Summary of Indirect Hotel Operating Expenses |
Indirect hotel operating expenses consists of the following expenses incurred by the hotels:
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2019 |
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2018 |
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2017 |
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Sales and marketing |
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$ |
16,857,613 |
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$ |
15,998,281 |
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$ |
13,843,578 |
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General and administrative |
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15,401,458 |
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14,581,707 |
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12,949,596 |
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Repairs and maintenance |
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7,939,836 |
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7,624,031 |
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6,828,963 |
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Utilities |
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6,282,218 |
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6,266,192 |
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5,820,589 |
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Property taxes |
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7,044,085 |
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6,225,508 |
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5,729,464 |
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Management fees, including incentive |
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5,259,194 |
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4,785,702 |
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4,170,977 |
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Franchise fees |
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4,706,459 |
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4,308,065 |
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3,877,231 |
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Insurance |
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3,303,366 |
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2,894,708 |
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2,446,269 |
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Information and telecommunications |
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2,558,489 |
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2,142,698 |
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1,647,728 |
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Other |
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1,042,915 |
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818,608 |
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297,808 |
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Total indirect hotel operating expenses |
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$ |
70,395,633 |
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$ |
65,645,500 |
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$ |
57,612,203 |
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