12 Month P&L
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Full Service Hotel
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PROFIT AND LOSS STATEMENT
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JAN
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FEB
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MAR
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APR
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MAY
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JUNE
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JULY
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AUG
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TOTAL
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2001
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2001
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2001
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2001
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2001
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2001
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2001
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2001
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2001
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%
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STATISTICS
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Available Rooms
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2,697
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2,436
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2,697
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2,610
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2,697
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2,610
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2,697
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2,697
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21,141
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Occupied Rooms
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1,170
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1,172
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1,153
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1,140
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1,544
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1,530
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1,833
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1,488
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11,030
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Occupancy %
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43.38%
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48.11%
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42.75%
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43.68%
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57.25%
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58.62%
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67.96%
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55.17%
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52.17%
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Average Daily Rate
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$84.10
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$72.87
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$72.22
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$76.88
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$85.27
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$90.04
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$89.15
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$90.69
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$83.63
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REVPAR
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$36.48
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$35.06
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$30.87
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$33.58
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$48.81
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$52.78
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$60.59
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$50.04
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$43.63
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REVENUE
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Rooms Department
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98,399
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85,409
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83,269
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87,644
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131,651
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137,757
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163,404
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134,949
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922,482
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80.1%
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Food Department
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20,174
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20,174
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20,174
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20,174
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20,174
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20,174
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20,174
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20,174
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161,391
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14.0%
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Beverage Department
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13,498
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0
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13,775
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0
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14,373
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0
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0
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0
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41,646
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3.6%
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Telephone Department
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1,401
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918
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1,954
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655
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831
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972
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1,383
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917
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9,032
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0.8%
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Other Income
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3,664
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1,661
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2,833
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2,459
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1,331
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1,965
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1,355
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1,319
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16,588
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1.4%
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TOTAL NET REVENUE
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137,136
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108,163
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122,006
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110,932
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168,360
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160,867
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186,316
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157,359
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1,151,140
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100.0%
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DIRECT DEPT EXP
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Rooms Department
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32,842
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30,434
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32,572
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36,036
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29,413
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33,923
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39,538
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32,939
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267,697
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29.0%
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Food Department
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17,602
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0
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17,560
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0
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17,404
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0
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0
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0
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52,566
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32.6%
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Beverage Department
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9,637
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0
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10,331
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0
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10,716
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0
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0
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0
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30,685
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73.7%
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Telephone Department
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2,304
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(2,234)
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2,030
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1,724
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1,059
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838
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1,045
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1,330
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8,097
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89.6%
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Other Income
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62
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0
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0
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70
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119
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14
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0
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60
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326
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2.0%
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TOTAL DIRECT DEPT EXP
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62,447
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28,201
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62,493
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37,830
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58,711
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34,776
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40,583
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34,329
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359,371
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31.2%
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TOTAL OPERATING DEPARTMENTS
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74,689
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79,962
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59,513
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73,102
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109,649
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126,091
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145,733
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123,030
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791,769
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68.8%
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UNALLOCATED EXPENSES
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Administrative & General
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11,820
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16,380
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14,967
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16,207
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13,991
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14,596
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17,513
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17,617
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123,091
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10.7%
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Sales and Marketing
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0
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197
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3,552
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1,831
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3,105
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4,365
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3,745
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2,532
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19,326
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1.7%
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Utilities
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8,572
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5,573
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8,073
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3,463
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6,938
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5,356
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11,597
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11,533
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61,105
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5.3%
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Maintenance and Repairs
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5,960
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5,165
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6,779
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16,185
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7,458
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5,629
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14,331
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14,246
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75,754
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6.6%
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Franchise Fees
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8,591
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8,447
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8,474
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9,640
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11,999
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12,702
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15,285
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13,104
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88,242
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7.7%
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TOTAL UNALLOCATED EXPENSES
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34,943
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35,763
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41,846
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47,325
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43,491
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42,647
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62,471
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59,032
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367,518
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31.9%
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GROSS OPERATING PROFIT
|
39,746
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44,200
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17,667
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25,777
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66,158
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83,444
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83,261
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63,998
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424,251
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36.9%
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