Projected Financial Performance

Projected Financial Performance
Methodology
In effect to project financial run(a) results for the proposed hotel, we collected financial operating selective information for a selection of similar hotels, which were then analyze and utilized to prepargon, on a line-by-line basis, statements of estimated annual operating results for the overmatch for its initial five-year period of operation. Specifically, financial operating information from the pursuance key sources were analyzed:

Individual financial operating statements for alike(p) to(predicate) select-service hotels in Florida. The selection of comparable to(predicate) properties included one-third Hilton tend Inns and four Marriott Courtyard properties;

Individual financial operating statements for three additional Courtyard properties outside the state of Florida that we believe atomic number 18 somewhat comparable to the subject;

An individual financial operating statement for a Courtyard by Marriott property in the Northeast that is operated by the Waterford Hotel Group, the anticipated operator of the subject hotel;

entropy from five sub-categories for limited-service hotels from the 2005 HOST Report (2004 data).



We selected data that was most comparable to the proposed property: limited-service, chain-affiliated, 75 to 125 guest rooms, South Atlantic location, upscale rate tier and Highway location.

Reference is do to these sources in the paragraphs that follow which provide a brief translation of the inputs used to prepare the attached projections. In addition to apiece written description, a table is provided with the actual data. The identities of the individual comparable properties are not revealed in order to maintain confidentiality. Properties are described as Comparable Hotel 1, Comparable Hotel 2, etc.
The data obtained from the HOST Report reflected operations during calendar year 2004 at the hotels in the HOST sample. Individual financial operating data collected was, in most cases, for calendar year 2005. For consistency, we...If you compliments to get a full essay, order it on our website: Orderessay



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