Beverage Industry Financial Ratio by plz18720

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LODGING INDUSTRY RATIOS

Data is based on the HOST Study 2003 published by Smith Travel Research, Inc.
To order complete study, goto www.smithtravelresearch.com
                                                                       Ratio to Total Sales
                                                                   Full Service   Limited Service
Revenue
 Rooms                                                                   61.9%               95.5%
 Food                                                                    20.5%                0.0%
 Beverage                                                                 5.3%                0.0%
 Other Food and Beverage                                                  4.1%                0.0%
 Telecommunications                                                       1.7%                1.4%
 Other Operated Departments                                               4.3%                1.8%
 Rentals and Other Income                                                 1.9%                1.3%
 Cancellation Fee                                                         0.3%                0.0%
Total Revenue                                                           100.0%              100.0%

Departmental Expenses
 Rooms                                                                   25.9%               24.7%
 Food and Beverage                                                       75.5%                0.0%
 Telecommunications                                                      59.8%               91.5%
 Other Operated Depts and Rentals                                         3.4%                2.2%
Total Departmental Expenses                                              43.0%               27.0%

Total Departmental Profit                                                57.0%               73.0%

Undistributed Operating Expenses
 Administrative and General                                               8.2%                9.1%
 Marketing                                                                6.6%                6.0%
 Utility Costs                                                            3.7%                4.6%
 Property Operations and Maintenance                                      4.9%                5.4%
Total Undistributed Operating Expenses                                   23.4%               24.8%

Gross Operating Profit                                                   33.6%               47.9%

Franchise Fees (Royalty)                                                   0.5%               2.6%
Management Fees                                                            3.1%               3.2%

Income Before Fixed Charges                                              29.9%               42.0%

Selected Fixed Charges
 Property Taxes                                                            3.4%               4.1%
 Insurance                                                                 1.1%               1.2%
 Reserve for Capital Replacement                                           2.2%               2.2%

Income available for Debt Service and Other Fixed Charges*               23.2%               34.5%

*Other Fixed Charges include Depreciation and Amortization, Interest, Rent and Equipment Leases.

								
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