Practical Question - 1
Hotel XYZ has 300 rooms with an average occupancy of 75%. The owner's capital
Rs.25,00,00,000 and the total loan raised is Rs. 11,00,00,000. Thus, the total investment is
Rs. 36,00,00,000. Let the fair market return be 14%.
The expenses are as follows:
I
Operating Expenses - Rs. 1,32,12,000.00/-
Taxes & Insurance - Rs. 28,80,000.00/-
Interest paid on loans - Rs. 3,20,000.00/-
Depreciation at book value - Rs. 1,90,000.00/-
Income generated from other sources - Rs. 4,20,000.00/-
Calculate the room rent for the hotel, according to the Hubbart's Formula & Rule of thumb.
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அரிவாளி
மிகவும் நீண்ட வினா
english translation
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intelligent
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