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Based on its annual report, the normal occupancy proportion on the Marriott Houses is eighty four%. So Exactly what does this number signify?
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For the objective of deciding the time period to get in comparison for chance no cost return great post to read and hazard top quality, investment decision lifetime of the job must be viewed as. Due to the fact lodging property, like lodges, had prolonged beneficial lives, return on lengthy-phrase govt bonds should be employed for lodging calculations, which ought to be in the interval 1926 to 1987 (exhibit five on the case) as this proficiently demonstrates The underside line character of return with a long run check out including all abnormalities for the duration of this period.
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