Financial Statements
reports the primary measure of performance of a business, revenues less expenses during the accounting period.
Income Statement
$1M NOI
WOH
Wholly Owned Asset
$243,000 - only defined as amount by management company
New Orleans - Sage Hospitality
first look of draft budget guidance defined as RevPar growth and Annual GOP margins
September 15
provides aggregate data regarding all cash inflows a company receives from its ongoing operations. It also includes all cash outflows that pay for business activities and investments during a given period.
$1.5M NOI
LAX
EBITDA
Earnings Before Interest Taxes Depreciation Amortization
$113,000 or $500/room
Houston - Concord Hotels
PSA
Purchase Sale Agreement
financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company's capital structure.
Balance Sheet
$1M NOI
Pittsburgh
Return on Ad Spend
$114,000 or $750 per key
LAX - 247 Hotels
Budget presentations complete and final revisions submitted
December 15
Report that details and provides timeline of amount of money owed by customers for purchases made on credit
AR Aging
$2.9M NOI
Columbia
MAP
Management Action Plan
$170,000 or $1000 per room
Bloomington - HEI
Full Annual Operating Budget, Local Sales & Marketing plan (template provided if needed but please address each section if not used), Cash Flow Forecast, and CapEx
November 1
balance of money due for goods or services delivered or used but not yet paid for by customers.
Guest Ledger
TI
Tenant Improvement
$142,000 or $1000 per key
$130,000 or $1000 per key
Pittsburgh & Columbia - Pyramid
The amount of profit driven to the bottom line when revenues are exceeded.
The amount of expenses conserved when revenues are not attained