Total Base Management Fees $
Total Incentive Management Fees $
How are the base management fees calculated?
(i.e., % of total revenues, room revenues, net operating income, etc.)
How are the incentive management fees calculated?
9. What are the total potential number of rooms to be sold?
10. What are the total room nights available for sale during the year?
11. What are the total number of rooms sold over the previous calendar year?
12. What are the total number of complimentary and non-revenue use rooms?
13. What are the total number of occupied rooms (sum of Lines 11 and 12)?
0.00
14. What was the occupancy rate over the previous calendar year?
a. Based on potential rooms
%
b. Based on available rooms
%
15. What was the average daily room rate (ADR) over the previous calendar year?
(Total gross room revenue divided by total number of rooms sold)
16. What was the revenue per available room (Rev. Par) (Total gross room
revenue divided by total rooms available) over the previous calendar year?
BE SURE TO REPORT THIS NET OF TRADEOUTS, I.E., BASED ON ACTUAL INCOME COLLECTED.
F. Annual Revenue
(Revenue for previous calendar year January 1 to December 31)
1. Actual Room Rental Revenue Received
$
2. Tradeouts
$
3. Sales of Food Sundry Services
$
4. Sales of Beverages Sundry Services
$
5. Other Food and Beverage Services
$
6. Telecommunications Revenue
$
7. Total Other Operated Departments
$
(specify)
8. Rentals and Other Revenue (specify)
$
9. Total Actual Revenue (sum of Lines 1 through 8)
$
0.00
G. Operated Department Costs
(Costs from previous year January 1 to December 31)
1. Rooms
$
2. Food and Beverage
$
3. Other Food and Beverage
$
4. Telecommunications
$
5. Other Operated Department (specify)
$
6. Total Operated Department Cost (sum of Lines 1 through 5)
$
0.00
H. Undistributed Operating Expenses
1. Administrative and General
a. Administrative/Payroll
$
b. Accounting/Insuranc e
$
c. Other (specify)
$
2. Marketing
(excluding hotel chain expenses)
a. Payroll
$
b. Repairs
$
3. Property Operations and Maintenance
(POM)
a. Capital Repairs
$
b. HVAC Repairs
$
c. Roof Repairs
$
d. Other Common Area or Exterior Repairs
$
e. Other Repairs (explain)
$
FP-421B REV 02/2002
— CONFIDENTIAL —
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