When you spend money on a company, you usually anticipate a profit Later on. You will also put money into a hotel for a similar rationale, to get a gain Later on. When you own a Marriott Lodge these days, you can now decide what your book value can be when you had been to promote it.
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Although this may perhaps sound just like a massive variation, The truth is that it signifies a negligible portion of the overall cost of administration.
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As in almost any resort, the management rate will probably not be specifically equal to your money Price. The management fee is often tied towards the hotel's financial gain. However, the hotel's income are going to be scaled-down compared to the money And so the management payment is often bigger.
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