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As in any resort, the administration charge will probably not be precisely equal to the cash Price. The management rate is often tied to the hotel's income. Nonetheless, the lodge's income is going to be scaled-down in comparison to the funds Therefore the management cost is usually greater.
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Most hotel operators will only give attention to the existing price of the Qualities, or maybe the NPV. They do not ordinarily consider the long-time period servicing costs, which has a large influence on the long-time period routine maintenance cost of the hotel.
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