year. B. How much of a return is generated from an investment. C. How much net profit is generated per each dollar of revenue. D. How much net profit is generated for every dollar of assets.

Calculate the following measurements: working capital, current ratio, profitability rate/percentage, and net income percentage. Comment with...

Calculate the following measurements: working capital, current ratio, profitability rate/percentage, and net income percentage. Comment with 2-3 sentences about how your business is performing after one month of operations. You opened a new pet supplies store and named it Ozzie’s Pet Supply and Boarding on December 1, 2019. The following information about December’s transactions, accounts, and adjustment data is available. Transactions: Dec. 1 Family members contributed $50,000 cash to the business in exchange for capital. Dec. 2 Purchased $10,800 of...

Subjects